Stock Exchange Forecast Saturday, February 20 / Will the index decline?

According to Trade News, the stock market experienced a slight decline today and the index remained at the channel of 1.2 million. Experts say the growth of the index and transactions can not be expected until the market ambiguities are resolved.

According to experts’ forecasts, it seems that the stock market will continue to fluctuate until next week, due to the contradictory reports from the negotiation environment and the uncertainty of the budget situation.

Today, the total homogeneous index fell 0.07 percent and reached the range of 325,283 units. Traders in the capital market made 296,593 trades worth 24,620 billion tomans.

On the other hand, the OTC index remained in the range of 17,528 units. The number of OTC trades reached 715,719. Finally, the total value of retail transactions was two thousand and 440 billion tomans.

Is the stock market ambiguity over?

Javad Fallahian, a financial markets expert, told Tejarat News: “The stock market is going through turbulent days, and Saturday’s transactions will probably be followed like this week.”

He explains: Due to the ambiguities of the budget and the outcome of investment in the market is followed with uncertainty.

Fallahian continues: Until the details of the budget are reviewed and approved by the parliament and Borjam is appointed and assigned. We will still see ambiguity in the capital market.

“Given the closing of many stocks and the index, we do not expect much of a stock market downturn,” he said.

Read the latest stock market news on the Tejarat News Stock Market page.