Stock Exchange Forecast Saturday, May 17 / Will the stock market grow after the holidays?

According to Tejarat News, the stock market reached 1,521,000 units on Wednesday of the last week and 1,529,000 units on Monday, the last working day of the week. The overall stock index rose 0.5 percent this week.

In the market last week, the group of chemical products had the highest value. After that, the group of basic metals with the highest value and finally the groups of metal ores, multidisciplinary industrial companies and petroleum products, coke and nuclear fuel were included in the list of the most valuable companies.

On the OTC market, after the chemical products industry, the highest value was allocated to insurance groups and pension funds, metal ore mining, investments and base metals.

Will the stock market be balanced?

“Given that we have had four days off this week, it is a bit difficult to predict next week,” Ali Assari, a capital market expert, told TradeNews. Forecasting is subject to change at home and abroad.

He explains: “Given that we had a holiday this week, next week’s deals on Saturdays and Sundays will probably be followed with positive excitement.” But from the second half of the week or from Monday onwards, Boss returns to the orbit of logic.

“In general, unless there is a specific political or social event next week, it will be a thriving week for the capital market, and I think the benchmarks will go up this week,” Assari said.