Stock Exchange Prediction Saturday / The promise of stock exchange officials did not come true!

According to Tejarat News, Exchange In the past week, it had a relatively balanced trend and left the 1.6 million channel. Experts believe the stock market is profitable in the long run.

Refinery I was the second government investment fund to be admitted under the ETF. This fund, which includes the remaining government shares, in four refineries in Tehran, Isfahan, Tabriz and Bandar Abbas in September 2016 in Exchange Released. But from the beginning it was full of margins. While the Ministry of Economy promised to offer three funds to the people in the peak days of the stock market, one step left until the supply of the first refinery, as the second fund, and after the low supply, the Minister of Petroleum opposed, and the underwriting of this fund was marginal. .

The stock purchase ceiling in this fund was reported to be five million Tomans, but investors who had bought up to two million Tomans from “Dara Ik” could only buy three million Tomans from “Refinery One” units.

The outflow of liquidity from the market increased

Payam Eliaskordi, a stock exchange expert, says in an interview with Tejarat News: Exchange This week, it took the reform process and reacted to the resistance of 1.6 million units. We also had a large outflow of liquidity, and almost the last trend on Wednesday determines the trading on Saturday.

“Trading closed positively on Wednesday and we will probably have a positive pulse in the market on Saturday,” he explains.

Eliaskordi continues: The first refining fund is approximately four thousand tomans less than its NAV (intrinsic value). Of course, first or existing financial intermediation funds also have a price difference of about five thousand tomans with their intrinsic value. People were supposed to make a profit by buying these funds, which also had a 20% discount. But after a few months, the two funds were lost.

“Some funds have grown and some have stalled,” explains the capital market expert. Although the market has better conditions, but this fund did not change and somehow had no place in the trend. Technical analysts also said that it was possible to increase the price of these funds, but there was no increase in price.

The losses of the stock exchange shareholders were not compensated!

Referring to recent promises, Eliaskordi says: “The head of the stock exchange organization has repeatedly promised to compensate for losses and plan to return the funds at their inherent price.” For example, in a television program, the head of the organization said that the redness of the market would decrease and that measures would be taken in relation to the first gallows and the first refinement until they reached their NAV by the end of 1400. But it is still not news.

“If we are going to do something, we have to focus on the information model,” he said. People count on the words of every official in charge and say that when a government official says he wants a share to be returned, people expect this to happen very quickly and the process will not take long. But based on what I see in the picture, there is no news at the moment.

The capital market expert continues: In my opinion, the stock exchange organization, together with the government, should think of measures to compensate the shareholders and bring the price of this share to its intrinsic value. Finally, they should announce this issue in order to increase people’s trust in the stock exchanges and funds.

“The result of continuing the vocational therapy to change the situation is nothing but distrust, and it costs more than the funds are supposed to reach NAV prices,” says Eliaskordi.