Stock forecasting Wednesday / Will the stock market boom in neighboring countries?

According to Tejarat News, the total stock index today grew by 0.2 percent and the homogeneous index by 1.02 percent, and finally the total stock index reached the range of 1,525,000 units.

A few months ago, the head of the Exchange and Securities Organization announced the launch of a joint Iran-Syria exchange platform, the origin of the Commodity Exchange and Iran’s readiness in this regard.

Bahadur Bijani, the adviser to the head of the organization on international affairs, said today: “Various commodity exchange offers have been submitted to the officials related to the Syrian capital markets.” We are currently waiting for the Syrian side to announce its final opinion in this regard, so that we can enter a new phase of our cooperation with this country.

“The stock market will have an upward trend with cross-sectional reforms until the end of the general assembly season,” the capital market expert told Trade News. The negatives of the market are a correction and breathing in the upward trend, and different groups and industries are not covered in flocks.

He continues: The stock market no longer has herd behavior and the groups are reformed in order. In recent days, for example, banking groups have been negative, and today automobiles have become negative. In this market situation, you can have a good and profitable stock portfolio.

Referring to the assembly chapter, the jurist explains: The market will be upward until the assembly chapter with cross-sectional corrections. After the assembly chapter, we have to see how inflation, Barjam, dollar exchange rate and government policies take shape.

“Opening a stock exchange in Russia or in neighboring countries is good for the market as a whole,” he said. Because existing companies find a new market in neighboring countries and increase their sales. This is good news and will affect the capital market in the long run.