Stock market forecast by the end of the year / shareholders waiting for the stock market to grow?
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According to Tejarat News, the stock exchange started its work today with a drop of 519 units. Experts say the trading trend will remain volatile until the end of the year.
The total index of the stock exchange stood in the range of one million 282 thousand units until 11 o’clock. Also, the total value of stock exchange and OTC transactions reached a total of 465 billion tomans.
Khodro, Fasbzvar, Shatran, Sepid, Barakat, Famli and Khosapa were among the symbols of stock exchange transactions and Fazr, Tajli, Tusan, Kerman, Gadna, Management and Fajhan were the symbols of over-the-counter transactions.
When does the stock market grow?
“The overall index,” Ahmad Eshtiaghi, a financial markets expert, told Tejarat News Exchange It has not dropped much. Buyers and sellers are not willing to trade prices.
“The market trades at relatively equilibrium points and there is no strong buying or selling queue,” he explains.
The financial market expert states: The P / E of large companies is four to five and small companies is six to eight. As a result, it can be said that the capital market is not a problem in terms of profitability.
Enthusiasm continues: The price of the dollar for stock market participants has not yet stabilized, so shareholders can not buy in a certain direction. The market will fluctuate as it does today until the status quo and the dollar exchange rate are determined.
“We traditionally do not have a strong buyer in March,” says the financial markets expert. So we should not expect growth from the market.
Referring to next year’s trading, he says: “In 1401, with the outcome of the negotiations and its impact on the dollar exchange rate, we can expect the stock market to grow until the end of July.”
Enthusiasm ultimately emphasizes: Most market shares are valuable. As a result, the index will not fall much by the end of the year.