Stock market forecast for Monday, July 5, 1402 / Will the stock market come to life? – Tejarat News
According to Tejarat News, the index of the stock market had an upward trend on Sunday and managed to climb 27,000 steps to finally reach a height of 2,189,632 units with a growth of 1.25%.
Also, the equal weight index was also bullish and increased by 7,291 units equivalent to 0.98% and reached the level of 750,252 units.
Tehran Stock Exchange under the microscope of statistics and figures
It should be mentioned that the board of Tehran Stock Exchange shows the volume of transactions on Sunday at 11 billion 120 million and the value of transactions at 6 thousand 980 billion tomans.
Investigating the ownership statistics of real people indicates a small withdrawal of real people’s capital from the stock market. The capital inflow and outflow index at the end of today’s stock exchange reports that 156 billion tomans of money has been withdrawn from the stock exchange.
Also, the map of Tehran Stock Exchange today with the presence of 476 green symbols and 262 negative symbols showed the dominance of buyers in the market.
The relationship between the dollar and the indicators of the glass hall
The exchange rate has always been mentioned as an influencing variable on the fluctuations of the entire stock market index and the market as a whole. But the important thing to be careful about is that these effects occur with time advance and delay. If we relate the daily fluctuations of the exchange rate to the stock market trading board, it will result in some kind of statistical error.
Therefore, daily fluctuations are only due to behavioral emotions of some day traders active in the market. In general, in the best case, exchange rate fluctuations leave their basic effects on the stock market indexes of the glass hall in a way that is tangible for the people of the capital market.
Another point that shareholders and market participants should pay attention to is that the effects of the recent rally of the dollar and its rise to the height of 60 and 50 thousand tomans have not been reflected in the stock market transactions.
Based on this, the people of the capital market should not worry too much about the exchange rate fluctuations and the return of the market to the negative side. Meanwhile, during this week’s transactions in Ferdowsi Square, the American banknote managed to return to the corridor of 50 thousand tomans and at the moment Setting this report is traded on the border of 50 thousand tomans.
Monday stock market forecast
After the limited and generally negative fluctuations that had been on its agenda since last week, the Tehran Stock Exchange found hope today due to the increase in the base rate of the petrochemical dollar to 37,963 tomans and showed a green face.
However, the trading process on Sunday was not satisfactory, and with the passage of time, we saw the weakening of buyers and the strengthening of sellers. Based on this, experts expect the stock market to return to its equilibrium state on Monday, July 5, 1402.
It seems that sufficient liquidity has not yet been attracted to start the market movement, and when the capital injection is made by the market participants, we can expect the market to start rising.
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