Stock market forecast for Monday, November 1, 1402 / What does the continuation of market growth depend on? – Tejarat News

According to Tejarat News, the stock market on Sunday showed a much better performance than the first day of the week. The observation of trading on the second trading day of the week in Tehran Stock Exchange shows that the pressure of the demand flow in small symbols is more than the index-making and large symbols of the market, and this issue is evident and traceable in the greater growth of the balanced index compared to the total index.

This issue shows the attention of the market to the 6-month performance reports of companies. Also, this issue has caused the way of more valuable stocks to be fundamentally separated from other stocks. The market map also confirms the story. At the close of trading on Sunday, some shareholders of groups such as mass builders were facing a completely green map, while some stocks were not only weakly green, but also experienced negative returns.

The performance of the glass hall displays

At the end of trading on Sunday, the main thermometer of the glass hall with a growth of 0.36%, equivalent to seven thousand and 239 units from the height of this index, was placed at the level of two million and three thousand units.

The increase in the height of the main indicator of the glass hall happened while the equal-weighted index, which shows the general price trend of small and medium-sized companies, registered a parallel but more intense performance and grew by 0.57%, equivalent to 3,904 units, at a height of 690. A thousand units were placed.

The total OTC index, which reflects the general level of the stock prices of the companies present in the OTC, but with a drop of 0.24%, equivalent to 61 points from the height of this index, was in the range of 25,030 points and lost a large part of Saturday’s growth.

Tehran Stock Exchange in the mirror of statistics

The board of the Tehran Stock Exchange showed the value of small transactions (stocks, preemptive rights and mutual funds) on the first day of the week with a slight increase compared to the value of transactions on Saturday last week, 3,614 billion tomans. On Sunday, despite the slight increase in the value of transactions, the level of three thousand billion tomans was still maintained. Placing the value of transactions in the channel of three thousand billion tomans is still not enough to move towards the dynamics of the market. In general, until this evaluation index of the Tehran Stock Exchange cannot be stabilized in the ranges higher than five hemats, from the point of view of table reading, it is not possible to draw a clear vision ahead of the stock market.

The board of Tehran Stock Exchange shows the trading volume of 5.9 billion shares on Sunday. Experts believe that the more the trading volume reaches higher levels in the current ranges of the total index, the clearer the vision of the new wave of the total index will be drawn in the minds of the shareholders. Because the arrival of fresh shareholders makes the way up smoother.

Monday stock market forecast

The two variables affecting the state of the stock market at the current stage can be counted the amount of military inflammations in the Gaza war as well as the reports of companies in the first half of 1402. The residents of Ferdowsi Square have been carefully monitoring the events in the West of the Middle East so that if the alarm bells of the possibility of military conflict and the country’s involvement in this war are sounded, they will raise the wick of the deals.

In the previous reports of “TjaratNews”, it has been repeatedly emphasized that in recent years, the American bill is the main factor determining the course of the stock market. Now, with the shadow of the war over the stock market receding, the pre-war balance of October 7 has returned to the market.

On the other hand, the performance reports of the companies in the first 6 months of this year are another factor that the people of the capital market consider for their decisions. The increase in the net profit of some companies, which appears in their published reports in the publishers’ comprehensive information system (Kedal), will naturally cause an adjustment in the ratio of their stock prices to the income of such companies. In this situation, the market will show favor towards this part of the market.

Therefore, according to what has been said, in line with the forecast of the stock market tomorrow, Monday, November 1, 1402, we can expect that the demand for shares of companies with appropriate performance reports will continue and the market will experience a balanced and positive trading flow.

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