Stock market forecast for Saturday, July 10, 1402/ will the total index lose its support floor? – Tejarat News
The total equal weight index was not in a better condition and with a drop of 0.53%, it decreased by four thousand steps and reached the level of 746 thousand 634 units. Free floating indices, the first market and the second market experienced a drop of 0.49%, 0.81% and 0.54% respectively.
Tehran Stock Exchange under the microscope of statistics and figures
On Wednesday, the stock market experienced a value of five thousand 941 billion tomans in the section of small stock transactions, equity funds and pre-emptive rights; The value of retail transactions was reduced by one thousand billion tomans compared to the previous day. The total volume of market transactions reached 10 billion and 400 million shares. In this way, the stock market is still in an erosion recession.
On the other hand, today the stock market witnessed the outflow of 281 billion tomans of real money, which was a decrease compared to the previous day, but in the meantime, income funds recorded the inflow of 366 billion tomans of real money, which shows an increase compared to the previous day.
stability in economic decisions; What does not exist!
What has always reduced the speed and acceleration of the real growth potential of the stock market is the systematic risk in the heart of the market. Systematic risk in general refers to risks that threaten the entire market and not just a specific stock or industry. Based on this, the decisions of the government in the economic sector, which is directly related to the daily value of stocks and market sentiment, are a large part of the systematic risk of the stock market.
For example, while more than three months have passed since 1402, there are still uncertainties regarding the feed rate and gas rate of petrochemical industries. This is while the disagreement between the government and the producer started since the budget bill. The deputy official of Petrochemical Industry Employers’ Trade Union has announced that despite the continuous meetings and communication between the trade union and the Ministry of Oil, the recent resolution was unexpected for petrochemical companies.
Such factors have increased the systematic risk of the stock market. Despite the risk of the economic decisions of the government, the shareholders do not have enough security to invest in the stock market because every day their property may face a new challenge.
Saturday stock market forecast
During the last two days of the week, the stock market faced the strength of sellers. Also, the process of selling stocks continued until the end of the trading session on Wednesday. Therefore, experts give more weight to the supply side to predict the Saturday stock market. On the other hand, due to the approach of the total index to the support floor of two million and 145 thousand units, we can expect more balance to be established in the rest of the week.
Read more market analysis reports on the stock market news page.