Stock market forecast for Sunday 11 July 1402/ the heavy shadow of the decision to increase the feed rate on the stock market
According to Tejarat News, the dark shadow of the 40% increase in the feed rate and 100% increase in the gas rate of the petrochemical industry continues to weigh on the stock market transactions. The continuation of this process finally forced the authorities to react. The positive reaction of the stock exchange organization may light a ray of hope in the hearts of the shareholders and make the market sentiment a little positive.
However, Sunday’s stock market continued to decline. Accordingly, the main index of the Glass Hall faced a drop of 9,490 units, which is equivalent to 0.44% of this index, and finally ended its work at a height of 2,143,000 units.
On the side of medium and small market shares, the story was a little different. The balance indicator of the Tehran Stock Exchange showed the balance well and prevented the sellers from showing more power. The total weighted index increased by 0.04% during Sunday trading and stood at 746,000 units.
Tehran Stock Exchange under the microscope of statistics and figures
The stock market is still in a coma and trading parameters record low figures, so that the Tehran Stock Exchange board has shown today’s trading volume at 8.7 billion and the value of trading at 5.117 billion tomans.
Investigating the ownership statistics of real people also indicates the withdrawal of real people’s capital from the stock market. In such a way that the capital inflow and outflow index at the end of today’s stock exchange reports that 529 billion tomans worth of money has been withdrawn from the stock exchange.
Corsoi of hope in the heart of the stock market
The continuation of the declining trend of the capital market in response to the famous resolution of these days, caused the stock exchange and securities organization to finally react to these events in favor of the rights of the shareholders.
In an interview with ISNA, the director of stock market supervision of the Securities and Exchange Organization has announced that in view of the recent notification of the First Vice President and the increasing suspicion of transactions based on secret information around May 17, after inquiring and receiving the names of the informants of the feed rate decision And the persons under their care, as the holders of confidential information, the transactions of the introduced persons will be investigated in the above period of time, and if the smallest violation is observed, it will be followed up and dealt with accordingly.
Also, the director of stock market supervision of the stock exchange organization has emphasized that no restrictions or red lines will be considered in identifying and dealing with these violations!
On the other hand, expectations regarding the dollar price trend have increased due to the developments of the American foreign policy cabinet. Although some experts believe that the price of the dollar has a bubble in terms of value compared to the rial, the forced leave of Robert Mali, who generally had positions close to the revival of the agreement, may change the behavior of Ferdowsi square traders.
Monday stock market forecast
Tehran Stock Exchange is in the second week of July. Regarding the prediction of the Sunday stock market, experts believe that the stock market will be more balanced. However, with the breaking of the previous bottom of the index, it has worried the shareholders a bit. Currently, if the main indicator of the glass hall in the candle returns strongly on Sunday and Monday, the slight crossing of the indicator from its previous floor can be considered as a fake breakout. If the index does not change its strong direction in the next two days, we should see deeper downward targets in the future.
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