Stock market forecast for Sunday 26 September 1402 / Will the stock market fever rise? – Tejarat News

According to Tejarat News, the calm end of the market in the past week was a reflection of the overall performance of the third week of September. The stock market started the beginning of last week with the strength of buyers, but then the pressure of demand gradually decreased.

The point of return of the stock market from its erosion downward trend started with the rumors of feed rate formulation. With the approval of Ehsan Khandozi, Minister of Economy and Finance of the country, the revision of the feed rate of petrochemicals and refineries was made official, and further, the positive news of the increase in the base exchange rate of petrochemicals and refineries in the commodity exchange made the market sentiment positive.

However, last week, the value and volume of transactions experienced a significant drop compared to recent weeks. Experts consider the market’s expectation to determine the final result of the created space in the country’s foreign policies as a reason for reducing the volume and value of transactions.

At the end of the market on Wednesday, the main thermometer of the glass hall decreased by 0.01 percent, equivalent to 309 units from the height of this index, to the level of two million and 126 thousand units.

On the other hand, the equal weight index, which shows the same effect of small and medium stocks, reached a height of 718 thousand units with a decrease of 0.08%.

Tehran Stock Exchange in the mirror of statistics

The board of the Tehran Stock Exchange shows the volume of transactions on the last day of the week at 6.2 billion shares and the value of retail transactions (shares, preemptive rights and mutual funds) at 3,811 billion tomans.

Experts believe that the more the trading volume reaches higher levels in the current ranges of the total index, the brighter the vision of the new wave of the total index will be drawn in the minds of the shareholders. Because the entry of new shareholders will make the way up more smooth.

The value of transactions, as another factor for evaluating the stock market situation, resumed its downward trend this week. Experts believe that stabilizing this index above seven thousand billion tomans is necessary for the continuation of the positive trend of the stock market.

The investigation of the ownership statistics of real people on Wednesday indicates the withdrawal of real people’s capital from the stock market. The index of capital inflows and outflows at the end of the stock market on Wednesday reports the outflow of 214 billion tomans from shares, preemptive rights and mutual funds. However, the outflow of real money during the recent trading days has experienced a decreasing trend, which can be considered as a sign of increasing hope for the Tehran Stock Exchange.

Capital market jump in parallel markets recession?

What is clear from the country’s diplomatic atmosphere is the proximity of the positions of the Iranian and American sides. The exchange of 5 American prisoners in exchange for the release of 6 billion of blocked currency resources has opened the way for negotiations. Therefore, the expectation of an agreement between Iran and the United States, either in the form of a temporary agreement or in the form of the JCPOA, has gained strength.

Currently, according to the diplomatic atmosphere of the country, if there is going to be a recession in the markets due to the stability of the dollar price or its tendency to decrease, it does not seem that the stock market is the target of this recession. Because the Tehran Stock Exchange has mostly experienced a kind of stagnation during the past years while the parallel markets had a lot of growth.

On the other hand, experts believe that in the phase of economic stability, capitals go to productive markets, and other parallel markets, such as currency, gold, coins, cars, and even the real estate market, take on a consumption mode.

On the other hand, Khandoozi’s speech promises happy days in the capital market. Combining the right direction in economic policies with the implementation of these promises paints a clear vision for stakeholders. The Minister of Economy said in an interview: The government will avoid making decisions and policies that cause more uncertainty in the stock market and unpredictability for investors in the country’s market and industries. However, due to the history of statements and slogans that have never been implemented, an important part of the stock market still views the government’s positions with doubt.

Sunday stock forecast

Currently, there is a positive atmosphere in the stock market due to the increase in the price of some cars. Therefore, it can be expected that in the coming week, the automobile group will assume the role of market leader. Therefore, it can be said that based on the news and events in the country’s political and economic climate, experts believe that the stock market will experience more favorable conditions than in the third week of September.

Read more reports on the capital market page.