Stock market forecast for Sunday, July 4, 1402 / Excitement lurking in the stock market – Tejaratnews

According to Tejarat News, on the first working day of the week, the Tehran Stock Exchange experienced a negative trading trend to end its work with a drop of 11,000 units. Yesterday’s negative transactions were at the beginning of the market, when the stock market indices faced a decrease, and the rial groups of the market, such as cements and the real estate industry, had a green start.

In the future, the supply pressure increased and the sellers gained a significant advantage over the buyers. The recent growth of the dollar, contrary to the usual tradition of the market, did not affect the transactions, and we witnessed a divergence between the stock market indices and Ferdowsi Square transactions.

This incident can be expressed in the way that doubts and ambiguity in the decisions of the people of the capital market are at their highest level, so that according to the recent developments, including the news that comes from the diplomatic environment, as well as the events in Russia, the market activists are waiting for the result to be determined. and they do not start a transaction before that.

Tehran Stock Exchange under the microscope of statistics and figures

Stock market trading volume remained at a disappointing 11 billion shares on the first day of the week, sending a message that traders are still hesitant to enter trades.

Investigating the ownership statistics of real people indicates the entry of real capital into the stock market. The index of capital inflows and outflows in the stock market on Saturday reports the outflow of 446 billion tomans of money from the stock market.

Sunday stock forecast

The adjustment of inflationary expectations occurred due to the stagnation in parallel markets and in the shadow of the reduction in the parity rate of the American banknote with the Rial. On the other hand, the value of transactions, which has reached less than a third of the first half of May and April this year due to uncertainties in the market, has made the market participants disappointed about the beginning of an upward rally.

However, the strengthening of demand was evident in the cement and bulking groups mentioned earlier or even commodity-oriented groups such as urea and non-metallic minerals.

This increase in demand was due to the increased hope that was injected into the market after China’s support package. This package was in response to statistics that indicated a slowdown in China’s economic growth and worried global market participants about a recession. However, experts have slightly backed off their expectations of a strong upward trend and believe in a gradual market recovery.

Regarding today’s market forecast, it should be said that due to the recent developments at the international level, including the Russian civil war, there may be a lot of excitement in the market and we may witness a lot of fluctuations in the market.

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