Stock market forecast for the first week of July 1402 (infographic) – Tejaratnews
How will the stock market spend the first week of July? Is the stock market’s spring ups and downs over and now traders are getting ready to climb the market? In this case, which industries will drive the rise? These are the questions that shareholders ask themselves on the eve of entering the capital market’s summer trading; After going through a difficult season for the loyal people of Bursa.
According to Tejarat News, the stock market ended the month of June while in the last week of the spring season, the total and equal weight indices followed two different paths; In a way, the total index fell by 0.38%, but the weighted index went up by 0.33%. In this way, the stock market stagnated this week and could not provide attractive returns to investors.
But is the stock market going to spend the first week of July in the same way or is luck with the shareholders and the market will return to the upward path? In a conversation with TejaratNews, capital market experts have predicted the stock market in the coming week, which can be seen in the infographic below.
It should be mentioned that in the last week of June, most of the high-yielding shares were the initial offering. For example, Shahr and Wassedid, which were the most profitable symbols of the stock market this week, grew by 28 and 27 percent, respectively. Sefar was also the third most profitable stock in the last week of June with a growth of 23%. On the other hand, Sesaf’s transactions were uneventful like last week and took the title of the least profitable symbol of the stock market.
During the last week, the value of small transactions generally remained at the levels of five to seven thousand billion tomans to convey the message of stagnation to investors. Capital market analyst Fardin Aghabozuri believes that the negative reforms of the market have ended, but due to the management of the total index and prices, the market will remain balanced this week.
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