Stock market forecast for the first week of May (infographic) – Tejaratnews
According to Tejarat News, the total index reached two million and 179 thousand units last week and reached two million and 324 thousand units at the end of this week and was able to record a yield of 6.6 percent.
On the other hand, the equal-weight index of the capital market also recorded a growth of 9.7% in its portfolio by reaching the range of 760,000 units. It has been a few weeks that the return of the equal-weighted index is more than the total index, and this shows that the investors’ luck has increased again to the micro and small stocks of the market.
In the last working week of April, the liquidity entry to the stock market was strengthened and every five working days we saw new money entering the stock market. Accordingly, on Saturday 2 thousand 187 billion tomans, on Sunday 468 billion tomans, on Monday 893 billion tomans, on Tuesday 1 thousand 358 billion tomans and finally on Wednesday 809 billion tomans of new liquidity entered the market.
Weekly stock forecast
In recent weeks, the total index of the stock market and the equal weight index were able to experience a very good growth, and because of this, the arrival of new liquidity and people’s confidence in the capital market increased.
Almost 17 working days have passed since the beginning of the new year until now, and the total stock market index has managed to gain 18.55% return in the last month. If we compare this yield and new money entering the glass hall with the monthly yield of last year, we will come to the conclusion that this year is the time to make up for the lags of the stock market in front of other markets and inflation, and according to the forecasts, it will probably leave a very good yield this year.
Iman Sadeghi, a capital market expert, said about the market forecast: “Given the recent growth of the market and the outflow of 11 thousand billion tomans of legal money in the last two months and the value of small transactions and the value of orders on the board and per capita of real buyers and sellers and real expectations and From the recognition of profit and as a result saving profit in some stocks and industries, it is expected that some symbols will continue their growth path and we will see rest or correction in the market as a whole.
Ali Asari, a stock market expert, also stated: “In the past month, there was a lot of money coming into large and small index-making shares, and if there is a time break or the index-making shares fall, small and medium-sized shares can still have the potential to grow and move.”
Bahman Fallah, an expert on financial markets, also said in the market forecast: “Given the very high replacement value of mobile and news symbols and the good 12-month reports of the cement and pharmaceutical group, the nearness of the assembly season, there is a positive reception expected from these groups. Petrochemicals are also due to A lower P/E than the market P/E and a high dividend would be welcome because of high quality (currency) earnings.
According to experts’ opinions and predictions, it seems that next week the transactions will experience a balanced upward trend and the shareholders’ portfolios will continue to be profitable.