Stock market forecast for the first week of November

The total index of Tehran Stock Exchange on the last working day of last week was equal to one million and 319 thousand units and this week it reached the level of one million and 310 thousand units and was able to record a drop of 0.68%.

In general, this week, the value of capital market transactions went down compared to last week and reached 8875 billion tomans. Accordingly, on Saturday, 1,828 billion tomans, Sunday, 1,914 billion tomans, Monday, 1,895 billion tomans, Tuesday, 1,759 billion tomans, and finally, Wednesday, 1,479 billion tomans were recorded. This value decreased by about 2000 billion tomans compared to last week.

Investigations show that on Saturday 234 billion Tomans, 389 billion Tomans on Sunday, 180 billion Tomans on Monday, 78 billion Tomans on Tuesday and 133 billion Tomans were withdrawn from the capital market. In total, it can be said that this week real shareholders withdrew about 1014 billion tomans from the stock market.

Stock forecast next week

Reviewing the opinions of experts shows that due to the publication of six-month reports, the stock market will be in a better position than in recent weeks. Of course, this does not mean that the index will become positive, but the stocks in the market will have a better situation.

Due to these reports, most of which are positive, it is expected that the interest of shareholders towards investing in the stock market increased. With the increase of funds, the situation of this market will also improve, and maybe the compensation of the shareholders’ losses will be a little more advanced.