Stock market forecast for the fourth week of August (infographic)
According to Tejarat News, the stock market registered a growth of less than one percent in the past week. The total index of the stock market was at the level of one million and 443 thousand units on Wednesday last week, and this week it reached the level of one million and 448 thousand units and registered a growth of 0.35%.
On the other hand, the equal weight index reached 389 points with a growth of 1.4 percent. On the other hand, the OTC index recorded an increase of 1.5% and reached the level of 19,151 units.
One of the most important news in the last week was the Vienna negotiations, which made the stock market positive on the first day. Due to this positivity, liquidity entered the market and shareholders became hopeful about growth. But due to the half-finished negotiations, the stock market also returned to the downward cycle and the withdrawal of liquidity from the market was strengthened.
On the other hand, the interbank interest rate decreased, which was a positive signal for Saturday’s trading day. Also, car manufacturers announced that they are going to introduce more and better cars to the stock market, which had a significant impact on the positive effects of the symbols.
Most experts have predicted a balanced market trend in the coming week, and according to these people, until liquidity enters the market, we will continue to see balanced and volatile transactions. On the other hand, the ups and downs of the market will continue temporarily, and the condition of market growth is the influx of liquidity and the removal of the shadow of systematic risks.
Read the latest capital market news on Tejarat News Stock Exchange page.