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Stock market forecast for the fourth week of July (infographic) – Tejaratnews


The stock market passed the third week of July with a negative return of 6% of the total stock market index. This was despite the fact that during this period, more than four thousand billion tomans of real money was also withdrawn from the market. Will the stock market end July in the same way?

According to Tejarat News, the Tehran Stock Exchange is approaching the last week of July and has not yet been able to recover the upward trend at the beginning of the year. During this period, the stock market indices have fallen under the influence of the poisonous atmosphere of the government’s decisions against the industries, and the trust of the loyal shareholders has also been lost.

Now the question is whether the Tehran Stock Exchange can sweeten the palate of the shareholders in the last days of July, or the story of the government’s attack against the industries will continue to make investors run away from this market.

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.

government pressure on industries; Stock market pullback

Capital market analyst Fardin Aghabozuri, stating that the course of the stock market in the fourth week of July will be balanced and negative, told Tejarat News: “Unexpert and self-interested decisions of the government are the main source of risk in the capital market.” He added: “The adjustment of the exchange rate of refineries, the non-transparent increase in the gas feed rate and the simultaneous decision of the authorities to import used cars are among the main factors of the stock supply pressure.”

Read more reports on the capital market page.

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