Stock market forecast for the fourth week of Mehr
In the past week, the total index of the stock market was able to register a positive return, and based on this return, experts have predicted the trend of transactions and industries for the coming week.
The total index of Tehran Stock Exchange on the last working day of last week, which is October 12, was equal to one million and 313 thousand units, and this week it reached the level of one million and 319 thousand units and was able to record a growth of 0.45%.
On the other hand, unlike the recent weeks, the equal weight index did not fluctuate much and remained in the same range as the previous week, i.e. 380,000 units. This week, the record value of capital market transactions broke and reached its highest level compared to recent weeks. The value of this week’s transactions reached 10,434 billion tomans in total.
According to this trend, most experts believe that next week the capital market will have a relatively balanced situation.
On the other hand, the news of global markets has a very important effect on the stock market and can change the trading process. Commodity price fluctuations can have an important impact on the capital market, and this impact occurs within one to several weeks. The increase in the price of commodities is considered a positive signal for the capital market and can increase the related industries in the Tehran Stock Exchange. On the other hand, price reduction is also a negative signal for the capital market.
The impact of the nuclear negotiations should not be ignored because this issue is a strong signal for the economy as a whole. By reaching an agreement in the JCPOA negotiations, the economy and the stock market will also calm down and gradually come out of recession. However, if there is no agreement, the country’s economy, especially the Tehran Stock Exchange, will suffer a heavy blow, and the trust of the people and shareholders will also decrease.