Stock market forecast for the last week of August (infographic) – Tejaratnews

After a volatile week, the stock market welcomes the last week of August. During the last week, the value of retail transactions reached an eight-month low and the volume of transactions decreased a lot. In recent weeks, fear and uncertainty about the prospects of the capital market have increased among traders and raised the question of whether the market will finally come out of uncertainty in the last days of August.

According to Tejarat News, the stock market is not in a good mood on the eve of entering the month of Shahrivar, and it is spending its most stagnant days. Over the past weeks, the volume and value of retail transactions have decreased drastically and put Tehran Stock Exchange to sleep. Most of the market shares have experienced a neutral trend in recent weeks and have not been able to experience a clear path.

This situation has caused the shareholders to stop trading so that the task of the market in the midst of the crisis of the 13th government and throwing the markets into the trap of recession, determine the market leader industries to enter the new month. The capital market experts also considered single stocks more attractive for next week’s transactions in the weekly survey of Tejarat News, which can be seen in the infographic below.

Capital market analyst Fardin Aghabozuri believes that the market is under tension due to the successive drops in stock prices and the total index, which is caused by the wrong and self-interested decisions of the government. In an interview with TejaratNews, he stated that the market will remain balanced in the week ending in September and will eventually experience a gentle positive slope.

Read more reports on Tejaratnews capital market page.