Stock market forecast for the last week of June (infographic)
According to Trade News, the total index Exchange Last Wednesday, June 7, stood at 1,520,000 units and at the end of this week reached the range of 1,564,000 units and experienced a growth of 2.8 percent.
The total homogeneous index experienced a level of 428,931 units with a growth of 1.76 percent. The OTC index also grew by 1.92 percent to 21,349 units.
The capital market witnessed the outflow of real liquidity in the fourth week of June. In this week, 448 billion Tomans were withdrawn from the market on Saturday, 24 billion Tomans on Sunday, 323 billion Tomans on Monday, 311 billion Tomans on Tuesday, and finally 334 billion Tomans on Wednesday. In total, in the fourth week of June, 1,440 billion tomans of liquidity was withdrawn, which was a lower figure compared to the previous week.
Despite the growth of all market indicators this week, experts believe that the stock market will have a balanced trend over the next week and may turn red on some days.
Will the stock market rise?
Salman Nasirzadeh, a capital market expert, said about the market situation: “The overall return of the stock market is behind other markets.” But ambiguities and interventions have a heavy shadow on this market. Certainly the flow of smart money will flow to this market by reducing the ambiguities. The stock market will compensate for its returns and backwardness compared to other financial markets.
Fardin Aghabzargi, a capital market expert, also states: It seems that the impact of rising commodity prices and inflation in the country along with a monthly increase of 130,000 billion tomans of liquidity (70,000 billion tomans of government employees’ salaries and 60,000 billion tomans of interest on issued bonds) is expected. Reaching the total index of 2 million units by the end of 1401 is not far from the mind.
As a result, it can be said that Exchange Gives good profits to shareholders until the end of the year.
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