Stock market forecast for the second week of Bahman (infographic) – Tejaratnews
According to Tejarat News, the overall index of the stock market did not leave a favorable situation in the first week of December. The total index of the stock market last week was at 1 million 689 thousand units and this week it reached 1 million 611 thousand units and registered a 4.6% drop in its record.
On the other hand, the market of equal weight index also took a downward trend and stood at the level of 512,491 units with a decrease of 2.59%. Also, the over-the-counter index recorded a 2.5 percent drop and stood at 20,980 units; In general, all market indicators were down this week.
Stock forecast next week
The stock market fluctuated and fell in the last week, and factors such as the increase in the price of the dollar and interference in the supply of cars in the commodity exchange played a role in this decline.
The new head of the central bank uses the command pricing formula for the dollar and is trying to bring the rates closer to each other by increasing the rates in the exchange and decreasing the command price in the open market.
Research shows that price suppression has always had the opposite trend. Maybe in the short term we will see a price decrease in the market; But in the long run, we will see an astronomical price increase in that market. The dollar also has the same story and we will probably see an increase in the rates after suppressing the prices.
The dollar has a significant impact on the stock market, and these two markets are correlated with each other, and due to the increase in the dollar rate, we also see the growth of the stock market. But in the last few weeks, due to the strong fluctuation in the price of the dollar, the stock market reacts negatively, and when the currency market stabilizes, the capital market can also receive a positive reaction from the dollar.
For several months, the stock exchange has been involved in opposition to the sale of cars on the commodity exchange. Now, the Competition Council is looking to cancel the supply of cars in the commodity exchange or its mandatory pricing.
If the interventions for the supply of cars in the stock market end, we will see a more stable situation in the stock market.