Stock market forecast for the second week of May (infographic) – Tejaratnews

According to Tejarat News, Tehran Stock Exchange had good days in the first month of this year and was able to record a return of more than 18%.

After registering this growth, the first working week of May began with a holiday. Last week, the total index stood at two million and 324 thousand units and at the end of this week it reached two million and 365 thousand units and was able to register a yield of 1.7 percent.

The important point here is that this week the market had only three trading days due to the holidays; But in three days, he was able to move in a balanced way and not experience heavy negatives.

On the other hand, the equal weight index of the market reached the range of 786,000 units and achieved a yield of 3.3%. Surveys show that shareholders have been buying small and small market stocks since the beginning of the new year, and the yield of these stocks is more than index stocks, and somehow the stock exchanges have been able to get very good returns with little investment.

The over-the-counter index, with a balance of 28,743 units, left a return of 1.8% in the first week of May.

Stock forecast in the new week

Financial markets expert Barzo Haqshanas told Tejarat News: “Given the intensification of supply based on the market maker’s point of view and due to the trend of taking dollars and gold, which will probably cause money to leave the capital market to the foreign exchange and gold market in the week. It will move forward and eventually the stock exchange will have a balanced exchange.

Shahir Mohammadnia, an expert and analyst of the financial markets, also stated in this regard: “With the movements we had in the free dollar price this week and the greater difference with the half dollar, it seems that the demand in the capital market is still greater than the supply pressure. Especially since there were good movements in the stock market this week. The value of small stock transactions continues to show good figures, and the flow of liquidity to the capital market is strong and promising, and we are witnessing historical records. Therefore, we expect that next week the market will be positive and a turn towards dollar shares and small industries will be seen.”

Helen Esmet Panah, a capital market expert, also told Tejarat News: “The reports of companies, the value and volume of transactions, and valuable symbols with the lowest price growth, strengthen the investor’s tendency towards the market. The attractiveness of the capital market compared to the parallel markets has increased now, therefore attracting more liquidity to the capital market can even slowly benefit the country’s economy.
He continued: “Actions and decisions, however small, in order to improve the infrastructure of the market, especially in 1402, can help to improve the lost trust.” Despite the high-risk fundamental variables, these risks can be reduced by choosing strong symbols along with risk management and investment.”
This capital market expert explained: “Due to the continuation of inflation in 1402, the growth of the sales rate is evident in the financial statements of most companies. But the art of the company is the growth of the production volume and in line with that, the growth of the sales volume.”
Esmat Panah said: “Therefore, there are still companies in the market where both variables are observed, and it is a good choice for the shareholders because of the good profit margin.”
Referring to global prices, he explained: “The growth of the exchange rate and the possibility of global price growth in the future will also affect the operating profit and net profit of the respective companies. Therefore, because the future shareholder buys the company despite all the uncertainties in the market, he can go to companies that have almost all these components in them.
During this period, the capital market proved that fundamental has helped the shareholders a lot with the quality of the companies. It is recommended that shareholders do not make emotional purchases and sales these days under the positive atmosphere of the market and enter by studying the financial statements and checking the company’s funds.
This capital market expert continued: “The trend of the market is still balanced and positive, along with fundamental and natural micro-fluctuations.” “Probably this week, the demand will show a tendency towards larger industries and companies that have had a slower and turtle movement compared to the market trend and the rest of the symbols and have not grown as much.”

According to the opinions of experts, it seems that the market is balanced and fluctuating during the week. Of course, considering the recent growth of the index, this trend is necessary for the market to reach more balance.