Stock market forecast for the third week of Bahman (infographic) – Tejaratnews
According to Tejarat News, the total index of the stock market last week was at 1,611,000 units, and this week it reached 1,557,000 units. In other words, it recorded a 3.3% drop in its record.
The total equal weight index also decreased by 4.7% and reached 487,557 units. The total over-the-counter index also stood at the level of 20,251 units with a decrease of 3.47%; In general, with the decrease of the total index of the stock market this week, the rest of the indices also decreased.
This week we saw a heavy outflow of liquidity from the market. Based on this, on Saturday 1,137 billion tomans, on Sunday 1,924 billion tomans, on Monday 594 billion tomans, on Tuesday 85 billion tomans, and finally on Wednesday 207 billion tomans were withdrawn from the stock market.
The value of stock market transactions reached 30,921 billion tomans this week. So that the value of transactions on Saturday was 6,804 billion tomans, on Sunday 7,112 billion tomans, on Monday 6,493 billion tomans, on Tuesday 5,983 billion tomans and on Wednesday 4,530 billion tomans.
Stock forecast
The stock market went through a bad situation in the last two weeks and during this time we witnessed the downward trend of the capital market indices. Experts believe that the reason for this issue is the authorities; Because each of them caused the stock market to experience an unfavorable situation with their interventions.
Currently, the only way to save the stock market is peace and stability. It means that no body or institution should interfere in the supply and performance of the capital market and allow the market to experience relative peace. When the market situation calms down, the confidence of the shareholders also increases and finally liquidity enters the capital market.
On the other hand, the dollar price and bank interest rate can also change the capital market situation. If the dollar price breaks the record on the first working day of the coming week, the Tehran Stock Exchange will probably react positively to this issue and eventually experience a favorable rise.
On the other hand, in the middle of the last week, the Central Bank notified the banking network of the approval of the Money and Credit Council regarding the amendment of the deposit interest rate and banking facilities; According to this circular, the interest rate limit for normal short-term investment deposits was set at five percent, which was reduced by five percent compared to the previous rate limit.
Some experts believe that excessive manipulation of interest rates by the central bank will damage the nature of the capital market and have a negative impact on transactions.