Stock market forecast for the third week of July (infographic) – Tejaratnews

According to Tejarat News, the stock market ended the second week of July with a 2.29 percent increase in the total stock market index from two million and 153 thousand units on July 7 to two million and 202 thousand units at the end of trading on Wednesday, July 14.

The equal weight index also increased by more than 29 thousand units equivalent to 3.91% and reached 776 thousand 177 units during this week’s trading.

Also, the overall index chart this week shows that the stocks of major stock exchange companies only fell on Saturday, and in the rest of the week, they entered an upward trend with a trading turn.

But will the growth of the stock market indices continue in the coming week and will the stock market stabilize its upward trend? Capital market experts have answered the same questions in this week’s Tejaratnews poll, which can be seen in the infographic below.

Will the volume and value of transactions improve?

During the second week of July, the value of stock transactions and preemptive rights was still at an average of 10 billion shares, and the value of retail transactions was also at the border of 6 thousand billion tomans. Meanwhile, the stock market needs a value and trading volume far beyond these figures to start a sustainable upward trend. Can the stock market experience this path in the coming week?

Capital market analyst Fardin Aghabozouri believes that due to the pressure of the general meeting season of most companies these days, the volume of transactions will remain small.

Read more reports on the capital market page.