Stock market forecast for tomorrow, April 6 / When will the market decline?

According to Tejarat News, Exchange This year started a good trend. In the first six days of trading, it recorded a growth of about seven percent.

The strong start of the capital market in the new century has given many shareholders hope for the future of the market. However, some traders believe that the growth of the market at the beginning of April is something that happens every year and can not be happy.

The total index of the stock exchange experienced a growth of 29,859 units today and finally reached the level of 1,461,000 units. Also, the total value of stock exchange and OTC transactions amounted to about five thousand and 325 billion tomans.

Is the excitement of the stock market over?

Fardin Aghabzargi, a capital market expert, told Tejarat News: “By the end of the week, the stock market will face a decrease in the volume and value of transactions.” The market is also experiencing a balanced and downward trend.

“After months of decline, the overall index was able to grow by 7% in the first few days of the year,” he explains. But one should not expect this trend to be sustainable. The market will be in equilibrium by the end of the week, but will not fall much.

This capital market expert emphasizes: the determination and assignment of the exchange rate, the final amendment of the budget bill and some changes caused the stock market to be more efficient than other markets in the first days of 1401.

“At the moment, the market is not particularly excited about buying and selling stocks,” he says. Now is the best time to change the position of the base volume range step by step.

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