Stock market forecast for tomorrow, February 15 / Negative Sundays in the stock market
According to Tejarat News, the total stock index fell 38 units to 1,284,000 units. The homogeneity index also grew by about 0.02 percent.
Today, traders made 356,972 trades worth 41,552 billion tomans in the capital market.
Today, the symbols of Fars, Famli, and Ma’dan, Hekeshti, Kegel, Shebander and Khapars had the most positive impact on the overall stock index. Also, the symbols of steel, webmelt, optical, car and trade had the most negative impact on the overall stock market index.
Also, the symbols of Shiraz, Bepas, Vahor, Tajli and Fazr had a positive effect and the symbols of Ghosino, Zagros, Etkai, Arya had the most negative effect on the OTC index.
The total value of stock exchange and OTC transactions reached a total of about two thousand and 795 billion tomans.
Fear of the stock market falling
“As usual, the selling pressure has increased in the last hours of Saturday and Sunday trading is likely to be negative,” Iman Raisi, a capital market expert, told Tejarat News.
He goes on to explain: Support for index stocks also failed, and the index entered a downtrend.
“Optimism about the negotiations has had a positive effect on the automotive and banking groups,” he said. But supply and fears are still high in the market.
Raisi continues: Many stocks are very valuable at the current price. But when the market becomes negative, shareholders enter the sell queue for fear of further collapse.
He emphasizes: Many stocks are traded 20 to 30% below their NAV.
“If the negotiations are successful, the overall capital market will improve and the chances of automobile and banking groups ascending will be higher,” said the market expert, referring to the Vienna talks.
He continues: “The focus of the negotiations in Vienna, Ukraine and Russia has led to a jump in oil prices.” The effect of this price jump can be seen in the refining and petrochemical groups.
Finally, Raisi says: the interbank interest rate has decreased and reached the level of 20.31%, which has a positive effect on stock exchange transactions.