Stock market forecast for tomorrow, March 12 / Index decline continues?

According to Tejarat News, the stock market fell more than 15,000 units today and the total index reached the range of 1,332,000 units.

In today’s stock market, legal entities entered the stock market with about 710 billion tomans of liquidity. The total value of small transactions was 3,730 billion tomans, legal entities bought 35% of the shares, ie 1,320 billion tomans, and their purchase surplus was 19% of the total transactions.

Experts say that the suspension of the Vienna talks and the reduction of prices have left the stock market in a state of ambiguity and redness.

Will the stock market go down?

Borzoo Haghshenas, a capital market expert, told Tejarat News: “Until the status of the Borjam negotiations is determined, the stock market will be volatile and negative.”

He explains: The capital market is still facing two ambiguities between the budget and Borjam. Last week, due to the increase in positive news about the Barjam negotiations, a positive signal was injected into the stock market, and this week we saw an increase in trading volume and demand.

The capital market expert continues: Negotiations are currently in a state of uncertainty. Even with the finalization of Borjam, the market could react negatively. All markets, especially the stock market, are in the ambiguity of negotiations, and this ambiguity is toxic to the economy.

Haghshenas continues: Mr. Ra’isi says that we have not tied anything to Barjam. But our economy is tied to Barjam. I hope the market ambiguities will be resolved by the end of the year.

In the end, he emphasizes: until the ambiguity of Borjam negotiations is resolved, stock exchange transactions will remain volatile and negative.