Stock market forecast for Tuesday, August 31, 1402 / Stock market solution to get out of the crisis – Tejaratnews
According to Tejarat News, the stock exchange transactions were closed in the middle of the week in such a way that the total index moved in the opposite direction of Sunday. So that the main index of the glass hall faced the growth of 2 thousand and 411 units, which is equivalent to 0.12% of this index. Based on this, the total index stood at the level of one million and 956 thousand units at the end of today’s trading.
The balance index also moved with the total index command. In this way, the index of small and medium-sized companies of the market could not increase its height and reached the level of 674 thousand 219 units with a decrease of 0.1 percent.
Tehran Stock Exchange under the microscope of statistics and figures
It should be mentioned that the board of Tehran Stock Exchange shows the volume of transactions on Monday at 6 billion shares and the value of small transactions (shares, preemptive rights and mutual funds) at 3,540 billion tomans.
Investigating the ownership statistics of real people in the middle of the week indicates the withdrawal of real capital from the stock market. The capital inflow and outflow index at the end of the stock exchange reports the outflow of 357 billion tomans from stocks, preemptive rights and equity funds. It is worth noting that the withdrawal of money compared to Saturday has been associated with a significant decrease.
How will the positive trend of the market continue?
As mentioned in the previous report, the legal capital market started buying during the trading on Sunday. This issue (not being a seller of rights) helped a part of the market to find a breathing space in the midst of many negative days.
But what is important for the people of the capital market at this point is the duration of positive days, because one flower does not make spring! Continuation of positive days requires two things; An increase in the volume and value of transactions, which is currently at its lowest level in the last eight months. Second, the continuation of positive news.
The middle day of the week started with the market moving forward under the influence of small positive automotive news with the optimism of activists. However, it should be considered that the stock market has been under the pressure of heavy negative news in the automobile sector for more than three months, June, July and August. Therefore, single positive news cannot completely change the atmosphere of the stock market.
Tehran Stock Exchange has been known as a leader since the past. In the meantime, positive news related to the three industries of automobiles, banks and petroleum refineries can move the cooled engine of the market.
The atmosphere of mistrust towards the capital market has reigned again among the public. Experts believe that the social capital of a market is the most important factor of its prosperity and growth. Because the movement of the market is finally possible only if the real capital flow of the market is positive.
Stock forecast for Tuesday
Therefore, in order to recognize the end of the market erosion process, several issues must be carefully monitored, including the value of transactions, the flow of real money in and out, as well as the per capita of buyers and sellers.
The indices of the glass hall returned the lost sector in the second half of trading. This retreat happened with the increase in supply in the last half hour of trading. Hence, it seems that the stock market will start trading on Tuesday with the red side of the market map. Further, we can expect many symbols to end in the balanced ranges of the swing range.
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