Stock market forecast for Tuesday, November 9, 1402 / Buyers return to the trading scene – Tejaratnews
According to Tejarat News, the continuous decrease in the height of the total index at the same time as the fever in the currency market increased, led to the dollar value of the capital market returning to the level of the second week of March last year. While the value of the market as a whole was discussed, systematic risks were always mentioned as an important obstacle to market movement.
Over the past two days, however, the downward trajectory of Ferdowsi Square transactions has sent a signal of geopolitical risk reduction to the stock market. Therefore, with the fading of these risks, the market has identified suitable buying opportunities. Accordingly, buyers had a stronger presence in the market on Monday; As far as the real capital inflow index was recorded in the trading board with Sabzefami, although it was small.
The performance of the glass hall displays
At the end of trading on Monday, the main thermometer of the glass hall with a growth of 1.02%, equivalent to 20 thousand and 103 units from the height of this index, was at the level of one million and 981 thousand units. The growth of the height of the main indicator of the glass hall happened while the equal weight index recorded a parallel but more intense performance and reached a height of 670 thousand units with a growth of 1.68% equal to 11 thousand 90 units.
The total OTC index also increased by 1.16 percent, equivalent to 279 units from the height of this index, and reached the range of 24,340 units.
Tehran Stock Exchange in the mirror of statistics
The board of the Tehran Stock Exchange showed the value of small transactions (stocks, preemptive rights and mutual funds) of the stock exchange on the middle day of the week at 3,950 billion tomans. Despite the increase in the height of the stock indices, placing the transaction value in the channel of three thousand billion tomans is still not enough to move towards the dynamics of the market. In general, until this evaluation index of the Tehran Stock Exchange cannot be stabilized in the ranges higher than five hemats, from the point of view of table reading, it is not possible to draw a clear vision ahead of the stock market.
The board of Tehran Stock Exchange shows the trading volume of 6.5 billion shares on Monday. Experts believe that the more the trading volume reaches higher levels in the current ranges of the total index, the clearer the vision of the new wave of the total index will be drawn in the minds of the shareholders. Because the arrival of fresh shareholders makes the way up smoother.
The purchasing power in the market on Monday recorded a positive figure of 1.11, which indicated the greater strength of the buyers in the market. Also, checking the ownership statistics of real people on this day indicates the entry of real capital into the stock market. The index of capital inflow and outflow at the end of the mid-week trading shows the inflow of 90 billion tomans into stocks, pre-emptive rights and mutual funds.
Stock forecast for Tuesday
Experts believe that after experiencing the shock of the beginning of the war, it seems that its initial phase has passed in the stock market. The events of the last 23 hot and cold days imposed critical conditions on the market, and after the passing of the emotional behavior, it seems likely that logic will prevail over the flow of market transactions.
According to experts, the possible scenario is the separation of Perpetasil shares from the market as a whole. In other words, symbols with favorable performance in the first 6 months of the year and the actions of some companies in increasing capital from the place of revaluation provide suitable opportunities for the people of the capital market.
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