Stock market forecast for Tuesday / will the transactions remain green?
According to Tejarat News, the total index Exchange On the first working day of the week, it took a relatively upward trend, and according to experts, this greening is due to the positive signal of JCPOA negotiations.
Today, Saturday, August 15, the stock market experienced an increase of 11,565 units, equivalent to 0.8%, and reached the level of 1,448,000 units. The total OTC index reached 19 thousand points with an increase of 188 points. Also, the total weighted index grew by 6,888 units equal to 1.6% and reached the range of 390,000 units.
It was on the 12th of August that Ali Bagheri, Iran’s chief negotiator, left for Vienna and there were various meetings in three days. This trip and negotiations are a very positive signal for the stock market.
On the other hand, the spokesperson of the Ministry of Foreign Affairs of China, welcoming the continuation of negotiations on the revival of the Iran nuclear agreement in Vienna, said: America, as a country that caused problems in the implementation of the JCPOA, should make up for its mistakes.
Positive signal to the stock market
Capital market expert Kavian Abdullahi told Tejarat News: We will have a positive market on Tuesday, and the reason for this positivity is due to the positive signal of JCPOA negotiations and the reduction of interest rates in the interbank market.
He continued: In the last few days, positive signals were sent to the stock market due to the JCPOA. But the main point here is that it is easier to control transactions on quieter days of the market or between holidays because there are fewer sellers in the market. Experience has also shown that we experience more balanced transactions on holidays (such as New Year) or between holidays.
Abdullahi finally stated: The second issue affecting the stock market is the reduction of the interbank interest rate. In the past, when the interbank interest rate was reduced, it took more time to take effect. But now the capital market reacts a little earlier to the interest rate reduction.
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