Stock market forecast for Wednesday, September 8, 1402 / confrontation between buyers and risk-averse shareholders

According to Tejarat News, the chart of the price movements of the stock market on Tuesday shows that the buyers were in control of the market at the beginning. This advantage lasted only until 10:15, after which the sellers started negative movements. This caused the total index to return a part of its growth and finally the main thermometer of the glass hall with a growth of 0.52%, equivalent to 10,881 units, was placed above the height of 2,84,000 units.

On the other hand, the equal weight index, which shows the same effect of all stocks, had a weaker performance and reached a height of 707,000 units with a growth of 0.27%.

Tehran Stock Exchange under the microscope of statistics and figures

The board of the Tehran Stock Exchange shows the volume of Tuesday’s transactions at 10.3 billion shares and the value of small transactions (shares, preemptive rights and mutual funds) at 6.368 billion tomans.

Experts believe that the more the trading volume reaches higher levels in the current ranges of the total index, the brighter the vision of the new wave of the total index will be drawn in the minds of the shareholders.

The value of transactions, another factor for evaluating the stock market situation, experienced a significant drop compared to the previous days when it was above the level of 7 thousand billion tomans. Experts believe that the durability of this index above seven thousand billion tomans is necessary for the continuation of the positive trend of the stock market.

Checking the ownership statistics of real persons on Tuesday indicates the entry of real capital into the stock market. The index of capital inflows and outflows at the end of Monday’s stock exchange reports the outflow of 210 billion tomans to stocks, pre-emptive rights and mutual funds.

The net inflow and outflow of money experienced a significant decrease compared to Monday’s trading. This issue is not due to the reduction of money inflow, but due to the recognition of the profits of some people in the capital market, which has strengthened the money outflow side. Therefore, it cannot be concluded from this decrease that the expectations regarding the continuation of the upward trend of the market have stopped.

Risk-averse shareholders in the role of sellers

The confrontation of two opposing views at the border of 2.1 million of the total index took the market from the bullish state to the equilibrium phase. Some shareholders interpret the recent growth of the capital market as a break in the downward trend like the previous similar movements of the total index.

On the other side, however, are the buyers of today’s market. That part of shareholders who spend more color than the weight of recent positive and promising news in drawing the future outlook of the stock market.

It should be noted that Ehsan Khandozi finally unveiled his positive news package on Monday. Based on this, the feed rate of petrochemicals officially returned to the formula that was determined in 1994

Although the exchange rate of petrochemicals is still unclear and based on what we have heard, soon the exchange rate of petrochemicals will change to the rate of the exchange center and the currencies resulting from exports will be supplied in the exchange center and the applicants will supply currency from the exporters at an agreed rate.

Tuesday stock market forecast

Pumping positive news and its continuation for several days is a fulfilled condition for the beginning of the upward wave of the stock market. On the other hand, it was mentioned in previous reports that positive news should have an impact on the capital market for a long time. Because the market needs a strong flow to get rid of the pressure of more than three months of continuous negative news.

Therefore, in line with the prediction of the stock exchange on the last day of the first week of September, experts believe that with the decision of some shareholders to recognize profits or exit with less losses, for fear of prices returning to low levels, supplies may increase, but this flow cannot be a significant barrier to On the way up, it is considered as a sign of the glass hall.

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