Stock market forecast Monday, July 26, 1402/ the last chance for the stock market to return – Tejaratnews

According to Tejarat News, a look at the Sunday stock market map shows that 88 percent of the stock market symbols turned negative on Sunday, and the portfolios of their shareholders lost. Also, 246 symbols sat in the sales queue and shareholders had no choice but to watch their losses.

In addition to reasons such as the increase in the feed rate of petrochemicals, rumors about the removal of discounts for refineries and the story of the denial of Shepna’s profit recognition, the current reduction of the American banknote to the corridor of 48 thousand tomans is also the reason for the collapse of the capital market.

It can be seen from the behavior of the sellers that the stock market is in a kind of panic. While the stocks are falling further, ignoring the fundamental factors, there is no news of the market stabilization fund. A fund that needs to be entered in this situation.

The stock market transactions on Sunday took place while the overall index moved towards its downward trend. So that the main index of the glass hall faced a sharp drop of 49 thousand and 593 units, which is equivalent to 2.39% of this index. Accordingly, the total index stood at the level of two million and 21 thousand units at the end of Sunday trading.

Also, the equal weight index also decreased along with the main indicator of the glass hall and reached the level of 708 thousand 496 units with a drop of 2.68 percent.

Tehran Stock Exchange under the microscope of statistics and figures

The board of the Tehran Stock Exchange shows the volume of Sunday’s transactions at 9.6 billion and the value of shares, preemptive rights and mutual funds at 5.296 billion tomans.

Investigating the ownership statistics of real people indicates the withdrawal of real people’s capital from the stock market. The index of capital inflows and outflows at the end of Sunday’s stock exchange reports the outflow of 953 billion tomans from shares, preemptive rights and mutual funds.

Last chance to return

The stimulus that can be considered for the stock market at the moment is the final deadline for holding annual general meetings of companies as well as the publication of quarterly reports.

Tehran Stock Exchange is always accompanied by an increase in demand during the assembly season. On the other hand, companies are required to publish their quarterly performance reports this week. The people of the market expect that the companies have faced an increase in profitability and growth in production and increase in sales in the last three months. Therefore, the publication of such reports will adjust the P/E of the market.

Although the market has value in the current range and it has suffered due to the lack of confidence element. However, quarterly reports may be the stimulus that will save the market from the current situation.

Monday stock market forecast

Tehran Stock Exchange faced a cascade of stocks during Sunday trading. Considering that the total index is approaching its support trend line, the market is expected to show a positive reaction to this support and become a little more balanced.

Read more reports on the stock news page.