Stock market forecast Monday March 15, 1401 / Sparks of hope in the capital market – Tejaratnews

According to Tejarat News, the main indicators of the capital market turned green at the end of Sunday trading after two consecutive trading days. Although today’s market growth was low, it still put the total index at the threshold of the important channel of 1.8 million.

The main index of the glass hall recorded a yield of 0.43% on the positive side of its fluctuation range, grew by seven thousand and 741 units and stood at a height of one million and seven hundred and ninety five thousand and nine hundred and fifty five units. It should be noted that the mentioned index rose up to the range of 1,799,131 units during Sunday trading, but the supply pressure caused by the psychological resistance of the range of 1,800,000 units reduced it to the mentioned range.

On the side of medium and smaller stocks of the capital market, the trading situation was better. The equally weighted index of the market registered a double yield compared to the total index and reached the range of 537 thousand 563 units with a growth of 4 thousand 571 points (0.86%).

Some experts believe that with the market balancing after the sharp growth caused by the unbridled increase in the dollar rate, especially the exchange dollar of companies, shareholders will be attracted to small and medium stocks as well as stocks left over from growth.

The expression of this statement was also clear in the end-of-day trading on Sunday, where despite the relatively high supply pressure in the large stocks and market index makers in the final minutes of the trading, small and medium-sized market symbols experienced favorable conditions and a large number also lined up to buy. They finished their work.

The reason for this argument should also be found among the obstacles and problems on the way to the capital market; Because the variables affecting income and profit, which are exposed to the risk of sudden policies to the detriment of companies, are not tangible for the capital market to a large extent in smaller companies. Also, as the release of quarterly reports approaches and the performance of companies is determined, it is expected that attention to such symbols will increase.

Is capital market reform temporary?

Statistics and figures show that in recent weeks, no new liquidity has been injected into the market, either by legal entities or by real entities. It means that the growth of the market happened only with the liquidity that was already available in it and no new money entered it.

The reason for this, however, has different reasons; The increasing attractiveness of the car market, which is known as the parallel stock market, has caused a lot of liquidity to be attracted to it. You have probably heard the story of the beginning of car import and the registration of applicants without even specifying the car model. On the other hand, according to the tradition of the stock market, in the last days of the year, there has always been an increase in the supply of salaries to finance salaries and end-of-year bonuses.

Since the mentioned reasons are temporary, we can hope for market growth not in the short term but in the medium and long term. Because the market value factors are still standing.

Monday stock market forecast

Experts believe that the growth of the capital market will finally come, but it is far from expected that this growth will take place these days.

On the other hand, with shareholders and stock markets remaining undecided about Grossi’s meetings in the country, all eyes will be on his meeting in Vienna; In the meantime, the slightly positive statement published caused the currency market to decrease and currently the free dollar is traded in the range of 51 thousand tomans.

The latest currency developments indicate that the purchase of currency from Nima’s second market has been released for all cooperative exchanges with Nima’s license. As a result, the dollar rate is expected to increase in the second half of the market.

Therefore, during market transactions on Monday, March 15th, we can expect balanced and positive conditions for the indexers.

Read more market analysis reports on the stock market news page.