stock market forecast on Saturday 11 September 1402/ are the green days of the stock market continuing? – Tejarat News

According to Tejarat News, the first trading week of September passed while the value and volume of shares, preemptive rights and mutual funds transactions increased. Although, in the end, the balance of money entering and leaving the stock market became negative. In such a way that during the first week of September, the stock market witnessed the outflow of money in two days and the inflow of real money in three days. Finally, the balance of money inflows became negative, so that in the investigated period, 102 billion tomans of real money has left the market.

But does this withdrawal mean the end of the upward path of the stock market, which started again after 3.5 months, or does it only mean the recognition of the exit opportunity by some shareholders who were stuck in one stock during this period?

Group-oriented or single-share?

Most of the capital market experts believe that it is not possible to predict a uniform growth for the Tehran Stock Exchange. Because the variety of government news and approvals sometimes makes a part of the market go up and a part goes down, and currently it is not possible to invest and trade based on a clear economic perspective, because basically the 13th government does not have a horizon and perspective for the economic management of the country!

Therefore, most of the market professionals recommend traders to examine individual stocks for entry and exit and not to follow the leader of a group of industries based on the news because the government may one day make a decision and decree about a specific industry and to cancel it or to raise some issues only based on slogans and promises. Accordingly, in such circumstances, fundamental and technical analysis of stocks individually and case by case is recommended for entry. However, some news are still important in the capital market and should be paid attention to when reviewing shares.

Important news for stock market industries

Among the important news that attracts the attention of investors these days is the news related to the automobile group; Especially since this news is related to the transfer of shares of this group.

Based on this, Economy Minister Ehsan Khandozi has recently announced cooperation with the Ministry of Security to transfer the shares of Khodro Group. In this regard, he said: The Minister of Industry, Mines and Trade has a special plan and idea for handing over the shares of automobile manufacturers, and it is necessary for the two Ministries of Economy and Security to work together for this. Khandozi has announced that for this purpose, after the two ministries jointly agree on the program and method of handing over, the details will be announced.

In this case, Babak Ahmadi, the head of Iran’s Industrial Development and Modernization Organization, said: “We are implementing the President’s order and we have formed a committee and gathered all the relevant bodies and prepared the implementation plan.”

He also stated about the transfer of the shares of the companies under the automobile manufacturers that in the President’s order, priority is given to the transfer of cyclical shares; That is, our first priority is to transfer the so-called Todli shares of the car manufacturers because this was a very wrong behavior that happened in the past, these shares are the priority for transfer, and if this happens, the government will no longer be in charge of managing them and the management will be transferred.

However, it should be noted that this kind of news has been announced many times in the past years, but in practice, no result has been reached, and the government is still the major indirect shareholder of car manufacturers and the direct major shareholder of their Tudli companies, and it does not seem to be interested in handing over its management seat. Unless he is going to pocket the money from the sale and handing over the shares to Lataif al-Haili and keep his management seat!

Saturday stock market forecast

It seems that according to the automotive news, this group will be of interest to the shareholders on Saturday. In the meantime, due to the government’s withdrawal from the decision to increase the gas feed rate, petrochemicals will continue to be the place of investors’ transactions. However, we have to wait and see if the government will surprise the stock market again on the first day of the second week of September or if it has given up on this market!

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