Stock market forecast on Saturday, October 22, 1402 / The color and smell of calmness in the stock market – Tejaratnews
According to Tejarat News, the emotional sales of people in the capital market, especially in the early days of the last trading week, made a red-hot weekly candle for the indicators of the glass hall. On Sunday, one of the heaviest falls in recent times was recorded in the stock market, and the index was on the verge of losing its support barrier of two million units.
However, as the middle of the week passed, the sense of balance returned to the stock market as the excitement caused by the regional tensions between Hamas and Israel gradually subsided. Therefore, the index regained part of its lost height, and in the last three trading days of the week, the green color was recorded in the index chart of the Tehran Stock Exchange.
The performance of the glass hall displays
At the end of trading on Wednesday, the main thermometer of the glass hall stood at two million and 19 thousand with a small growth of 0.28%, equivalent to five thousand and 645 units of the height of this index.
The increase in the height of the main indicator of the glass hall happened while the equal weight index, which shows the general price trend of all small and medium-sized companies, recorded a parallel but stronger performance and reached a height of 690,000 units with a growth of 4,438 units.
The overall OTC index, which reflects the general level of stock prices of companies present in the OTC, stood at the level of 25,249 units, with a growth of 0.42 percent, equivalent to 105.83 points from the height of this index.
During trading on Wednesday, the status of the total index and equal weight did not have a significant and special difference from each other; But the balance index can react sooner. Due to the positive movements in some individual stocks, it is likely that the increase in demand for medium and small stocks will be higher in the third decade of October.
Tehran Stock Exchange in the mirror of statistics
The board of the Tehran Stock Exchange showed the value of small transactions (shares, preemptive rights and mutual funds) on Wednesday, 3,294 billion tomans. Placing the transaction value in the channel of three thousand billion tomans is not enough to increase the market dynamics.
However, the value of small market transactions was acceptable in the early days of the week. With the increase in demand for single shares based on revaluation and performance reports, along with the return of balance to the market with the reduction of war fever, we saw green color in the market map of the last three days.
The board of Tehran Stock Exchange shows the trading volume of 5.6 billion shares on Wednesday. Experts believe that the more the trading volume reaches higher levels in the current ranges of the total index, the clearer the vision of the new wave of the total index will be drawn in the minds of the shareholders. Because the entry of fresh shareholders makes the way up smoother.
Saturday stock market forecast
The stock market has always been exposed to a lot of systematic risks, including spur-of-the-moment decisions by policymakers, such as those that stopped the positive trend of the market in the past several months. Another risk that casts a shadow on the glass hall is military tensions. As political tensions rise, smart money is quickly fleeing the risky stock market to income funds and bank deposits.
However, experts believe that after the initial excitement of the beginning of the conflict between Hamas and Israel, if no new threat enters into the uncertainties of investors’ calculations, it seems that the Tehran Stock Exchange will take the path of balance until the result of the inflammation and its impact on the currency market is determined. .
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