bourseEconomicalEconomicalbourse

Stock market forecast on Tuesday, March 16, 1401 / Will the commodity market charge the stock market?


According to Tejarat News, stock market transactions on Monday took place while the total index moved in the opposite direction of the previous day; Accordingly, the main index of the glass hall faced a drop of 10,170 units, which is equivalent to 0.57% of this index. In this way, the total index stood at the level of one million and 785 thousand units at the end of the day’s trading.

The total equal weight index took a step towards the reverse of the total index and reached the level of 538 thousand 397 units with an increase of 0.16 percent.

It should be mentioned that the board of Tehran Stock Exchange shows the volume of transactions on Monday at 11.650 billion and the value of transactions at 6.590 billion tomans.

Also, the investigation of the ownership statistics of real people indicates the withdrawal of real capital from the stock market. The capital inflow and outflow index at the end of Monday’s stock exchange reports the outflow of 320 billion tomans of money from the stock exchange.

The highest and lowest productivity of industries

At the end of Monday’s trading in the capital market, printing and publishing groups, other mines and cement groups gave the highest returns to their shareholders with 4.93%, 4.08% and 3.8% respectively.

Inflow and outflow of money by industries

Among the negative market on Monday, after the Cement Group with 103 billion Tomans, mass production accounted for the largest amount of money, amounting to 103 billion Tomans.

Also, on the other hand, petroleum products experienced the largest outflow of money among industries with 104 billion Tomans.

Money in and out

Stock forecast

The declining trend of the past two days, which flows from the joint statement of Iran and the Atomic Energy Organization, has caused the red color to host groups such as banks, oil products, basic metals and chemical products. Groups that are famous for being dollar in Tehran Stock Exchange.

For this reason, the groups that experienced a little stagnation during the growth of the beginning of March had very good transactions, and the groups related to construction, including bulk construction and cement, sweetened the palate of the shareholders of this group with positive returns.

During Monday’s trading, car makers and parts makers, in a joint letter to the head of the competition council, while presenting reasons regarding the lack of exclusivity of the passenger industry, demanded the sale of cars on the commodity exchange in a specific proposal.

Now we are looking at the competition council’s reaction to this proposal. Almost all stock market participants collectively agree on the potential of the automobile group to become a leader in the capital market. Therefore, the status of this group is very important for the whole market. It is obvious that if we agree to the proposal of car manufacturers, we will probably see the start of another upward rally in the symbols of this group.

In the end, to predict the stock market during trading on Tuesday, one should pay attention to the increase in demand in the last hour of the Monday market. Since the demand for some of the mentioned special groups is increasing, the Farda stock market seems to experience balanced and better conditions than the Dushanbe market.

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

Leave a Reply

Back to top button