Stock market forecast Saturday 26 April 1402 / capital market without a leader on the way up! – Tejarat News

According to Tejarat News, if we want to have a look at the market last week, we can say that there have been interesting events in the market in the last 4 trading days. The most important of which was the record breaking value of transactions in two consecutive days. The value of transactions in the channel was 10 thousand billion tomans, reached 20 thousand billion tomans on the trading day of the week, and the 27-month record of the value of market transactions was broken.

After the good growth of the market in the first weeks of the new year, at the beginning of the trading week, investors and traders expected a correction from the market. Because of this, a large number of people tried to identify the sale.

The interesting thing that we saw in the trading board was that the market side faced stronger buyers than sellers. This incident caused the market correction not to reach the level that the experts had considered for the completion of the correction and very soon the market conditions will be on the upward trend again.

In general, the value of transactions at this level and the type of transactions currently in the market show that the capital market is still considered as a main investment target, and also due to the two-year delay compared to inflation, it seems that it can be the first option for smart money. Of course, provided that something negative does not happen in influential areas such as the stock market.

Regarding the automobile group, after the approved prices were announced by the competition council with an amendment, the modification of the symbols of this power group did not continue. On the other hand, it can be said that the increase in car prices was expected by the market.

Therefore, the news of the car price increase did not have much impact on the market because the rumors of the price increase were complicated in the market for days. In this regard, there is a famous saying among stock market traders that they say: “Buy with rumours, sell with news!”.

Leader-oriented capital market?

The good thing that prevails in this upward wave of the market is that the market does not have a leader! Liquidity that has entered the market during positive market weeks is being rotated between various industries.

For some reasons, including the company’s profitability perspective, or in some cases, for speculative purposes and other items, money has entered various companies and industries. The automobile industry is no exception to this rule.

On the last day of trading, some of the stocks of this group ended their trading flow with buying queues, and the two big symbols of the market, Khodro and Khasapa, were traded well, but they are not the market leaders at the moment.

Leader-oriented stands out in a market where not much money has entered the market yet. But in such a situation, where the flow of capital entering and leaving the stock market is heavy towards the flow of money, the market leaves the leader-centered direction and leads to the circulation of money and the flow of liquidity between various industries.

Stock forecast

The words of Khandozi, the minister and spokesperson of the country’s economy, that there is no bubble in the stock market at the moment, on the one hand, as an official figure, is positive, but at the same time, it is reminiscent of similar words in 1999, when officials and officials made similar interventions.

At that time, it was stated by government officials that the market does not have a bubble. Maybe the market did not have a bubble, but in any case, it suffered an erosion. Therefore, it is recommended that people buy and sell stocks with their own analysis.

In relation to the forecast of the stock exchange, it seems that the trading flow of the coming week will be witnessed by stocks changing hands, and under the condition of the stability of global markets and commodity prices, after the first day or two of the week, the upward trend of the market will continue.

But the point that needs attention is that every stock may not move with the market and the path of potential stocks is separated from stocks without proper foundation.

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