Stock market forecast Sunday March 21, 1401 / Appearance of agreements in the capital market
According to Tejarat News, stock market transactions on Saturday took place while the total index experienced a slight drop. Accordingly, the main index of the glass hall faced a drop of 862 units, which is equivalent to 0.05% of this index, and ended at a height of 1,816,000 units.
But the equal-weighted total index behaved contrary to the total index and reached the level of 549,264 units with an increase of 0.7 percent.
Also, the board of the Tehran Stock Exchange shows the volume of transactions on Saturday at 16.660 billion and the value of the transactions at 7.531 billion tomans.
At the same time, the investigation of the ownership statistics of real people indicates the withdrawal of real people’s capital from the stock market. The capital inflow and outflow index at the end of Saturday’s stock exchange reports that 535 billion tomans worth of money was withdrawn from the stock market.
The role of increasing hopes for the revival of JCPOA in capital market transactions
The mood of trading on Saturday March 20 in the capital market was completely different from the previous days. With the increasing hope of economic activists regarding the revival of the JCPOA, the so-called JCPOA groups faced the luck of the stock exchanges, and on the other hand, with expectations of a decrease in the exchange rate, we saw selling pressure in the dollar groups of the market, such as petrochemicals and basic metals.
Because of this, the color of the trading board was different in the total index and market balance index sections.
On the other hand, the Secretary General of the Iran-Iraq Joint Chamber of Commerce has also stated that the United States has issued permission to release 500 million dollars of Iran’s blocked money in Iraq and that Iraq will pay this amount to Iran by next week. With the release of this news, the dollar will drop further. experienced
At the same time, the situation of another variable influencing the capital market is also significant; The interbank interest rate experienced a relative increase last weekend and is currently around 23.14%.
The lead of the stock market in the coming year?
Economic experts believe that some trust-building policies from the government and parliament can change the year 1402 to the year of winning the stock market over other markets. For example, solving the problems of mandatory pricing, abandoning the policy of selling expensive energy to companies and staying away from policies that destroy trust can make the stock market a destination for large and small capitals.
Although such an expectation from decision-making elements is generally considered a very high expectation, but in the event of such decisions, a part of the demand in consumer goods and currency, which is caused by hot money, will probably be removed and transferred to the transparent investment market.
Sunday stock forecast
The waiting phase in Tehran Stock Exchange will continue until the equilibrium rate is discovered in the foreign exchange market; Because in today’s transactions, excitement and ambiguity in decisions were clear. So that in the first half hour of trading, the total index took a step up to eight thousand positive points, but the supply pressure again led it to the zero range of the board.
The flow of transactions on Sunday March 21, with the continuation of the downward trend of the dollar, can be followed by demand in banking and automobile groups, and on the other hand, the emergence of sellers in groups such as basic metals and petrochemicals will not be far from expected.
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