Stock market forecast Wednesday 10 June 1402 / Unwinnable fight between buyers and sellers

According to Tejarat News, the green view of the stock market map at the end of the trading flow on Tuesday is a reminder of the good days of April and the first half of May this year. However, the value of the transactions has decreased significantly compared to the mentioned time frame, and this factor makes the people of the capital market still have doubts about entering the stocks they want.

After the excitement at the beginning of the week, which was caused by the tensions on the eastern borders of the country with Afghanistan, it seems that with the subsidence of the negative emotions, the capital market has taken on the color and smell of logic.

Now, by looking at the market map and the trend of the stock exchange, it is clear that the capital market is still at the crossroads of rising and falling and is still going to crash. On Tuesday, the main indicator of the stock market increased by 13 thousand and 43 units equal to 0.57%.

Finally, the total index of the Tehran Stock Exchange ended its work at a height of two million and 288 thousand units during Tuesday’s trading. The equal weight index also decreased by 10,884 units following the total index. In this way, the representative of small and medium-sized companies in the market reached the level of 773 thousand and 893 units with a growth of 1.43 percent.

Falling value of transactions below 10 Hamat

A look at the statistics and figures of the stock market shows that during Tuesday’s stock market trading, 14.77 billion shares changed hands, and this process resulted in a transaction value of 8885 billion tomans.

Investigating the ownership statistics of real people also indicates the entry of real capital into the stock market. In this way, the capital inflow and outflow index at the end of the stock exchange on Tuesday, reports the entry of 61 billion tomans of money into the stock exchange.

Examining these numbers shows that the bottom of the bullish scale of the stock market is still lighter. It should be noted that in order to start its upward trend, the stock market needs to regain the trust of real people and increase the value of transactions, which is currently not seen in the stock market.

The floor equals the balance of buyers and sellers of shares

In Tehran Stock Exchange, since the season of company assemblies, it has always been mentioned as an encouraging point on the demand side. While selling fever rises from time to time in the stock market due to negative news, long-term investors look at the quarterly and annual reports of companies. The P/E adjustment of companies, which is likely to come with the release of their reports, is the main attraction of the stock market for investors at this time of the year.

On the other hand, the chronic disease of inflation in the heart of the country’s economy, as one of the reasons that caused a change in the trend after two and a half years of the historic fall of the stock market, there is still no shortage in the economy and it has even started an increasing trend. In the meantime, the stock market lags behind parallel markets and is considered a reliable destination for preserving the capital value of real people. Therefore, buyers have their own logical reasons for entering the stock market.

On the other hand, political risks have created uncertainties in the minds of some people in the capital market, who cannot ignore them and start buying stocks. The Sultan of Oman’s visit to the country, strengthening the possibility of revitalizing the JCPOA, did not go well with stock market traders.

In this regard, it should be noted that the revival of the JCPOA can lead to a decrease in inflationary expectations due to the drop in the dollar rate and the possibility of a drop in the price of the dollar always puts fear in the hearts of the stock markets, but diplomatic agreements can take a heavy burden off the shoulders of the country’s economy. take away

Decreasing this pressure is definitely beneficial to the capital market in the medium and long term by reducing the budget deficit, reducing the pressure of the lack of parts or the old technology of the companies’ production devices, which has led to their much lower efficiency in production.

Therefore, any of the upcoming scenarios regarding the country’s political events cannot put the stock market in a severe downward trend, and the stock market will return to its upward trend after passing the correction period.

Wednesday stock forecast

Tuesday’s trading process started with a good demand flow. In the second half of trading, none of the two groups of buyers and sellers could overcome the other. Experts believe that the stock market on the last day of the week will be accompanied by more fluctuations in index-making stocks.

To return to the upward trend, however, we still have to wait for the trading value indicator. When the transaction value is in an upward channel, it can be expected that the indices of the glass hall will take a positive trend as new shareholders enter the market.

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