Stock market forecast Wednesday, April 16, 1401 / Will Khodro Group be the market leader?

According to Tejarat News, Tuesday’s stock market transactions took place while the overall index moved in line with Monday’s trend; Accordingly, the main index of the glass hall faced an increase of 29,159 units, which is equivalent to 1.4% of this index, and ended its work at a height of 2,119,000 units. In this way, the total index was higher than the summer level of 1999, which was the highest level in the history of the Tehran Stock Exchange.

Also, at the end of trading on Tuesday, the equal-weighted total index behaved in line with the total index and reached the level of 637,744 units with an increase of 1.1 percent.

Record the second record value of small transactions since the beginning of 1401

The board of the Tehran Stock Exchange shows the volume of transactions on Tuesday at 24 billion and 330 million. Also, the value of small transactions (stocks + mutual funds) in the market was 14,230 billion tomans.

The upward trend of trading value continues and the record was recorded on Tuesday, while the same record was recorded on Monday during stock market trading. This record was broken again with the growth of nearly one thousand billion in the value of transactions compared to the Monday market.

Statistically, this amount of the value of transactions after March 7, 1401, is at the top of the value of transactions compared to all the trading days of last year.

Investigating the ownership statistics of real people indicates the entry of real capital into the stock market. The index of capital inflows and outflows at the end of the stock exchange on Tuesday reports the outflow of 380 billion tomans of money to the stock exchange.

Variables affecting the continuation of the upward trend of the Tehran Stock Exchange

The continuation of the growth trend of the current index and the market trend in 1402 naturally depends on the variables and factors affecting the market.

One of the most important components is the exchange rate. What will happen to the price of the American bill in the coming days and weeks? Will there be a nuclear agreement? Will the central bank be successful in controlling the growing trend of the exchange rate? These are questions whose answers will affect the capital market.

But apart from that, according to the relatively good growth that the capital market had in the last days of last year and also the Nowruz holidays, analysis and expectations of experts, stock market indicators need a partial rest.

As for the medium-term trend of the market, market analysts consider the continuation of the upward trend. Because the capital market and stock price are currently the cheapest assets available to investors. Assets in parallel markets such as real estate, cars, and gold have grown a lot, and the stock market, despite its growth in the second half of 1401, is still relatively behind other markets.

Wednesday stock forecast

Finally, after many negotiations, today the permission to increase the car price was approved in the competition council meeting.

Also, the Competition Council made an ambiguous statement about the increase in car prices: In today’s council meeting, the increase in the prices of domestic cars was determined. Some cars have a price increase of less than 30%, and some will have a very small price increase; Of course, the price increase of several cars is more than 70%.

In fact, the exact and specific increase of each car is not yet known, however, this news will have a direct positive effect on the car group’s transactions during Wednesday’s trading. It can also be expected that the atmosphere resulting from the transactions of the automobile group will spread to other groups as well.

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