Stock market performance in August 1402 / 2.2% backwardation of the stock market index – Tejaratnews

According to Tejarat News, Tehran Stock Exchange passed the last trading day of August 1402. The total index ended the fifth month of the year by stopping at the station of 1,938,000 units.

The month of August started with the hope of the people of the stock market for the performance report of the companies. For this reason, the experts predicted from the middle of July this year that the next wave of the glass hall’s indexers will be launched in August.

Performance reports for the quarter ending in June 1402 of the listed companies, which were in the system at the beginning of August. Kodal was published, it indicated that most of the industries were faced with the jump in profit making of the companies.

With the beginning of August, the criticism of the feed rate increase increased. Therefore, the market had a positive interpretation of the parliament’s protest against the government and found a chance to breathe. However, on the one hand, the actions of the parliament did not lead to any practical results, and on the other hand, the dark shadow of negative news on the market, including baseless rumors such as the suspension of the activity of the commodity exchange, did not allow the growth of the indexers of the glass hall.

What the majority of experts agree on regarding the state of the capital market these days is the price take stock It has reached appreciable limits. But the point that is less paid attention to is that the value of prices does not necessarily mean the start of an upward trend. Because changing the trend requires more factors. Inflow of money is the most important factor. When there is no money in a market, there will be no upward movement.

The flow of real money in the stock market will be positive only when the investment security index is evaluated high. Currently, successive bitter experiences of ill-considered and unexpected decisions have sent a lot of mistrust to the market.

Efficiency of glass hall detectors

The total index experienced many ups and downs in August. While the short period of August 9 to 16, a good growth happened for this index, the next days all this growth was withdrawn from the total index. Finally, the total index of the Tehran Stock Exchange, with a negative yield of 2.22%, made the shareholders’ portfolios smaller.

On the other hand, the balanced indicator shows a more realistic view of what happened to stock companies in August. At the end of the fifth month of the year, this index experienced a decrease of 36,720 units, equivalent to 5.25%.

Statistics and figures of Tehran Stock Exchange in August

A look at the history of transaction value shows that downward trends have a direct relationship with the decline in transaction value. Right from the middle of May, when the downward trend of the Tehran Stock Exchange began, the value of transactions moved away from the ceiling of 25 thousand billion Tomans on May 16, and finally, today, August 31, this indicator of stock exchange status was in the range of 3,500 billion Tomans. In the following, the fluctuation of the value of transactions in August is clear in the graph.

At the same time, the value of the transactions in the middle of August, under the influence of the positive view of the market regarding the possibility of amending the approval of the feed rate of petrochemicals, went up to the limits of 6,500 billion tomans.

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