Stock market profit for long-term investment / Which symbols will grow in the coming days?
According to Tejarat News, the total stock index this week remained in the range of 1.2 million. Experts say that liquidity is the most important need of the market.
The homogeneous index reached the range of 325,283 units. Traders also made 296,593 transactions worth 24,620 billion tomans in the capital market.
On Wednesday, the OTC index fell by one unit to the range of 17,528 units. The number of OTC transactions also reached 715,719.
In an interview with Tejarat News, Amir Topchipour says about the trend of stock exchange transactions in the past few days: “The capital market was completely undecided this week and the overall index also experienced a balanced trend.” Lack of liquidity is still clearly seen in the market, which was accompanied by a decrease in the value of transactions. The liquidity in the market is not able to create an upward trend in the totality of the symbols and we are only witnessing the growth of some single shares.
He explains: “In the market as a whole, there is no positive development, and issues such as the uncertainty of the negotiation task have left the future of the stock market in an aura of ambiguity.” Rial groups on the one hand and dollar groups on the other are waiting to clear up the ambiguities.
The capital market expert continues: “Despite the positive news of Borjami in recent days, it was predicted that the automobile and banking groups would have a positive reaction to this news, which did not happen.” The market is still cold, lifeless and in need of new liquidity.
Lack of reaction of the stock exchange to the news
“This week, too, the major market symbols, including steel and the family, were under legal control and did not experience much growth or decline,” said Topchipour. This also happened in symbols such as Shepna, and the chart of the total index or some of the index-making symbols, such as a straight line, indicates that the market is suffering. It seems that if the stockholder has not looked at the market situation in the past few days, he has not lost anything special.
He continued: “It was predicted that the refining group would react positively to the increase in oil prices in the past few days, which did not happen.” The symbols of this group, like the other groups, were traded in the zero range of the board. However, in groups such as refining and automotive, it seems that quiet purchases are made.
“As much as the stock market is under control at the moment, it can certainly have higher goals in the medium and long term,” he said. If shareholders do not need the money, keeping stocks at this point in the medium to long term seems to be the best strategy possible.