The analysis of the weekly trend of the stock market/outflow of liquidity from the market continues
According to Tejarat News, this week the total stock market index dropped by 1.28% and reached the level of 1,471,000 units. The total equal weight index also experienced a one percent drop this week.
In the last week, the most profitable industries were wood products with a growth of 2.5%, followed by oil products with a growth of 2.3%.
The best industries of the week can be considered as wood products industry with 7.16% efficiency and pharmaceuticals with 3.49% efficiency. Also, fixed income funds had the highest amount of money inflow.
The important point here is that this week we have sold approximately 17 billion tomans worth of bonds in the capital market.
How much was the value of stock market transactions?
The value of transactions in this working week was equal to 4561 billion tomans on Saturday, 3977 billion tomans on Sunday, 3213 billion tomans on Tuesday, and 3573 billion tomans on Wednesday, which was a total of 15,324 billion worth of transactions this week.
Also, we saw 415 billion on Saturday, 374 billion on Sunday, and 312 billion on Tuesday. On Wednesday, the market experienced an inflow of 197 billion tomans of real people’s money, and a total of 904 billion tomans of real people’s money went out of the market. (Reporters’ Club)
The reason for this market trend is also the hot discussion of the transfer of the automobile block, the stoppage of the decline in the global markets, the increase in the interbank interest rate (which caused a terrible recession in the market), the publication of extraordinary reports from the refining group, the increase in the rate in the pharmaceutical group and its effect on the profitability of companies. And finally, the visit of the President of Russia and Turkey and the talk about the withdrawal of the dollar from the exchanges were all among the factors affecting the market trend last week.
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