The beginning of the debate between capital market instruments and small symbols / oil prices has come to the aid of the Tehran Stock Exchange?

According to the economic correspondent of Fars News Agency, the capital market has always been involved in various dilemmas. One day we were involved in the dual of big and small symbols, one day we were involved in the dual of dollar and rial shares, and today we were again involved in the dual of index instruments and other symbols.

Indicator symbols On a day when many other stocks are red for various reasons, the green index of the stock market turns green and gives a breath to the successive falls of the stock market.

Today, the capital market seems to be involved in this dilemma, and while the overall stock market index has grown, the homogeneous total index, which is a better measure of the growth or decline of the capital market, has declined.

The actions of companies have no effect on the capital market

Traders started trading in the market today in a situation where in the previous 5 days, the total index fell by about 60,000 units and the outflow of money was approaching its twentieth day. Breaking the last resistance in the limited range of 1.3 million units in the recent trading days is considered to be the worst possible event for small shareholders.

But in this situation, the capital market and law firms decided to enter at once to sum up the downward trend of the market, but this entry, like all their previous actions, is a major indicator of the capital market and will not have much impact on the capital market as a whole.

In other words, the entry of law firms to support the market has been repeated many times in the last 18 months, when the capital market has collapsed, and to no avail. The reason for this ineffectiveness is the lack of continuity of these protections and small shareholders do not trust the actions of law firms.

Today, most refining symbols were rising in price, with Petroleum Products, Coke and Nuclear Fuel being the greenest group on the market. The rise in oil prices seems to be the main reason for the rise in the stock prices of refining companies. Yesterday, world oil prices reached the highest level in the last 7 years.

Total index growth and homogeneous total index decline

In Wednesday’s trading, the total stock index rose by 3,539 units and the downward trend of the Tehran Stock Exchange index stopped after 5 days. The total index of the stock exchange reached 1,279,505 units at the end of today’s trading.

But the total weighted index decreased by 386 units and stood at 335 thousand 643 units. Also, the total OTC index went down 12 units and was at the level of 17 thousand 642 units.

65% reduction in the departure of real shareholders

Today, for the twentieth consecutive day, the net value of the change of legal ownership to the real market became negative and 243 billion tomans of real money left the stock exchange. The outflow of real money has decreased by 65% ​​compared to yesterday’s transactions.

In Wednesday’s trading, the largest outflows of real money belonged to family stocks (National Iranian Copper Industries Company), Tusan (Negin Software System Development Company) and Verdesh (Tourism Bank), but on the other side of the market, the symbols of Dafarah, Vahafez and Zogoldasht. They had the most real money.

Decrease in the value of retail transactions and growth in the value of total transactions

Today, the value of total stock market transactions increased to 6 thousand and 231 billion tomans, which has recorded a growth of 44% compared to yesterday’s transactions. The value of bond transactions in the secondary market was 2,069 billion tomans, which is 34% of the total value of capital market transactions.

The value of small stock transactions decreased by 13% compared to the previous day and reached 2,237 billion tomans, which constitutes 41% of the total secondary market transactions.

367% growth in shopping queues

At the end of trading on Wednesday, there were 175 symbols of price growth, of which 124 were stock symbols and 51 were OTC symbols. The number of symbols that were finally in the purchase queue was 30 symbols.

The value of shopping queues also increased by 367 percent compared to the end of the previous working day and stood at 70 billion tomans. That is, 37% of the symbols present in the market today faced price growth.

Today, the symbols of Shatran (Tehran Oil Refining Company), Hijrat (Hijrat Distribution Company) and Shavan (Lavan Oil Refining Company) had the largest buying queue.

63% reduction in sales queues

At the end of trading on Wednesday, 288 symbols had a price reduction, of which 201 were stock exchange symbols and 87 were OTC symbols. The number of symbols in the sales queue at the end of today’s trading was 47 symbols.

At the end of Wednesday trading, the value of the final sales queues of the market decreased by 63% compared to Tuesday and reached 117 billion Tomans. That is, 57% of the market had a drop in prices.

Most of the sales queues belong to the symbols of Ghadasht (Dasht Murghab Company), Veskhoz (Investment Company of Khuzestan Province) and Vesarzavi (Justice Stock Investment Company of Khorasan Razavi Province).

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