bourseEconomicalEconomicalbourse

The cold summer of the stock market/stock market indices fell back! – Tejarat News


According to Tejarat News, in the last 6 months, several news have affected the trading process of the Glass Hall. From the approval of the rate of 7000 Tomans for feed to refineries on May 17, which caused the withdrawal of large sums of money from petrochemical shares, to the approval of the formulation of the feed rate, all of them changed the course of the stock market indices at once. This was while Economy Minister Ehsan Khandozi believes that the government has always avoided decisions that bring uncertainty to the stock market.

6-month path of the stock market

The following chart shows the fluctuations of the total index in the period of 6 months of the second 1402. As it is clear in the chart, the stock market at the beginning of the year continued its upward trend at the end of last year and defined a new ceiling for both total and equal weight indices.

But these two ceilings were not faithful for the stock market indices and were quickly lost. A look at the chart of the total index shows that the main index of the market increased by about 8.2% during these 6 months and reached 1 million 960 thousand units to 1 million 121 thousand units at the end of today’s stock exchange.

Equal weight index

Of course, the representative of small companies in the capital market grew by more than 23% in the last 6 months and reached 721 thousand units at the end of today’s stock market i.e. 29 September 1402.

All this while the free market dollar has grown by four percent during this period. Therefore, it should be said that in the last 6 months, the stock market has been victorious in the field of financial markets and has stolen the lead from its competitors.

End of summer 1402

But in the summer of 1402, the situation was a little different. Because in this period of time, the total index not only failed to increase, but also faced a decrease of 2.43% and reached two million and 173 thousand units at the end of spring to two million and 121 thousand units at the end of summer.

The equal weight index was also downward in the summer and decreased by 3.27% in three months. In the same way, the representative of small and medium companies in the capital market increased from 746 thousand units to 721 thousand units.

Read more reports on the capital market page.

Leave a Reply

Back to top button