The embargo reddened the stock market

According to Tejarat News; Exchange Tehran started the new week with a downward trend in a situation where most experts expected the index to fall due to the new sanctions.

Tehran Stock Exchange today, Saturday, June 19, 1401 with a significant drop Overall Index Was accompanied. Stock market trading ended with the overall index falling more than 16,000 units. This decrease of more than one percent, caused the total index to stabilize in the range of one million and 547 thousand units.

The homogeneous index also fell sharply. The drop of 3751 units of the homogeneous index caused the stock exchange boards to register 425 thousand units for this index. The value of transactions could not provide encouragement to shareholders and remained in the range of four thousand billion tomans.

The shares of Nouri, Midco, Shasta, Famli and Parsan had the greatest impact on the index. The five indexing stocks that were mentioned paved the way for the stock market taboos to blush.

What was the cause of the drop in the stock index?

The Tehran Stock Exchange started the new week with the United States imposing new sanctions on several petrochemical companies last week, and the stock market was also affected. Looking at the list of influential shares in Khordat, a drop of more than one percent in the market indicates the impact of the new sanctions on the trend. Exchange Is.

Although many experts predicted this, some believed that the negative effects of sanctions on capital market trends had ended. But most analysts who have predicted a bad day for the market believe that the psychological effects of petrochemical sanctions far outweigh the practical effects.

But some also believe that recent developments in the foreign exchange market have not been ineffective in reducing the stock market index today. Some shareholders also believe that the government’s repeated manipulations in various areas, including the car and the foreign exchange market, caused the overall index to fall.