The end of the green cover of stock market transactions/ JCPOA gave life to stock market transactions?
According to Tejarat News, the total index of the Tehran Stock Exchange experienced an upward trend today, unlike in recent days. Today, Saturday, August 15, the stock market experienced an increase of 11,565 units, equivalent to 0.8%, and reached the level of 1,448,000 units. The total OTC index reached 19 thousand points with an increase of 188 points.
Also, the total weighted index grew by 6,888 units equal to 1.6% and reached the range of 390,000 units. Today, the symbols of Shabandar, Shepna, Shabriz and Shetran had a negative effect on the total index. On the other hand, the symbols of Famli, Velmet, Shasta, Shepdis, Khodro and Hekhshti had a positive effect on the total index of the stock market.
Positive signal of negotiations to the stock market
It was on August 12 that Bagheri Keni, Iran’s chief negotiator, left for Vienna, and in three days, various meetings were held. This trip and negotiations are a very positive signal for the stock market, and according to experts, the growth of transactions today is due to this issue.
Of course, contradictory news is also heard from Vienna by different media. According to media reports, it seems that two principles are necessary for the success of the Vienna negotiations. First, the effectiveness and sustainability of lifting sanctions. Second, the issue should not remain as a pressure lever to be used against Iran in the future.
Despite this issue, hopes for the agreement have increased and experts believe that the stock market can grow due to the signal of the negotiations. Due to this signal, the symbols of automotive, banking and marine transportation groups faced an increase in demand today.
Negative signal to oil products
The group of petroleum products had a downward trend today, and experts believe that this issue can be caused by the drop in oil prices. The Brent oil trading price increased by 80 cents and closed at 94 dollars and 92 cents per barrel, which was 11% lower than the final price of the previous week.