The end of the stock market today, July 31, 1402 / the support of 2 million units of the total index collapsed – Tejaratnews
According to Tejarat News, the thing that should be noted regarding the failure of the level of two million units of the total index is the psychological burden of this level for the people of the capital market. Because two million units have always been important for investors and the failure of this balance makes it somewhat difficult for the total index to return.
It is important to mention that the total index has returned to August 2019 with the failure of this support and registering a balance of 1,900,000 units. That is, when the price of the dollar was about 20 thousand tomans. This is despite the fact that now the price of the dollar in the open market is 48 thousand 700 tomans.
Today’s stock market at a glance
Today’s stock market transactions were also closed under the influence of feed price of seven thousand tomans; So that the main index of the glass hall faced a drop of 32 thousand and 381 units, which is equivalent to 1.65% of this index. Based on this, the total index stood at the level of 1 million and 983 thousand units at the end of today’s trading.
Of course, it should be noted that the shares of many companies that fluctuated on the negative side had nothing to do with the gas supply, and this selling pressure was only due to the fear of the capital market residents of the stock drop.
It should be mentioned that in the downward trends of the total index, usually the shareholders do not pay attention to the intrinsic value and technical position of their shares and only think about selling shares and exiting the capital market.
Also, the equal weight index behaved in line with the total index and reached the level of 699,935 units with a decrease of 1.77%. This balance of 700,000 units for the equal weight index is also significant in its own way. It should be seen in which direction the path of small companies in the market goes? If the equal weight index stabilizes below this level, we should wait for the continued decline of the shares of small companies.
It should be noted that the Tehran Stock Exchange board shows the volume of today’s transactions at 7.8 billion and the value of small transactions at 4.515 billion tomans. It should be noted that on this day 77 stock companies went to the assembly and the shares of these companies were banned. This greatly affected the value of transactions.
Entry and exit of real money
Investigating the ownership statistics of real people indicates the withdrawal of real people’s capital from the stock market. The index of capital inflow and outflow at the end of today’s stock exchange reports the outflow of 763 billion tomans from shares, preemptive rights and equity funds.
Stock market at the end of July
The analysis of the trend of the total index in July shows that the main index of the capital market decreased by more than 8.5% in this month and reached 1 million 983 thousand units from 2 million 173 thousand units.
The equal weight index also decreased by 6.19 percent during this period and recorded a balance of 699,936 units. The over-the-counter index has also decreased by about 6% during this period.
The highest transaction value
During today’s market trading, the three shares of Khazamiya, Khagstar and Farood recorded the highest value of transactions, and the shares of Shasta, Kerman and Petrol recorded the highest volume of transactions, respectively. Also, the share of Fars also got the highest market value.
Rishmak gained the highest yield of the day with an increase of seven percent. On the other hand, Shipdis recorded the worst performance with a 6.99% drop in today’s market.
Enter smart money
The highest net real purchase was also awarded to Pekarman, Hakhazar and Lepars shares. Also, the shares of Shegoya, Wasna and Packerman also received smart money during today’s trading. On the other hand, stock filters show that Shasta, Webmelet and Khagstar symbols had smart money exits.
It should be noted that the highest per capita actual purchases were made in the shares of Hakhazar, Pekarman and Sepid. Also, Shesina recorded the highest demand pressure during today’s trading. On the other hand, the highest supply pressure was also in the system symbol.
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