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The end of the stock market today, July 5, 1402 / The stock market’s struggle for stability in the green range


According to Tejarat News, today the Tehran Stock Exchange was affected by the return of the dollar rate of petroleum products to 28,500 Tomans; In this way, petrochemical symbols became negative and decreased the growth rate of the total index.

While it was announced that the dollar price of special oil products will be calculated from now on based on the remittance rate of the exchange center and within the range of 38 thousand tomans, today it was reported that this decision has been canceled and the dollar price of the products will be reduced to 28 thousand and 500 tomans. has returned

It seems that this decision was canceled due to the pressure of the bitumen industry activists, because as soon as the news of the increase in the dollar price of the products was announced, the bitumen association demanded in a letter to return the price to 28,500 tomans. Analysts describe this price as rent-seeking and in conflict with the interests of oil products group companies and their shareholders.

The performance of stock market indices

Anyway, at the end of today’s trading, the Tehran Stock Exchange witnessed a growth of 6,525 points in the total index and reached 2,196,000 points with an increase of 0.30%.

At the same time, the equal weight index also increased by 5,942 units and stood at 756,000 units with a growth of 0.79%.

The total OTC index was down today and stabilized at the level of 28,000 units with a drop of 18 points.

Value and volume of transactions

Today, the stock market witnessed the trading of 11 billion and 200 million shares. The value of stock transactions, stock funds and pre-emptive rights also reached 6,755 billion tomans, which still indicates the stagnation of the stock market.

At the same time, the balance of real money was negative today, and accordingly another 236 billion Tomans were withdrawn from the stock market.

Read more reports on the stock news page.

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