The green comeback of the stock market / did the decrease in interbank interest give hope to the shareholders?

According to Tejarat News, today and at the end of the stock market trading on August 5, 1401, the total index finally ended its downward trend. The index, which had a downward trend since the beginning of the week, at the end of today’s trading, increased by 5,264 units, equivalent to 0.4%. In this way, the index ended the first week of August at the level of one million and 443 units and welcomed the holidays.
In today’s trading, the balanced index also moved in the same direction as the total index and recorded a growth of 0.3%. Therefore, the balanced index settled at the level of 389,473 units.
The driving force behind today’s stock market rise was the green covering of metal, petrochemical and refining symbols. So that the symbols of Foulad, Nouri, Fars, Femli, Tipico and Shepna left the most positive impact on the growth of the index.
The stock market is still in recession
Despite the growth of the index, the value of today’s transactions decreased by 500 billion tomans compared to the previous day and reached two thousand billion tomans. Also, the stock market realists withdrew about 125 billion Tomans from the market.
It seems that the main condition for the continued rise of the stock market is the reconciliation of the people of the market, especially the real ones, with the stock market. In this way, the growth of the value of transactions and the return of real money can give shareholders hope for the improvement of the situation.
Psychological effects of interbank interest rate reduction
It seems that the growth of the stock market today is due to the meeting of the head of the central bank and the head of the stock exchange organization yesterday. The result of the meeting was the decision of the government and the central bank to control the interbank interest rate.
According to many experts, the major part of the impact of this decision on the market is its psychological effects on shareholders. The greening of the market today also confirms this statement of the experts. Now we have to wait and see if the psychological effect of the interbank interest rate reduction is stable or not and how long will it keep the market green?