The highest and lowest yield of stock symbols / which shares won the market rally?
According to Tejarat News, the review of the transactions of the second week of August 1402 shows that the stock market indices were accompanied by a sharp decline at the beginning of the week. Gradually, with the start of trading on Monday, the supply fever decreased and the indicators gradually increased. In this way, the result of the four-day trading this week was a 0.34% drop in the total index and a 0.75% drop in the equal weight index.
Review of trading in the second week of August shows that the total index tried to maintain its weekly candle height in four trading days. So that with every strong rise, it compensated for its strong fall. But it is also necessary to mention that the rise of the last trading day of the capital market was due to the growth of the dollar. In this way, production and sales indicators or fundamental elements had no effect on the growth of the stock market.
It must be said that as long as the only driver of the stock market is the fluctuations of Ferdowsi Square, the current situation will continue and any rise or fall is only a short-term movement. To prove this point, just looking at the Kodal site is enough. Last spring, most of the listed companies published good reports. But the capital market not only did not pay attention to it, but considered the increase in profitability as negative news!
The highest and lowest efficiency
A look at the transactions of the second week of August shows that the shares of the value-creating investment company “Wafer” with a growth of 39% in one week gained the highest yield of the week and reached the level of 3,385 tomans. The technical analysis of the share shows that the most important static resistance in front of the share is the level of 3,540 Tomans. Therefore, the share is currently in an important technical position. It should be seen whether this resistance will be broken or not.
Sesefha and Saqain were the two other high-yielding shares of the capital market this week, each of which became more expensive by 29 and 26 percent, respectively.
On the other hand, Flauleh fell by 20% to 422 Tomans and showed the worst performance among competitors. The technical analysis of the share indicates that the current price of Floleh is close to the support line and if the value of transactions and demand increases, support for this share is not far from expected.
Vepakhsh and Varazi were two other symbols that lagged behind the stock market rally. So that each of them got closer to their support levels with a 15% and 13% decline.
Read more reports on the capital market page.