The highest and lowest yields of stock market symbols / the fourth week of June is bearish – Tejaratnews

According to Tejarat News, the analysis of the transactions of the fourth week of June shows that, like last week, Valmas is still the flagship of the positive side of the stock market. Because with a growth of 27% during this week, the market reached the price of 330 Tomans. Of course, it should be noted that this share is currently trading above its NAV. Ghagolpa and Washehr also grew by 26% during this week and reached the levels of 6070 and 1458 Tomans. Also, the resistance levels of 6693 and 1503 are considered the most important dams facing Ghagolpa and Washehr, respectively.

On the other hand, Volbehman became the leader of the stock market’s bottom dwellers. So that this share had a 27% decrease in price during this market week and recorded 387 Tomans on the board. Volbehman’s technical analysis shows that the support of 350 Tomans is the most important level that can prevent the share from continuing to fall.

Stock market for the fourth week of June at a glance

The drop of the dollar below the channel of 50 thousand tomans on the 17th of June caused a heavy drop in the stock market on the 20th of June. So that the total index decreased by 3.21% on the first trading day of this week following the fall of the dollar.

During the past week, the stock market, like other parallel markets, had its eye on the dollar, to the extent that with every positive news related to the JCPOA, the price of the dollar decreased, and after that, the stock market indicators also turned negative.

In the rest of the week, however, the dollar approached the channel of 50 thousand tomans and this caused the relative increase of the total index.

In general, we can say that as long as the growth and decline of the capital market depends on the behavior of the dollar, the movements of the stock market will continue to be nominal and the value of listed companies will not increase in real terms.