The highest and lowest yields of the symbols of the Stock Exchange/Wessid are still at the bottom – Tejaratnews
According to Tejarat News, a look at the value of stock exchange transactions in the last week of August shows that this figure has reached its 6-month low and is registering lower numbers day by day. On the other hand, the indicators of money inflow and outflow do not convey good news for the stock market. The situation is so dire that it seems that the capital market has become the only place for capital flight and the owners of capital and liquidity no longer consider this market suitable for investment.
Investigating the transactions of this week’s capital market shows the downward closing of the weekly candle of the total index. So that the total index decreased by 1.81% from the balance of one million and 973 thousand units to the level of one million and 946 thousand units. But the fall of the equal weight index was more severe, and this raised the issue of indexing again.
So that the equal weight index decreased by 3.12 percent last week and reached 667 thousand units from 684 thousand units. But the thing that disappointed the hopes from the stock market was the discussion of the low value of transactions. The same issue was discussed last week. But the further decline in the value of transactions this week brought the disappointment of the stock market’s return to its peak.
The highest and lowest efficiency
The review of this week’s market transactions shows that with the growth of the stock market indices on Wednesday, the intensity of the weekly negative fluctuation of shares has decreased. In this way, the intensity of the supply decreased a little and the fall of shares was not as severe as last week.
A look at the transactions of the last week of August 1402 indicates that “Nian” became the flagship of the high-yielding shares of the stock exchange with a growth of 17% and recorded a price of 13,830 tomans on the board. Nian Electronics Company, which recognized 599 Tomans profit in the last 12 months, calculated a P/E of 23.08, which is considered a high number.
The technical analysis of this share also shows that the nearest static resistance of the share is at the level of 16 thousand 33 Tomans and the nearest support station is located at the level of 12 thousand 564 Tomans.
But the shares of Sadid Industrial Group, which made a lot of noise last week, were named the lowest performing stock in the last week of August. So that in this week, about 14% of the price of Wasedid was reduced and the number of 334 Tomans was recorded on the trading board on Wednesday.
A look at the price chart of this share shows that the closest support for the share is in the range of 270 Tomans and it is unlikely that there will be any support for Wasedid until that range.
Finally, it should be said that despite the low value of the transactions this week, the deterioration of the yield situation of the negative shares has been reduced a little and if the transactions on Saturday also close on the upside, the weekly candle next week is likely to be bullish.
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