The outlook of the stock market without an agreement / the economy is not tied to the JCPOA?
According to Tejarat News, the comments of Iranian and American officials in recent days gave the signal to the markets that the possibility of revitalizing the JCPOA is small and drawing Stock market outlook It also became more difficult than ever.
The total index of the stock market today, Saturday 12 September 1401, faced a predictable drop from the previous day. Being on the downward track, the index experienced a drop of 12,462 units and stabilized in the range of 1,426,000 units. The weight index also dropped significantly and according to the total index, it was in the range of 407,000 units.
The outlook of the stock market and the future of the nuclear deal
Statements from Iranian and Western officials were published yesterday, which greatly reduced hopes for the revival of the JCPOA. This happened in a situation where many analysts saw the chance of reviving the agreement at the highest level of negotiations in the last one year. Due to this issue and the disappointment of economic activists, the events that happened today in the currency and stock market were predicted since the previous day. At present, the uncertainties of the JCPOA have increased so much that it seems to be more difficult to draw the outlook of the stock market than ever before.
According to most experts, the situation we are witnessing in the Tehran Stock Exchange these days is caused by the erosion of JCPOA negotiations. The uncertainty of the outcome of the negotiations (apart from what the outcome is?) has caused the stock market and other domestic markets to experience chronic instability. In a way that analysts believe, the market is out of analytical conditions and is completely influenced by the emotional reactions of shareholders.
Now considering that the possibility of resuming the Vienna negotiations in the coming weeks has increased. Now it is expected that the JCPOA will remain at the top of the stock exchange risks and be recognized as the most important threat to the market. According to the experts, the negotiations that do not come to a conclusion before the start of the cold season in Europe are highly likely to fail.
On the other hand, analysts believe that as we get closer to the US mid-term elections, the motivation of the White House to revive the agreement will decrease. That being said, probably Stock market outlook It will also not be so clear for weeks and maybe even months to come. In other words, it can be said that the stock market is strongly tied to the JCPOA and this knot will not be untied except by determining the task of the negotiations.