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The overall index approached the 1.3 million channel / Is stock market growth continuing?


According to Tejarat News, the overall index has risen to a positive level since last Wednesday and has grown by about five percent until the middle of today. The total stock index is now in the channel of one million and 290 thousand units. Last week, the overall index fell to the level of 1.1 million units. But if growth continues at the same pace, today’s index is likely to regain 1.3 million units.

Despite the decline in some groups, including cars yesterday, the stock market today in most groups is witnessing growth and a green market map. The value of transactions in the middle of the market is about 2200 billion tomans. Experts believe that in order for the value of transactions to grow, it should reach at least 4,000 billion tomans.

Nima Mirzaei, a stock market expert, said: “The market returned from Tuesday last week according to technical estimates, and due to government support, the upward trend accelerated twice.”

He continued: “In this period of price growth, the focus of the market and the market maker is on the index stocks, which can be understood from the composition of the team of legal representatives present in the stock exchange company.”

Mirzaei pointed out: Today’s market is balanced so far and of course the volume of transactions is acceptable. In the current situation where none of the buyers and sellers have the upper hand and the market is at a crossroads again, my prediction is that demand will improve and continue to grow.

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