The prediction of the stock market on Sunday, October 23, 1402 / the 2 million channel of the total index will be lost? – Tejarat News
According to Tejarat News, last week with the beginning of regional tensions between Hamas and Israel, the stock market was exposed to the emotional behavior of traders. This issue registered a heavy fall in the first two days of the last week in the stock market. With the passage of these conditions and the discharge of excitement caused by the regional inflammations between Hamas and Israel, the expectations for the return of logic to the deals had increased. However, the relatively heavy drop on the first day of the third week of October spread a cloud of despair on the market.
Successive drops have brought the Tehran Stock Exchange to a point where the prices even seem suitable for buying, but the outflow of real money continues to be strong. This behavior shows that the positive outlook that existed in the minds of the people of the stock market at the beginning of the year has now faded. It seems that less shareholders expect a good return from their shares. Because the mass behavior in the stock market has caused the symbols that have a high purchase value to become negative; In Saturday’s market, more than 86% of the market was on the negative side of its swing range.
The performance of the glass hall displays
At the end of Saturday’s trading, the main thermometer of the glass hall with a drop of 0.91%, equivalent to 18 thousand and 280 units from the height of this index, was at the level of two million and one thousand, on the verge of losing the two million channel.
The decrease in the height of the main indicator of the glass hall happened while the equal-weighted index, which indicates the general price trend of small and medium-sized companies, registered a parallel but worse performance, with a drop of 1.51%, equivalent to 10,408 units, at a height of 680,000 units. it placed.
The total OTC index, which reflects the general level of the stock prices of the companies in the OTC, stood at the level of 24,899 units with a drop of 1.39%, equivalent to 349 points from the height of this index. In the course of trading on Saturday, the situation of the total index and equal weight index did not have any significant and specific difference, but the equal weight index can react sooner.
Tehran Stock Exchange in the mirror of statistics
The board of the Tehran Stock Exchange showed the value of small transactions (stocks, preemptive rights and mutual funds) on Saturday, 3,672 billion tomans. Placing the value of transactions in the channel of three thousand billion tomans is not enough to move towards the dynamics of the market.
The board of Tehran Stock Exchange shows the trading volume of seven billion shares on Saturday. Experts believe that the more the trading volume reaches higher levels in the current ranges of the total index, the clearer the vision of the new wave of the total index will be drawn in the minds of the shareholders. Because the entry of fresh shareholders makes the way up smoother.
The purchasing power in the market on Saturday registered a negative value of 1.29, which indicates that the sellers are more powerful in the market. Also, the analysis of the ownership statistics of real people on Saturday indicates the withdrawal of real people’s capital from the stock market. The index of capital inflows and outflows at the end of the stock market on Saturday reports the outflow of 651 billion tomans from shares, preemptive rights and mutual funds.
Saturday stock market forecast
The dollar value of Tehran Stock Exchange is still below 160 billion dollars. The level of 160 billion dollars is a very important support for the dollar value of the Tehran Stock Exchange, which has repeatedly prevented the market from falling further. However, the heavy recession that has cast a shadow on the market may make people in the capital market less motivated to start transactions.
Analysts and experts have not found an important reason for increasing supplies in today’s market. Accordingly, in relation to the forecast of the stock market on the second day of the week, it can be expected that the supply pressure will decrease.
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