The return of the stock market in May / the stock market was flat – Tejaratnews
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The stock market passed the month of May with a deep correction. Thus, while the stock market created a surprise in the first month of this year and registered more than 18% positive return, it ended May with a negative return.
According to Tejarat News, the stock market, which had passed the month of April with surprise, took a different path in May and underwent a deep correction. From the middle of May, the total stock index lost 12.5% of its previous growth in just five days and reached the channel floor of 2.2 million units.
During the following days, the total index was slightly away from the correction, but it went through ups and downs until the end of May. At the end of this month, the total index of the stock market recorded a negative return of 0.9% and decreased from two million and 324 thousand units in the first trading hour of the month to the level of two million and 302 thousand units.
Slow growth of the balance index
At the end of this month, the equal weight index left a positive return; Although the yield of 0.43% cannot be considered very promising. The equal weight index also lost a large part of its growth during the deep correction of the market and finally reached the level of 760 thousand and 754 units on the last day of April to 764 thousand units at the end of May.
Backward of the total OTC index
The total OTC index was corrected in May, following the stock market; In this way, the total index of this market reached the level of 29 thousand and 207 units at the end of April to the level of 28 thousand and 900 units at the end of May and recorded a negative yield of 0.9 percent.
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