The return of the stock market in the first week of November / the pressure of the stock market fell! – Tejarat News
According to Tejarat News, the end of trading today, November 3, 1402, was determined for the five-day record of stock market indices. A record that had only one result and that was the failure of the stock market indices. Because the total index decreased by 1.06 percent from two million and 23 thousand units to two million and two thousand units during this week’s trading. The equal weight index also had a downward trend this week and reached 676 thousand 727 units with a drop of 0.91% from the level of 682 thousand 977 units.
Also, the review of stock market transactions in the first week of November shows that the stock market during this week averaged 5 billion 940 million shares per day and the trading value was equal to 3 thousand 609 billion Tomans. Finally, it should be said that the result of this week’s transactions was the change of ownership of 1,413 billion tomans of shares from real to legal. This means that more than 1.4 times more real money left the exchange and entered the markets. The process that was repeated in the past weeks and this issue has only one result, and that is strengthening the speculative markets, including dollars and coins, and weakening the only market that helps production.
Stock market in the first week of November at a glance
The stock exchange trading this week started according to the expectations of the people of the capital market. Because the market was bullish last week and this increased the demand at the beginning of the week. In this way, the total index and equal weight index increased by 0.07% and 0.48% respectively on Saturday.
This trend continued on Sunday and the total index grew by 0.36% and the weighted index by 0.57%. On Monday, however, the trading trend changed and both the main indices of the stock market were down. So that the total index decreased by 0.51% and the weighted index decreased by 0.62%. On Saturday, however, the decline of the stock market indices became stronger and the total index fell by 1.07% and the weighted index by 1.42%.
On the other hand, Wednesday’s transactions were not bearish, and the support of two million units was able to increase the transactions of this day. In this way, the total index and equal weight index increased by 0.09 percent on the last day of the week and reached the levels of two million two thousand units and 676 thousand units, respectively.
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