The return of the stock market in the last week of August / a sweet ending for a bitter week!
According to Tejarat News, the review of this week’s capital market transactions shows a downward closing of the weekly candle of the total index. So that the total index decreased by 1.81% from the balance of one million and 973 thousand units to the level of one million and 946 thousand units. But the fall of the equal weight index was more severe, and this raised the issue of indexing again.
So that the equal weight index decreased by 3.12 percent last week and reached 667 thousand units from 684 thousand units. But the thing that disappointed the hopes from the stock market was the discussion of the low value of transactions. The same issue was discussed last week. But the further decline in the value of transactions this week brought the disappointment of the stock market’s return to its peak.
The state of the stock market on Saturday
The stock market started the last week of August relatively excited; So that on Saturday, the sellers took over the market square and were trying to sell their shares. In this way, the capital market was affected by supply pressure on that day, and the total index fell by 0.81% on Saturday. Therefore, the total index moved away from the level of two million units and reached the level of one million and 957 thousand units. The equal weight index also had a strong decline on this day; So that with a decrease of 1.15%, the level of 677 thousand 55 units was recorded on the board.
The volume of shares, preemptive rights and equity funds transactions on this day was 6 billion 800 million shares and the value of these transactions was 3 thousand 827 billion Tomans.
A sharp decline in the total index on Sunday
On Sunday, however, the behavior of the total index was calmer and recorded a weaker decline. So that the main indicator of the capital market reached a height of 1 million and 954 thousand units on August 29 with a decrease of 0.18 percent. This trend was also repeated for the index of small market companies, but the decline of this index was more severe. So that the equal weight index showed a balance of 673 thousand 357 units with a decrease of 0.51 percent.
The volume of shares, preemptive rights and stock funds transactions on this day was 6 billion 500 million shares and the value of these transactions was 3574 billion tomans.
Increased market volatility on Monday
With the start of trading on Monday, the mood of the upward trend returned to the market, but the value of the transactions was so low that the shareholders had no hope for the return of the stock market; So that at the end of Monday trading, the total index reached a height of 1.956 thousand units with a growth of 0.12%. Equal weight index also increased by 0.1 percent and recorded 674 thousand 219 units.
The volume of shares, preemptive rights and equity funds transactions on this day was 6 billion shares and the value of these transactions was 3,540 billion Tomans.
Patek cars to the stock market on Tuesday
The trading process on Tuesday brought the frustration of the people of the capital market to a peak. So that the car group faced a heavy supply from the shareholders in the market on Tuesday. Therefore, the total index decreased by 0.93% and reached one million and 938 thousand units. The equal weight index behaved in line with the total index and recorded a balance of 663 thousand 221 units with a decrease of 1.63 percent.
The volume of shares, preemptive rights and mutual funds transactions on this day was 6,800,000,000 shares and the value of the transactions was 3,536 billion tomans.
Total index returns on Wednesday
But on the last day of the week, the page turned and more than 77% of the market shares were traded at a higher price than on Tuesday. This caused the total index to increase by about 0.43% and the equal weight index by about 0.7% and reached the levels of 1,946,000 units and 667,000 units.
The volume of shares, preemptive rights and equity funds transactions on this day was 6 billion and seven million shares and the value of these transactions was 3,924 billion Tomans.
Withdrawal of 2 thousand 100 billion tomans of real money
At the same time as the total index fell on the first day of the week, real shareholders also decided to leave the capital market and handed over 597 billion Tomans of their shares to legal entities. The outflow of money during the rest of the week was less intense on Sunday. So that on this day, the number of money withdrawals was about 366 billion tomans.
The outflow of money continued on Monday and recorded the figure of 357 billion Tomans. On Tuesday, however, the outflow of money recorded a heavier figure. So that on this day, 741 billion Tomans of real shares changed ownership and became available to legal entities. Finally, on the last day of the week, the withdrawal of money from the capital market reached its lowest level and recorded the number of 61 billion Tomans. In this way, in the fourth week of August, a total of 2,122 billion Tomans were withdrawn from the capital market.
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