The return of the stock market in the third week of November / the balance of real money became positive – Tejaratnews
According to Tejarat News, the analysis of the transactions of the third week of November shows that after the tensions between Hamas and Israel were removed, the stock market chose a good path for itself and was able to rise for five consecutive days. In this way, the total stock market index managed to regain the channel of two million units with a growth of 4.34% this week and reached two million and 56 thousand units from one million and 970 thousand units.
The equal weight index also managed to register a jump of 5.86 percent within five working days and reached 698 thousand 767 from 660 thousand 25 units, which shows that besides the index makers, the trading situation of small and medium companies has also been good.
The stock market of the third week of November at a glance
The capital market started the first day of the week strong after Seyyed Hassan Nasrallah’s speech on Friday and the easing of war tensions. So that the total index grew by 1.44% and the weighted index by 1.93% on this day.
On Sunday, the news of the 4,880 toman gas feed price in September was published and it was clear that the story of the 7,000 toman gas price is over forever. This was considered another positive news for the market and the stock market indices continued to move in their upward trajectory with a growth of 0.88%.
The upward trend of the capital market indices did not stop in Dushanbe either, and the total index grew by 0.7% and the weighted index by 0.87%. Also, on Tuesday, with the strong entry of reals, the rise of these two indicators became stronger, so that on Tuesday, the total index and the equal weight index grew by 1.07% and 1.66%, respectively. On the last day of the week, the shareholders witnessed the rise of both stock market indices; So that the total index and equal weight index grew by 0.16% and 0.37% respectively on this day.
Growth in the volume and value of retail transactions
It should be noted that the figures of the volume and value of small transactions increased in the investigated week due to the upward trend of the indices; In such a way that the capital market during the second week of November averaged seven billion and 780 million shares daily and brought a value equal to four thousand and 540 billion tomans. It should be mentioned that the value of retail transactions this week even reached 6,98 billion tomans, which has been unprecedented in the past weeks.
But the thing that might prevent the continuation of the upward trend of the market is the lack of real support. Although two thousand 600 billion Tomans of real money were withdrawn from the stock market in the second week of November, this week, despite the positive balance of real money, the result of the money entry of these market players was only 292 billion Tomans. This means that the capital market will still have to look at the rights hand and this issue will not stabilize the upward trend.
Read more reports on the capital market page.