The shadow of war on Iran’s capital market/Tehran Stock Exchange turned red – Tejaratnews
According to Tejarat News, the third week of October was full of news that could change the direction of the capital market. The most important news is the war between Israel and Hamas. Hamas group targeted Israel with 5,000 rockets on Saturday morning, and according to Israeli officials, the group’s forces have entered Israel.
But the tensions were not only related to these two regions, and the capital market was also waiting for an excuse for its elevator to fall, as always. The issue that is important in the meantime is the discussion of the severity of the impact of the Iranian stock market on events and insecurities around the world. This effect was to such an extent that the total and equal weight index decreased by about one percent last day and this decrease reached its peak today. Also, on the last day, about one hem of real money was withdrawn from the Iranian stock exchange due to the insecurity in the Gaza region.
Today’s stock market at a glance
With the start of the war between Israel and Hamas, the Iranian stock market fell sharply and more than 95% of the capital market shares were on the negative side of the fluctuation. At the end of today’s stock market, the stock market indices were strangely bearish. So that the total index fell by 51,610 units, which is equivalent to 2.51% of this index. Based on this, the total index reached two million and one thousand units at the end of today’s trading.
But the situation of the balance index is far worse. In a way, it can be said that the indexation that took place today has hidden the severity of the fall of the stock market. So that the total weighted index, which is a clear indicator of the stock situation, has fallen by more than 26 thousand units. In this way, this index reached the level of 683,247 units with a sharp decline of 3.67% and lost the important channel of 700,000 units.
With the start of the war between Hamas and Israel, the tensions in the Iranian stock market increased sharply and a heavy selling atmosphere dominated the transactions. The volume and value of transactions increased sharply, which was caused by the rush of shareholders to sell. It should be mentioned that the Tehran Stock Exchange board shows today’s trading volume of 10.3 billion shares and the value of small transactions (shares, preemptive rights and mutual funds) is 5.629 billion tomans.
Entry and exit of real money
Also, the escape of real people reached its peak today, and real shareholders were only thinking of withdrawing their capital from this tense market. Investigating the ownership statistics of real people today indicates a heavy flight of real capital from the stock market. The capital inflow and outflow index at the end of today’s stock exchange reports the outflow of more than 1,500 billion tomans from shares, preemptive rights and equity funds.
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