The stock market did not change only the positive market of the first week of December

Most markets have been in equilibrium over the past week, according to TradeNews. Of the four stock markets, the dollar, gold and coins, it was the only stock market that ended positively and recorded nearly three percent growth.

Stock market

In the first week of December 1400, the entire stock exchange of Tehran Stock Exchange finished its work in the step of one million and 397 thousand units, which had started the week with 1,359 thousand units. A growth of 2.8 percent, which, of course, if not for the decline of the last day, would probably be higher than three percent. This week, the total index entered the channel of 1.4 million units many times, but lost it each time.

Mohammad Kheiri, a stock market expert, said: “This week we saw cross-sectional support in the stock market, which began with the decisions of the Minister of Economy.” In my opinion, this news was the result of pressure on the officials from the capital market.

Coins and gold

Each gram of gold was priced at one million and 297 tomans at the end of the week, which was priced at one million and 301 thousand tomans at the end of the previous week. Thus, the weekly return of gold was recorded as negative 0.3%.

The coin was similar to gold. The price of each coin all spring, which was 13 million and 182 thousand tomans at the beginning of the week, decreased to 13 million and 137 thousand tomans at the end of the week. This means that each coin became cheaper by 0.3%.

Forecasts of the dollar market players for the beginning of next week were not so far from the current situation. According to a review of the central market talks, it seems that the domestic and foreign news published this week could have been a serious obstacle to market increases and prevented them from a sharp rise in the dollar. It is also felt that the general market participants are satisfied with this relative and cross-sectional stability of the dollar price.

Dollar

The dollar did not change much this week and became only a few tomans cheaper. Each dollar, which was priced at 27,400 tomans at the beginning of the week at the National Exchange, was traded at 27,388 tomans at the end of the week.

Ali Bahadori-Jahromi, the government spokesman, said in his second press conference on Tuesday morning: “The government has no restrictions on providing currency.”

Jahromi said: “The sanctions situation in the country prevents it from being compared to normal conditions.” However, in relation to the conditions of sanctions, the sale of oil and the return of the resulting currency are in an acceptable situation, and the government has no restrictions on the supply of currency.