InternationalInternational Economics

The stock market growth record was broken in 1401 / The effect of the central bank decision on the stock market


According to the economic correspondent of Fars News Agency, the capital market had an upward trend in the fourth week of June, and the overall index with its movement, made the shareholders hope to conquer the 1.6 million unit channel.

A study of the stock market in June of this year shows that the fourth week of this month was the first week of the stock market and this growth has not occurred in 1401 until now. In other words, the growth of the total stock index in the last week has broken the record of stock market growth.

The highlight of this week has been the outflow of money from the capital market. Some experts see the outflow of money from the stock market as a warning signal for the stock market.

The capital market was affected by the central bank’s decision to sell export currency in exchange offices last week, which was one of the reasons for the stock market’s growth last week.

* The decision of the Central Bank to increase the stock market

In an interview with Fars News Agency’s economic correspondent, Mohammad Madadian, a capital market expert, referred to the recent decision of the Central Bank to facilitate the supply and sale of export currency and said: “This action of the Central Bank will bring many benefits when the dollar exchange rate.” Free will increase, exporters will have to sell their currency at half price according to existing directives, but this decision will cause them to sell their currency at a higher rate.

He continued: “The central bank, through the issuance of a new communiqué, helped to reduce the gap created in the free exchange rate and the half market by reducing the price of the dollar.” With this move, the central bank will no longer use its stored resources and will somehow maintain its foreign exchange wealth for future managers of the foreign exchange market.

* Record growth of the entire stock market index

The downward trend of the total stock index stopped in the fourth week of June. On the first working day of the week, the total index fell by 2,09 units; But then the overall index trend went up. On Sunday, it grew by 14,098 units. On Monday, the ascent index had 39,059 units.

On Tuesday, the overall index rose for the third day in a row, rising by 2,620. On the last working day of the week, the index fell 9,737 points, but stood higher than the previous week. The return of the total index this week is positive 2.9 percent and is a record in 1401.

The total stock index in the fourth week of June had a growth of 44,036 units and stood at the level of 1,564,334 units.

* Small stock sequence of total index

The overall homogen index also grew this week, standing 7,531 points higher than the previous week at the end of the week, recording a positive return of 1.8 percent.

The total homogeneous index had a decrease of 1,535 units on Saturday and experienced a growth of 1,555 units on Sunday. On Monday, the index stood at 7,739 points, and on Tuesday, the growth was 770 points for shareholders.

On Wednesday, the fourth week of June, the total homogeneous index stood 998 points lower, so that the only negative day of this index would be on this day.

* Growth of retail transactions in the stock market

In the fourth week of June, the average value of transactions for the whole week was 36,118 tomans, which has decreased by 39% compared to the figure of 60,086 billion in the previous week.

The total value of transactions last week on Saturday was seven thousand and 172 billion tomans. On Sunday, this number reached 10,864 billion tomans, and on Monday, as in all previous weeks, the value of these transactions increased to 143,188 billion tomans. On Tuesday, the total value of transactions decreased to 11 thousand and 108 billion tomans and on Wednesday, the value of capital market transactions reached eight thousand and 261 billion tomans.

But the value of retail transactions grew last week. This week, the average value of small transactions on the stock exchange was 4,287 billion tomans, which is an increase of 7% compared to the figure of 4,06 billion last week.

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