The stock market is dormant / What about the stock market?

The overall stock index fell 4.1 percent last week, according to TradeNews. The downward trend in the stock market continued from the beginning to the end of this week, and finally the stock market ended its work on Wednesday with a slight growth.

The Saturday index started its work in continuation of the negative trend of the previous week and in the channel of one million and 334 thousand units. The volume and value of trades were still low and nothing special happened for the growth of the overall index. The decline in the overall index continued despite the positive news from Borjam and the cross-sectional growth of banks and cars. Khalaf’s promise to set a ceiling on petrochemical feed rates further affected the group.

The statement of the head of the stock exchange organization regarding the departure of half of the shareholders in 1999 with a profit made them angry and provoked negative reactions. Following the negligence of the officials and the severity of the stock market decline, the total index of the channel lost 1.3 million units on Tuesday. Stock market activists and shareholders with the hashtag of the first priority stock exchange on Twitter, while protesting the stock market decline, reminded of Ebrahim Royisi’s promise about stock market priority.

Excessive money in the stock market

Mohammad Khabarizad, a stock market expert, said: “Excessive bipolarity can be seen in the stock market.” The reluctance of money to enter the market by interesting people. It is true that we have an ambiguity called Burjam, but all the good things that have happened to the stock market have happened and the task of many ambiguities has been determined.

He continued: “Fundamentally, the market is not a problem.” But it is not money, and stock market officials must do their best to attract money to the market. The government must bring the money it was supposed to bring into the stabilization fund and save the stock market from this sluggish state.

Khabarizad said that the continuation of this trend will make the stock market situation difficult to return to. Given the potential for stock market growth, the sooner it enters the money market, the better.

Iman Raisi, a stock market expert, said: “The shares followed the total index, an index that itself has been manipulated and this should not be the real number.” Shares such as Shashad and many others fell 90 percent of their historical high, and there is still pressure and excitement in these stocks. Fear and despair have caused the market to ignore intrinsic value and analysis and charts.

He continued: “In this situation, the head of the stock exchange organization blames everything on the people and says that half of the shareholders left with a profit.” These rumors are contradictory to reality. The fact is that 90% of the shares are in the hands of the government. If the government wants, the market will change, and if it does not, it will not. It is not right for us to put the blame on the people. People are destroying their capital with their own hands just to get out of this market.

Continue the negative trend in the market next week?

Payam Elias Kurdi, a stock market expert, said: “Although the market grew on Wednesday, it is no different from last week and this week.” The value of trades is still low and the trend is negative. The average value of transactions is 2200 billion tomans and it will not make any difference today.

He added: “The difference between today’s market is the increase in oil prices in the world and the growth of refining symbols.” But because there is no liquidity in the market, refineries are expected to face selling pressure next week due to rising global oil prices.

Mostafa Majd, a stock market expert, said that many companies published their 9-month reports. Meanwhile, the reports of some large companies such as Bank Mellat, Arfa Steel and Zobahan were not good reports.

He continued: The eyes of the market are on the few remaining companies, including Tehran Oil Refinery, Isfahan Mobarakeh Steel and Zagros Petrochemical. If the reports of these companies are positive, the Saturday market will have a balanced and growing trend. Otherwise, the Saturday market is a bloodbath.

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