The stock market is experiencing hope / stock prices are becoming more attractive

According to Tejarat News, the stock market lost 1.4 million units again today. But the trend of the last minutes of the market showed the return of the index to the uptrend.

Salman Nasirzadeh, a stock market expert, said: “Today’s market moved to medium and smaller groups, and this was confirmed by the 0.5% growth of the homogeneous index.” The market has reached a relative equilibrium in terms of profitability and price ratios.

He continued: “In many medium industries, symbols with a scale of five to seven are found in abundance.” The situation is the same in larger groups and the market is balanced. This situation is promising for the overall market to reach equilibrium.

Nasirzadeh stated: In the past few days, the growth index has been about 9% and now it has reached the resistance range of 1.4 million units. Azar monthly reports are good and autumn performance can be better than summer season and this helps to adjust the market’s reputation and make prices more attractive.

He continued: “On the other hand, we are gradually approaching the end of the year, and activists and investors who have a value view of the market certainly pay special attention to the companies’ profits next year and include the profits of the assemblies in the current price.” This causes the valuation ratios of companies to be significantly adjusted with a forward-looking perspective, and these issues together are effective for crossing this market level.

The stock market expert said that the 1401 budget will be reviewed this week and the ambiguities regarding the fuel price of industries, taxes and. Have been reduced. On the other hand, the Borjam meeting is still going on. These cases will also affect it from outside the stock market.

Nasirzadeh pointed out: The stock market is experiencing hope. This hope is visible in improving the value of transactions. Of course, it has not yet reached the desired level and there is still a real outflow, but the inflow of money into fixed income funds has decreased, and this means that part of the capital goes to stocks. Repeating this procedure restores confidence in the realities of the market.

He stated: The market situation tomorrow will be the same and balanced. The range of 1.3 million to 1.4 million is important for the market and the overall index is expected to fluctuate at these levels for some time. If accompanied by an increase in the volume and value of transactions, the market is expected to cross the level of 1.4 million units in the coming weeks.

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