The stock market is green this week / weak but promising growth of the index

According to Tejarat News, the Tehran Stock Exchange started the week with green signs and the growth of the total index also promised the shareholders that the stock market is likely to be green this week.

The total index of Tehran Stock Exchange started the first week of August 1401 with a growth of about 1600 points. The stock market boards recorded a growth of 1,607 units today. Following this change, the total index was stabilized in the range of one million and 473 thousand units. Equal weight index reached 404 thousand units with an increase of 875 units.

Is the stock market green this week?

According to most of the capital market experts, the probability of the positive return of the stock market index in August 1401 is much higher. Analysts who participated in the weekly Tejaratnews survey on the state of the capital market also often confirm this opinion. Of course, the growth that the total index experienced today cannot be considered as a signal for the growth of the market as a whole in the coming weeks. But in general, it seems that the market is looking for a brighter outlook.

The risks remain

Looking at the general conditions of Iran’s economy, it can be said that most of the risks that threatened the capital market are still present. On the other hand, some experts believe that even occasional growths of the index are due to the government’s manipulation of the market trend. Therefore, a group of stock market activists in social networks also insist on the necessity of abandoning the total index in Tehran Stock Exchange. But all in all, it seems that in the coming days and weeks we will probably witness more stable conditions in the capital market, although this stability may be temporary.