The stock market is still red / Why is the stock market not optimistic about the budget?

According to Tejarat News, while the 1401 budget bill was presented to the parliament yesterday, it had good news, including the elimination of the 4,200 Toman currency and the reduction of the issuance of government bonds. But the stock market has continued to decline. The total index this morning and at the beginning of the market with a fall of about 1800 units is in the channel of one million and 318 thousand units. Meanwhile, the total index yesterday fell by 23,000 units.

In addition, the homogeneity index also decreased by 0.20%. Khodro, Shefen, Shasta and Khapars have the most negative impact on the market so far. Car symbols have been on sale since the beginning of this week, while some experts hoped that with the reopening of the leaders of this group and the increase in the prices of Saipa and Iran-Khodro products, we would see positive movements by this traditional market leader.

The total OTC index, which lost 19,000 channels yesterday. Today, with 22 drop units, it is located in the channel of 18,909 units. Semga and Hormoz had the most negative impact and Soghdir had the most positive impact on the total OTC index.

Payam Eliaskordi, a stock market expert, said: “This lack of reaction stems from the lack of necessary trust in the capital market.” Supply pressure in the market is still high. At the same time, we should have seen a positive impact, at least in the agricultural and oil industries.