The stock market is thirsty for money / the selling pressure continues in the stock market

According to Tejarat News, although the last trading day for the Green Exchange was over, the stock market had a declining week. While it was expected that with the assignment of the budget, Borjam and the reopening of the car symbols of the stock market, the stock market these days does not seem to need anything but the inflow of liquidity.

Ali Assari, a stock market expert, said: “The stock market situation was better on the last trading day of the week than the previous days.” But we are still facing sales pressure in the automotive group and especially the car symbol.

He continued: “Setting the ceiling for increasing the price of feed for refineries and petrochemicals and the decision of the Exchange Organization regarding the requirement to disclose energy information are news that have been broadcast over the past two days, but this news has not had much impact on the stock market.”

“It is normal for the market to turn green after three negative days,” Assari said. “The same thing happened last Wednesday, and the trading weekend was greener than the previous days.” But since Saturday, we have been facing increasing sales pressure again. I think the market is more thirsty for money than ever before, and until that happens, a decline is predicted.

The stock market expert said: “Next week will begin while the shadow of Borjam continues to weigh on the capital market and the parallel market.” Nothing will happen in the market without the arrival of new money, and with the current situation in the value of Saturday trading, there is a possibility of selling pressure.

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