The stock market is waiting for positive news of JCPOA
According to Tejarat News, the beginning of the new century had a good trend for the stock market and the index was able to have a relatively good return. On the other hand, through
Amin Azarian, Chairman of the Board of Directors of Arman Ati Investment Consulting Company, in a conversation with Tejarat News, said: The total stock market index has been in an upward trend since the beginning of the year, from the range of 1.380 thousand units until today, it was in the range of 1.510 thousand units, and the yield recorded about 10 percent.
He explained: The upward movement of the index started from February last year and continued until the end of May 1401. After four months of upward movement, almost all capital market activists were waiting for a correction in the stock market, which started at the end of May and continued until today. Of course, capital market activists want to know whether the reform of the total index is over or not?
Azarian stated: There are different parameters to answer this question. But currently, the most important parameter that can be mentioned is the dollar rate and the inflation outlook.
What factors affect the stock market?
This capital market expert explained: Since the dollar rate affects most of the basic goods. The movement and outlook of the dollar rate and inflation in the society can affect the capital market trend and consequently the total stock market index.
He continued: “The dollar rate is currently declining due to the positive outlook on the JCPOA and the resumption of JCPOA negotiations in Doha.” For this reason, almost all markets will be in a neutral or correction mode until the results of the negotiations are determined correctly.
This capital market activist stated: Any positive news from the negotiations can reduce the inflation outlook and keep the stock market in a correction and neutral process. As a result, whenever negative news is heard from the negotiations, with the change in the dollar rate and the inflation outlook, the capital market will continue its upward trend.
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