The stock market turned red / the big buyer on the way to the stock market?
According to Tejarat News, the total stock index fell by about 20,000 units in the middle of the market today and entered the channel of 1,342,000 units. In addition to the 1.47 percent drop in the overall index, the homogeneous index also fell 1.28 percent. The value of transactions in the middle of the market is about 1600 billion tomans, which has decreased compared to the previous day.
While almost all groups in the stock market are facing a decline, the banking and automobile groups grew yesterday in response to the positive signals of the Barjam talks.
Borzoo Haghshenas, a stock market expert, said that the stock market could not move due to the ambiguities imposed. On the other hand, because it is fundamentally very valuable, it can not have much loss. The result is confusion and erosive negativity
He continued: “Borjam negotiations are one of the most important ambiguities in the capital market and other financial markets.” The budget debate remains ambiguous and conflicting signals are being transmitted. In this situation, money does not come to market.
The expert said: the ambiguities must be resolved for the buyer to be present. Unlike the red board today, there are positive points in the stock market. When the shares are negative, the buyer comes to the market and the share ratio is sometimes good even in the sales queues.
Haghshenas considered the negatives of the market as natural and said: “I do not envisage a new floor for the stock market and I see the presence of a strong buyer in the severe negatives in the shares.”
He continued: “Unlike in August 1999, when the ratios were bad but the shares were in the buying queue, now the ratios are good, but the shares are in the selling queue, and this is a sign that a strong purchase will enter the floor.” I hope for the future of the market and I believe that the market, especially in small groups and shares, is recognizing a definite floor.
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