Today’s stock market forecast is October 17 / Global stock market stimulus

According to Tejarat News, Nima Mirzaei, a stock market expert, said about the market trend for the coming days: “The market is still in a volatile state and for the next few days it is possible that sellers will be more powerful than buyers.” The market can regain its relatively stable position.

Mirzaei continued: “Six-month reports are among the things that will help calm and stabilize the market. Speculations indicate the appropriate profitability of companies that will make the p / e ratio more attractive.” As seen in the reports, this ratio has been declining after successive and bubble-like rises, reaching below 10, which seems to be a significant number for investors in the current inflationary conditions.

In another part of the market, the market expert said: “In the current market conditions, the view of inexperienced investors in the market has become short-lived due to fear.” Also, due to the final agreements and the exchange rate reform, the market conditions have fallen and we are witnessing the outflow of real people’s capital from the market. Also, the staggering jumps in global prices following the energy crisis have prevented a significant drop in the index and the market.

The world of economics wrote:

Global stimulus for stock market rotation

The morning trend of the Tehran Stock Exchange index started to rotate in the middle of the market, and finally, with the help of the growth of commodity-based stock prices, it entered the green range of the table. The positive start of oil and metals in the world market was the most important driver of the reversal of the main glass hall thermometer. However, the inefficiency of the overall index in reflecting the realities of the market caused the stock market activists to protest again. Where, despite the reddening of 70% of the symbols and the 1% reversal of the homogeneous index, the main stock indicator gave the traders a green appearance.

In the conflict of expectations

Yesterday, the Tehran Stock Exchange received the greatest impact from global rates, so that for the second day in a row, after the emotional reaction of this market to the election of Majid Eshghi, they will be the sole fundamental factors in directing the behaviors in this market. On this day, the main thermometer of the capital market, which was moving in negative levels until the last minutes of its daily activity, finally became positive and brought the daily performance of the market to the general green levels of the index only by recording a progress of 0.06%.

On this day, the stock index reached the range of one million and 437 thousand units and under the influence of a significant increase in demand for commodity-based symbols, it managed to change its daily trend. It seems that the stock market index is currently fluctuating in a range of about 100,000 units. Over the past few days, the main stock market indicator, although affected by various factors, has shown that it can not exceed the level of 1.5 million units and can not stabilize itself by recording more falls in the super channel of 1.3 million units. . As mentioned in previous reports, the capital market is currently in a situation where due to fears formed in the foreign exchange market about possible openings, Borjami has not been able to move much and due to the great importance of the dollar component in the minds of investors, can not Determining the outcome of the talks between the two sides takes a specific direction.

This makes it impossible for us to present a clear picture from the perspective of investors. There are now many investors in this market who believe that the talks will finally end, and there are others who see inflation in the second half of 1400 as the driving force behind the asset markets. On the other hand, the global markets factor is so prominent among analysts that in practice, the significant effect of price growth in these markets on the future of revenue generation and consequently stock prices can not be ignored. This causes us to see the ups and downs of various industries and the almost irregular increase and decrease of the total stock index and other stock market indices every day as the market improves among different perspectives.