bourseEconomical

Tomorrow’s stock forecast / economic auction weakened the stock market


According to Tejarat News, the total index of the stock exchange today with the growth of 2,741 units of the total index caused this index to be in the range of 1,504,000 units. The homogeneous index was accompanied by a slight decline and remained in the range of 417 thousand units. The value of small stock exchange and over-the-counter transactions also reached 3,750 billion tomans.

“The remaining two days of the capital market week are going through a balanced process,” Fardin Aghabzargi, a capital market expert, told Tejarat News. Also, after holding corporate meetings, money is directed to the capital market and by the end of the year, the record of the entire stock market index will be broken.

He continued: “Showing a space in the country’s economy that shows the ineffectiveness of the commodity prices of one of the big boards to convey this message in a way is the stock board.” For example, the sales rate of a company has increased sixfold, these companies are often in the sales queue in the capital market, and it is induced that the increase in prices has no effect on life and other financial markets.

10 times growth of stock market shares

“In the last 10 years, all companies that have been priced have made 10-fold profits,” he said. But because the government has announced that it is conducting economic surgery, this is weakening the stock market. That is, the capital market has become a place to show the ineffectiveness of rising commodity prices.

The capital market expert continued: the general index of the stock exchange had a return of 18% until May and the homogeneous index had a return of 28%. Once in Ardabil, with the implementation of these plans, the government printed 10,000 billion tomans worth of securities and entered the market. One initial supply after another took the market by surprise and then unveiled an increase in commodity prices. This scenario actually creates an atmosphere in the capital market to buy in the stock market to avoid falling into the trap of falling prices.

Read the latest capital market forecasts on the Trade News page.

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