Tomorrow’s stock market forecast / What is the reason for fluctuations in the stock market?
According to Tejarat News, the total index of the stock market started a downward trend today and was accompanied by a drop of about five thousand units. With this trend, can we expect the market to return?
Today, Sunday, September 6, the total stock market index fell by 5,948,000 points. With this drop, the index reached the level of one million and 44 thousand units and the equal weight index also reached the range of 408 thousand units. On the other hand, the value of market transactions reached over three thousand billion tomans, and this value was not bad compared to the previous days.
Relatively good news is coming from the JCPOA. In an interview with Kronen Zeitung newspaper, Josep Burrell, the head of the European Union’s foreign policy, said: “I have received America’s response.” Now Iran must answer them. We have reached a critical and decisive moment in these negotiations.
Burrell continued: I am optimistic. This is the last millimeter. It will make the world a safer place.
Tomorrow’s stock market forecast
Ahmed Ishtiaghi, a capital market expert, said in a conversation with Tejarat News: Tehran Stock Exchange is dependent on negotiations. Because the phase of the capital market is the revival of the JCPOA and the shareholders were expecting an immediate agreement and a series of negotiations. Based on this, capital market activists had a lot of luck towards banking, transportation and automobile groups.
He continued: “The capital market is still in the final phase.” The delay of JCPOA made the stock market uncertain and some shareholders in automobile and banking groups began to fluctuate. This means that the increase in the capital market will be withdrawn due to the JCPOA.
In predicting tomorrow’s transactions, this capital market expert said: Considering the price levels of shares, tomorrow the market will be balanced and sometimes positive.
This capital market expert further stated: Considering the increase in signals from the JCPOA, the market does not value the transfer of the car block. This transfer cannot have much effect on the capital market.