Tomorrow’s stock market forecast / When will the market trend be determined?
According to Tejarat News, the total index of the stock market fluctuated today. At the end of trading today, Tuesday, August 25, 1401, the total index of the stock market dropped by 4,190 points and reached the level of 1,459,000. The equal weight index, however, had other conditions and ended its work with a growth of 1,396 units in the range of 398,000 units. With these conditions, the equal weight index was on the verge of regaining the channel of 400,000 units, which it had recently lost.
The stock market is waiting for JCPOA
Finally, after several days of waiting, last night Iran announced its official response to the text of the agreement proposed by Europe. This issue caused some incomplete and different analyzes to be made regarding the text of the letter, but in the end the exchange was undecided.
In the first half of today’s market, optimism about the JCPOA increased, causing an increase in the demand of automotive and banking groups and pressure in the dollar groups, i.e. basic metals, refining and petrochemicals. In the second middle of the market, the selling pressure increased and became the reason for other market groups to fall into the red.
On the other hand, experts believe that JCPOA will benefit the stock market. Historical information shows that the year 2014 also started with the agreement of the stock market rally. As a result, it will be the turn of all groups to ascend, and the money that circulates today in rial groups, i.e. banking and automobile groups, will reach other groups as well.
According to the experts of emotional control, maintaining hope and positive spirit, trading based on value and analysis can be useful.
The important point here is that the shareholders of the capital market should wait for an official news and then proceed to buy based on the available data and analysis. Also, the stock market remained fluctuating in the same way until the agreement was finalized.
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