Tomorrow’s stock market prediction / Will liquidity in the capital market decrease?

According to Tejarat News, the total index of the stock market increased by 4 thousand 108 points and reached 1 million 427 points. The total equal weight index also reached the range of 380 thousand units with an increase of 386 units.

On the other hand, the value of market transactions is still at the level of two thousand billion tomans. According to statistics, the average value of small daily transactions in the last 10 trading days was about two thousand billion tomans.

Ahmed Ishtiaghi, an expert on financial markets, said in a conversation with Tejarat News: Considering the trading process of recent days in the stock market, it is expected that the market will be balanced tomorrow. It means to witness negative and positive fluctuating transactions in the stock market.

He continued: Once upon a time, there were various reasons for the drop in the capital market, such as the drop in commodity prices. However, due to the stabilization of commodity prices on Thursday and Friday, the early morning trading of Tehran Stock Exchange was green. But after the transactions became positive, many sellers appeared in the capital market and the market realized that the fear of falling commodities did not hide the stock market. Rather, in fact, the trading trend is downward. The increase in sellers on Sunday made shareholders worry about the lack of liquidity and somehow everyone sold.

Why did the stock market not welcome the leaders?

Referring to the conditions of the automotive group, this capital market expert said: The transfer of the automotive block created an atmosphere of optimism in the capital market. But the absence of a buyer made the shareholders disappointed with this group.

He explained: On the other hand, refineries had good 3-month reports, but; The market did not welcome this group. Profitability was one of the reasons for this lack of acceptance; That is, the shareholders of the refining group were in profit and wanted to save their profit.

According to Eshtiaghi, the two market leaders, i.e. refining and automotive groups, are not in a good situation and they affected the whole market as well.

Referring to the lack of liquidity in the market, this financial market expert said: The lack of liquidity in the stock market is very important. Because government companies, the main actors and major shareholders, have no movement to protect their shares. The portfolio of most of the major shareholders is in loss and they do not try to get out of the loss.

Estiagi finally said: In this situation, everyone is a seller because of the lack of liquidity, and this selling pressure has made the seller have the upper hand and the stock market is almost empty of liquidity.

Read the latest capital market news on Tejarat News Stock Exchange page.