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Tuesday stock market forecast / Will the trading board remain red?


According to Tejarat News, the trading board of the stock market was also red today. After a drop of 11,611 units, the index reached the level of 1,468,000 units.

Amir Topchipour, a stock market expert, in a conversation with Tejarat News about forecasting the state of the market on Tuesday, said: Considering that the assembly of about one-third of the listed companies will be held this week. Tuesday will be part of the non-tradable market symbols and it is natural that the value of trades will decrease further.

The stock market is not good!

He continued by predicting a negative market for Tuesday: from the technical point of view and the value of transactions, the state of the capital market is not good at all. Some symbols have lost their support floor that they experienced in the index of 1,200,000. This factor has caused the shareholders to become active to the extent of the loss, and the number of sellers in these shares has increased.

Topchipour emphasized: In the current situation of the capital market, which is accompanied by a lack of liquidity. Large stocks will not be able to grow, and the individual stocks on which the actor is active will have a positive trend, and the rest of the market will spend in a negative balanced state. The financial markets are waiting for the JCPOA and are stagnating. If something positive happens in the JCPOA, the capital market will be in a better situation. As long as the situation is still unclear, we cannot expect any particular growth from the market.

This capital market expert points out: On the other hand, some decisions of the central bank, such as the continuation of the increasing trend of interbank interest rates, have caused the capital market to react negatively to this issue, and the stock price trend shows the effect of the government’s contractionary policies on the stock market.

Topchipour clarifies: The withdrawal of liquidity from the market has increased day by day in recent months. Also, small shareholders are going to leave with disappointment about the future of the market. Until liquidity is injected into the market, stocks cannot be expected to return, and support will be less valid, and shareholders will see any positive as an opportunity to exit the market.

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

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