Weekly analysis of the stock market / continuous outflow of liquidity from the market – Tejaratnews
According to Tejarat News, the overall index of the stock market did not leave a favorable situation in the first week of December. The total index of the stock market last week was at 1 million 689 thousand units and this week it reached 1 million 611 thousand units and registered a 4.6% drop in its record.
On the other hand, the market of equal weight index also took a downward trend and stood at the level of 512,491 units with a decrease of 2.59%. Also, the over-the-counter index recorded a 2.5 percent drop and stood at 20,980 units, and in general, all market indices were down this week.
How much money was withdrawn from the stock market?
We had cash outflows from the market on all days of this week. Accordingly, on Saturday 749 billion tomans, on Sunday 370 billion tomans, on Monday 377 billion tomans, on Tuesday 129 billion tomans and finally on Wednesday 1,366 billion tomans of money left the market.
Value of market transactions
Due to the heavy cash outflow this week, the value of transactions was in good condition. Accordingly, the value of transactions on Saturday was 9,782 billion tomans, on Sunday 8,145 billion tomans, on Monday 9,406 billion tomans, on Tuesday 6,500 billion tomans, and finally on Wednesday, the value of transactions was 8,000 billion tomans. It reached 548 billion tomans.
This week, the news of canceling the supply of cars in the stock exchange and the interference of the competition council caused the stock market to go through a bad situation.
The Competition Council is looking for mandatory pricing in the commodity exchange, and according to the capital market rules, there is no possibility of mandatory pricing in the stock market.
Currently, the supply of cars in the stock market has made this product reach a price equilibrium. This means that every car in the commodity exchange is 20 to 400 million tomans cheaper than the open market, and this cheapness is in favor of buyers and factories.