Weekly analysis of the stock market/movement of liquidity to fixed income funds – Tejaratnews

According to Tejarat News, the total index of the stock market ended last week at 1,821,000 units. This week, however, the total index of the stock market stood at 1,817,000 units and finally recorded a 0.2% drop in its record.

On the other side of the market, the total weighted index registered a growth of 1.4 percent and the total OTC index stood at a height of 23 thousand and 46 units with an increase of 0.17 percent.

Depreciation of transactions

The value of the stock market transactions was a decrease compared to the last week, and accordingly, the value of transactions on Saturday equaled 6 thousand 637 billion tomans, on Sunday 5 thousand 817 billion tomans, on Monday 6 thousand 590 billion tomans and on the last working day of the week That is, on Tuesday it was eight thousand and 356 billion tomans.

Finally, the value of this week’s transactions was equal to 27,400 billion Tomans; While this market index was equal to 49 thousand 583 billion tomans last week.

This week had only four working days, and during this period, three days of actual liquidity outflow and one day of money inflow were recorded. Accordingly, only on Tuesday 342 billion Tomans of real money entered the market, and on Saturday 857 billion Tomans, on Sunday 133 billion Tomans and on Monday 307 billion Tomans of real money left the stock market.

On the other hand, fixed income funds had better conditions this week, and 65 billion tomans were recorded on Saturday, 288 billion tomans on Sunday, 255 billion tomans on Monday, and finally 145 billion tomans on Tuesday.

New news for the stock market

In the past week, the visit of Rafael Grossi, the director general of the International Atomic Energy Agency to Tehran caused the price of the dollar to decline, and the same thing had an impact on the capital market. But the important issue here is that the stock market did not decrease with the drop in the dollar price this week and we saw a divergence between the dollar and the stock market.

Also, on the last working day of this week, Mohammad Reza Mirtajuddini, a member of the 1402 Budget Bill Consolidation Commission, announced that the issue of car supply in the commodity exchange has been removed from the next year’s budget bill.

This had a negative impact on the stock market. However, the status of the car supply in the commodity exchange is still not clear and we may see the car supply in the commodity exchange next year.