Weekly analysis of the stock market / positive news for the capital market – Tejaratnews
According to Tejarat News, the overall stock market index in the first week of March was in a good state, unlike last month; But the index turned negative on the last working day of the week. The total index last week was 1 million 524. This week, however, the total index stood in the range of 1,656,000 units and finally experienced a growth of 8.6%.
Other market indicators also experienced good growth. The equal weight index stood at the level of 503,202 units with a growth of 6%. Also, the total OTC index experienced a growth of 7.2 percent and stood at 21,346 units.
In the past week, the value of small transactions and pre-emptive rights increased compared to the last week. Accordingly, on Sunday, the value of transactions was 4 thousand 269 billion tomans, on Monday 6 thousand 337 billion tomans, on Tuesday 9 thousand 214 billion and on Wednesday 6 thousand 594 billion tomans were recorded for the value of retail transactions and preemptive rights.
In total, the value of retail transactions and pre-emptive rights this week reached 26,514 billion tomans; This is while the value of transactions last week was equal to 13 thousand 11 billion tomans.
In the last week, shareholders traded only four working days. On Sunday and Wednesday, we saw the outflow of liquidity from the capital market. Accordingly, 274 billion tomans and 389 billion tomans were withdrawn from the market on Sunday.
Also, on Monday 976 billion tomans and on Tuesday 344 billion tomans of liquidity entered the capital market, which in total this week 657 billion tomans of real money entered the market by shareholders.
Positive news for the stock market
Some experts believe that the positive news caused the stock market to experience a positive trend this week. This week, we saw the removal of the feed cap for petrochemicals. Based on this, the ceiling for petrochemical feed will not be seven thousand tomans.
Also, the currency obtained from the companies is supposed to be traded in the second market of Nima, which makes the companies profitable.
These two factors caused the capital market to register a growth of more than 8% in recent days; This growth is while the capital market recorded a negative return in February.
Also, the Minister of Economy announced a new support package for the capital market. Khandozi expressed his hope for the delivery of this package within the next few days and said: “We hope that this package will be a step towards the prospect of increasing the profitability of stock market industries in the coming year.”
Khandozi said about the government’s policies to support the entry of 34% liquidity into the capital market: “A few weeks ago, a new package was finalized in the coordination headquarters of the economic headquarters of the government and will be announced in the coming days. This package helps to continue the profitability of listed companies and this issue leads to the attraction of liquidity in this market.