Weekly returns of the stock market/ heavy withdrawal of real money from the stock market – Tejaratnews
According to Tejarat News, the stock market spent the third week of July in a disappointing situation. During this week, the total index of the stock market collapsed by 131,228 units, equivalent to 6%, and stopped at the height of 2,710,000 units with the loss of 2.1 million channels.
During this week, although two positive news regarding the increase in the sales rate of Bahmanmotor products and the good report of the steel industry, including Arfa, were also published, but the force of these positive news did not reach the negative news of refineries and petrochemicals, so that finally, the stock market indices experienced a big drop.
In this way, during the third week of July, the stock market was faced with daily money outflows and could not attract real money on any of the days of the week. Finally, the total change of ownership from real to legal this week reached 4,288 billion tomans.
The performance of stock market indices
On the first day of this week, the total stock index lost more than 7,000 points and fell by 0.34% and stood at the level of 2,195,000 units with a loss of 2.2 million units. Meanwhile, the transactions of small and medium-sized companies saved the equal-weighted index from falling, so that this indicator reached 777,000 units with a growth of 1,290 units at the end of the first day of trading.
On Sunday, the downward slope of the total index intensified and thus the index of the Tehran Stock Exchange went down with a drop of 18,772 units, equivalent to 0.86%, and reached the level of 2,176,000 units. On this day, the equal weight index behaved in line with the total index and reached the level of 770,824 units with a drop of 0.85%.
The total index of the stock market continued its downward trend on Monday and went down by 17,829 units equivalent to 0.82% to stop at a height of two million and 158 units. The equal weight index also faced a decrease of 1.29 percent on this day and ended its work at the level of 760 thousand units.
The trend of the entire stock market index on the fourth trading day of the week was a clear example of the fall, as it went down by more than 30,000 points, equivalent to 1.4%, and reached the level of 2,128,000 points. The equal weight index experienced a decrease of 1.88 percent on this day and reached the level of 746 thousand units.
On the last trading day of the week, the total stock market index finally lost its height of 2.1 million units and by registering a drop of 56,900 units, it went down by 2.68% to end the third week of July at the level of 2,71,000 units.
The volume and value of retail transactions
The volume and value of retail transactions were very low on the first day of the week. The volume of transactions on this day reached 8.5 billion shares and the value of small transactions was only five thousand and 937 billion tomans. This start made traders feel more cautious about the coming days of the week. On this day, more than 214 billion tomans of real money were withdrawn.
On the second day of the third week of July, contrary to the downward direction of the total and equal weight indices, the volume and value of small transactions were associated with a relative growth. In such a way that the volume of micro transactions reached 10 billion shares and the value of micro transactions was 6 thousand 930 million tomans. On this day, the outflow of real money continued and reached 288 billion tomans.
On Monday, the volume and value of small transactions did not change much compared to the previous day; In such a way, the volume of retail transactions reached 10.2 billion shares and the value of retail transactions was 6,788 billion tomans. This was while the outflow of real money increased and reached 848 billion tomans.
The fourth trading day of the third week of July was associated with growth in the volume and value of retail transactions, so that the volume of transactions exceeded 14.6 billion shares and the value of retail transactions reached 8,310 billion tomans. On this day, the outflow of real money was accompanied by a jump and reached 1,738 billion tomans!
On the last trading day of the week, the volume of retail transactions decreased slightly and reached 12.6 billion shares. At the same time, the value of small transactions also experienced a drop and reached 7,382 billion tomans. On this day, the stock market also faced the withdrawal of more than 1200 billion tomans of real money!
Read more reports on the capital market page.