Weekly returns of the stock market/swinging behavior of stock market indices in the second week of August

According to Tejarat News, the analysis of the transactions of the second week of August shows that the total index tried to maintain the height of its weekly candle in four trading days. So that with every strong rise, it compensated for its strong fall. But it is also necessary to mention that the rise of the last trading day of the capital market was due to the growth of the dollar. In this way, production and sales indicators or fundamental elements had no effect on the growth of the stock market.

It must be said that as long as the only driver of the stock market is the fluctuations of Ferdowsi Square, the current situation will continue and any rise or fall is only a short-term movement. To prove this point, just looking at the Kodal site is enough. Last spring, most of the listed companies published good reports. But the capital market not only did not pay attention to it, but considered the increase in profitability as negative news!

Stock market in the second week of August at a glance

A look at this week’s capital market transactions shows that the stock market transactions on Saturday were low. So that the total index decreased by 0.19 percent on this day and the balance of two million units was lost again. The equal weight index, however, did not change its height and remained at the same level of 711 thousand units.

The volume of stock transactions, preemptive rights and equity funds on this day was 6 billion 800 million shares and the value of these transactions was 4 thousand 324 billion tomans.

Sunday

On Sunday, however, the behavior of the total index was more severe and registered a strong decline. So that the main indicator of the capital market reached the height of one million and 967 thousand units with a decrease of 1.46%. The same thing happened in the index of small companies of the market and the equal weight index showed a balance of 697 thousand units with a decrease of 1.93%.

The fall of the stock market indices caused the increase in the volume and value of transactions. So that the volume of stock transactions, preemptive rights and equity funds on this day was 10 billion 100 million shares and the value of these transactions was five thousand 756 billion tomans.

Monday

With the start of trading on Monday, balance returned to the market little by little and there was no news of exciting offers on Sunday. So that at the end of Monday trading, the total index returned to a height of 1.973 thousand units with a growth of 0.32%. Equal weight index also increased by 0.25 and reached the level of 699 thousand units.

The volume of shares, preemptive rights and mutual funds transactions on this day was 7.5 billion shares and the value of these transactions was 4.342 billion Tomans.

Tuesday

Tuesday’s trading was affected by the possible change in the feed rate and the increase in the price of the dollar. This caused the total index to increase by one percent and reach one million and 993 thousand units. The equal weight index also behaved in line with the total index and recorded a balance of 705 thousand units with a growth of 0.97%.

The trading volume of shares, preemptive rights and mutual funds on this day was seven billion and 500 million shares and the value of these transactions was 4,862 billion tomans.

Entry and exit of real money

A review of this week’s transactions shows that the stock market saw an outflow of 213 billion tomans on Saturday. This withdrawal happened more intensively on Sunday, and the average transactions of this day resulted in the withdrawal of more than 1,100 billion tomans of real money from the stock market.

The speed of money outflow decreased in Dushanbe and this number reached 264 billion tomans. Finally, on Tuesday, with the relatively good growth of stock market indices, the stock market witnessed the arrival of real money. However, this number was very small compared to the money withdrawn from the stock market. In this way, on the last working day of the week, about 98 billion tomans of real money was injected into the Iranian stock market.

Therefore, the outcome of the transactions of the second week of August was the withdrawal of 1,480 billion tomans of real money from the stock market, and once again people’s fear of the capital market was confirmed.

Read more reports on the capital market page.