What effect does the stock market hope on the dollar price / cancellation of the car price increase affect the stock market?

According to Tejarat News, the stock exchange ended its work with a positive trend last week by suspending car symbols. The total index with a growth of more than 8,800 units (0.6%) was in the range of 1,456 units. With the release of car prices, experts hoped that the stock market would be positive earlier this week, but one news item shattered forecasts.

Last night, with the news of the suspension of the increase in the price of domestic cars, the forecasts changed, and now some believe that the upward trend of the market is changing, and the market trend is probably fluctuating, and the conditions of cars are not favorable.

Peyman Haddadi, a stock market expert, told Tejaratnews about the market trend tomorrow: “Tomorrow, according to the news regarding the cancellation of the new car pricing, we will probably see negative fluctuations at the beginning of the market.” The cancellation of the car price increase will fuel past distrust in the market.

He continued: “If the growing trend of the dollar price in the market continues tomorrow, we will see the transfer of liquidity in the market from automobile and banking groups to petrochemical, refinery and metal groups.”

Haddadi added: “These industries will benefit from the growth of the dollar price and they also provided good reports.” Medium and small groups that have a direct impact on the abolition of 4200 Tomans, such as food and sugar groups will be considered tomorrow.

This expert stated: If the value of small market transactions over 6,000 billion tomans turns green tomorrow, it seems that we will have a good week ahead. The total index in these conditions can reach the range of 1.5 million units.

Read the latest stock market forecasts every day at 5:00 PM on the Trade Exchange News Forecast page.