What is the effect of Saturday stock market prediction / bond sales on the market?
According to Tejarat News, the stock market was not in a good condition this week and the transactions were relatively negative.
The total index of the Tehran Stock Exchange registered a drop of about 0.1% today, Wednesday. On this working day, the index had a relatively bad trend and reached the level of 1,439,000 units. The equal weight index entered the range of 411 thousand units with a relatively good growth of 1,120 units.
These days, the news of the JCPOA has caused a lot of confusion in the capital market, so that the total value of retail transactions today once again decreased below three thousand billion tomans and reached 2,600 billion tomans.
For several weeks, experts believe that the stock market has entered a recession due to the JCPOA news. But this recession has taken the life of the market. These experts say that the situation of the stock market will be the same until the JCPOA does not reach a clear result.
Saturday stock market forecast
Capital market expert Iman Raisi said in a conversation with Tejarat News: “Saturday’s stock market transactions will be the same as today and will not change much.”
He continued: It has been about two weeks since the total index was negative and compared to the balanced index, it was in a better position. The better condition of the equal weight index shows that investors have been more interested in small, medium and small industries.
Referring to the negotiations, this capital market expert said: the uncertainties of the nuclear negotiations are the cause of the negative reaction to the announcement of Sapia’s valuation. That is, due to the not so good signals of JAMAI when the valuation of Sapia announced the market reacted negatively. The car group has an effect on the whole market. On the other hand, the drop in commodity prices, the growth of oil prices and the conflicts in Iraq and the sale of bonds cause the capital market to react negatively.
Raisi finally said: “The sale of bonds has a negative effect on the stock market and it shows that the authorities are using this market.” This sale can have a long-term negative impact on the capital market.