When will the total stock index reach two million?
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According to Tejaratnews, the stock market trend today was accompanied by an increase in supply and a decrease in demand, and the refining, petrochemical, banking and base metals groups showed a greater tendency to reform and rest. Some capital market experts believe that the correction phase is normal today and the index will remain bullish until the end of the year.
“Tomorrow’s market will experience a balanced and ultimately positive trend,” Erfan Hoodi, a capital market expert, told Tejarat News.
“For various reasons, such as the failure of negotiations, inflation expectations, rising dollar prices and global tensions, it is a bullish glass, and we will probably reach the index of two million to two million and 300 thousand units by the end of the year,” he said.
Hoody says about the index becoming two million: Due to the elimination of the 4,200 Toman currency, many industries are affected and go up.
“If the world is at peace, world prices will fall and the stock market will fall,” he said. Also, if Borjam succeeds, the price of the dollar will fall, and given that more than 60% of the shares are dependent on global markets, it will eventually become a bearish glass hall. In the short term, the market will go up with a shock.
“Long-term investment in the stock market is profitable,” he concludes.