Which groups will lead the stock market next week? / Balanced trend of the stock market last week

According to the economic reporter of Fars News Agency, the capital market was accompanied by two completely different trends in the first week of July. On the one hand, the total index decreased due to the price drop of major symbols and index makers in different groups, but the equal weighted total index had a balanced trend due to the acceptance of small shares by small shareholders.

In other words, the capital market had a generally more balanced and stable performance last week than last week. These days, it seems that an atmosphere of doubt and caution prevails on the Tehran Stock Exchange, and the shareholders and market activists move with crutches.

Capital market experts believe that until the market takes an upward trend, there is currently no news of powerful money entering the market, and big money is waiting for an increase in the value of transactions to enter the market. The stock market has witnessed the withdrawal of real money from the stock market in the past weeks.

* Reducing the gap between semi-free and free exchange rates, the factor of stock market growth

Ali Momeni, a capital market expert, in an interview with the economic reporter of Fars News Agency, said: “In the coming week, we will continue to witness a low-prosperity market with a desire to rise.” Considering the hidden inflation in the heart of the economy, it is very likely to break the heavy resistance in the range of 1,600,000 units in the coming weeks.

He continued: In the current situation and considering issues related to political and international issues, Rial groups will continue to have a more stable situation in the market, and the news about the transfer of car manufacturers will increase their leading role in limited market demands.

This capital market expert emphasized: As long as the gap between the semi-exchange rate and the free market rate of the currency approaches its minimum, we can hope that the dollar shares will also grow well. When these rates are stabilized, we can see them relax in the upward cycle.

* 1.3% drop in the total index

In the first week of July, the total index of the stock market was accompanied by a slight drop. This index ended its work on Saturday with a drop of 13 thousand 59 and on Sunday it also experienced a decrease of 18 thousand 994 units, but on Monday the bar of loss was broken in the stock market and the total index increased by 2 thousand 725. unit and on Tuesday it had 10,369 units. Of course, on the last day of the week, this index decreased by 719 units.

In the first week of July, the total stock market index decreased by 19,678 points and reached the level of 1,513,715 points. The yield of this index was negative 1.3% this week.

* A decrease of 811 units in the total homogenous index

The total homogenous index increased by 368 points on Saturday and decreased by 4,977 points on Sunday and decreased by 389 points on Monday. On Tuesday, there was a change in the trend in the total homogenous index and it grew by 3,799 points and on Wednesday it increased by 388 points.

The total homogenous index dropped by 811 points last week and reached the level of 421 thousand 481 points compared to the last week of June. The return of this index this week was negative 19 percent.

* Decrease in the value of total transactions and small transactions

Last week, the average value of total transactions reached 33,125 billion tomans, which is a one percent drop compared to the last week of June.

The average value of retail transactions decreased by seven percent to 3,665 billion Tomans. In this week, the total value of small transactions reached 18 thousand and 325 billion tomans.

Now we have to wait and see when the money taken out of the stock market will return to this market and cause prosperity in the stock market and rise in the capital market indices.

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