Which industries are growing after Borjam? / Trust the stock market?
According to Tejarat News, the stock market in the last week of September faced a wide decline in the index and the index lost its entire resistance range and reached the range of 1.3 million units. Will the stock market trend change in the coming days?
Ali Assari, a stock market expert on the stock market trend in the long run, believes that Borjam negotiations, regardless of any outcome, have raised shareholders’ fears and prevented liquidity from entering the market.
He added: “The capital market trend will definitely be positive in the long run, while there are obvious backwardnesses in the parallel markets such as the dollar, housing and cars, which will probably find their main position with a time gap.”
Ali Sadeghin, another stock market expert, said about the industries that are growing after Borjam: “Assuming the formation of Borjam revival in the country, inflation expectations will decrease and the dollar exchange rate will be formed.” As a result, import-oriented industries that have been greatly affected by the sanctions will grow at this point.
He added: “Automotive groups, parts companies, banks and financial intermediation institutions are among the industries that are growing after the revival of Borjam.” But if the outcome and negotiations do not reach a conclusion, commodity-based industries, petrochemicals and mineral minerals will have an upward trend.
Salman Nasirzadeh also said about the stock market trend after Borjam negotiations: “If Borjam negotiations are concluded, it is likely that there are structural differences with Borjam in 2015 and in the short term it will have a temporary effect on the dollar exchange rate, psychologically the industries that suffered from Borjam Such as cars, transportation and banking, in the short term will be the focus of stock market participants. But if we assume lasting political stability in the long run, all industries will certainly be able to improve structure and performance, but there are many doubts about the stability of political stability.
Thus, it seems that if the negotiations are concluded, the dollar industries and the import-oriented stock market will have a significant growth. However, according to many stock market experts, if Borjam does not reach a conclusion, the dollar will fall from 23,000 tomans to unpredictable For this reason, the stock market downturn is largely unimaginable.
According to experts, the stock market decline in recent weeks is due to the government’s negative signals about the stock market industry and ambiguities in anti-inflation policies. Of course, unplanned initial public offerings also saw a further drop in the market, taking about $ 5,000 billion in liquidity out of the market. Therefore, until the market returns to equilibrium and shareholder confidence returns, the market trend will be reformed.
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