Why did the value of transactions in the stock market decrease?

According to the economic correspondent of Fars news agency, in the week that passed, the Tehran Stock Exchange was able to partially overcome the shock created at the end of the previous week and experience balanced positive days. But today, the capital market increased by 2,000 units at the beginning of the trading period. But with the passage of time, the total index took a downward trend and finally the stock market returned to the channel of 2.1 million units during today’s trading.

Capital market experts believe that one of the factors of the continuation of trading stagnation in the stock market is the shock of the increase in industrial feed prices. It seems that the political risks of the market have increased and the uncertainties of the Iranian economy can lead to the migration of capital from the stock market to less risky asset markets.

In relation to the feed rate of petrochemicals and industries, it is said that despite the official announcement of the rate of 7 thousand tomans for the feed of petrochemicals, the government made a correction in the announced rates and it is supposed to be officially announced soon, which could cause a negative shock to the market. to end

Of course, the CEO of one of the petrochemical companies had stated in this regard that the government has agreed not to increase the fuel gas rate and that this rate is not going to change, and Khandozi, the Minister of Economy, had also talked about the possibility of changing these rates.

* Real shareholders have become extremely cautious

Ali Momeni, a capital market expert, in an interview with the economic reporter of Fars News Agency, said: Last week, the publication of some unofficial news regarding the feed rate of petrochemicals caused the negative atmosphere prevailing on the Tehran Stock Exchange due to the increase in the feed rate of petrochemicals to 7 thousand tomans. Hadi has a lesser effect on the transactions and the stock exchanges conduct their transactions with a more optimistic view.

He continued: In the meantime, the slow and gentle increase in the dollar rate in the free market cannot be without an effect. However, it still seems that caution has become one of the main pillars of stock market transactions in recent days and weeks, and with the current conditions, this caution of shareholders is likely to continue.

This capital market expert emphasized: The decrease in the value of transactions in the stock market can be due to the assembly season, with the end of the assembly season, a part of the stock portfolio of traders will come out of the frozen state, and there is a fear of real money leaving the market in this situation. Therefore, in the medium term, the movement of real capital will determine the trend of the index.

* The movement of the performance indicators of the stock exchange against each other

At the end of trading on Saturday, the stock market index fell by 7,524 units compared to the previous working day and went down to the level of 2,195,132 units. The return of this negative index was 34 percent.

But the total equal weight index of the stock market stood at 777,462 units with an increase of 1,285 units. The efficiency of this positive index was 17 percent.

The total OTC index also increased by 48 points to 28,490 points. Also, the over-the-counter equal weight index increased by 324 points to reach 143,938 points.

* Exit of real money from the capital market

On Saturday, the net change of legal to real ownership in the stock market was negative, and 199 billion tomans of real money was withdrawn from the stock market.

Today, Webmelt (Bank Mellat), Shasta (Social Security Investment Company) and Vepasar (Pasargad Bank) had the most real money withdrawals. On the other hand, the largest amount of real money was allocated to Fesbezvar (Sabzevar Steel), Kaveh (Kaveh South Kish Steel) and Dalqma (Laqman Pharmaceutical).

* An 11% decrease in the value of small transactions in the stock market

Today, the total value of stock market transactions reached 10,583 billion tomans. The value of debt securities transactions in the secondary market was 406 billion tomans, which includes 4% of the total value of market transactions on this day.

The value of retail transactions also decreased by 11% compared to the previous trading day and reached the figure of 5,800 billion tomans, which is the lowest figure in the last 5 days.

* Growth in the value of stock market queues

At the end of today’s trading, 302 symbols increased in price and 440 shares decreased in price.

In Saturday trading, 106 symbols had a buying queue and 33 symbols were facing a selling queue. The total value of shopping queues increased by 24% compared to the previous working day to 541 billion Tomans, and the total value of sales queues increased by 59% to 176 billion Tomans.

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