Why was the stock market negative today? / Negative impact of Bank Mellat 6-month report on the index

According to Tejarat News, after last week the total index of Tehran Stock Exchange calmed down unchanged at 1,430,000 units, today the stock market continued its negative trend of the previous week. In the first trading day of the week, the total stock index in the first half of the market recorded a drop of 24,000 units (more than 1.6%) to close the risk of losing the channel of 1.4 million units.

But why was the stock market negative today?

While the companies ‘six-month reports are being released, and many experts are well aware of the companies’ performance in the first half of this year, others believe that one of the reasons for the stock market decline these days is weaker than expected by some symbols. Simultaneously with the negative index, Bank Mellat published a report today. What impact did this report have on the stock market?

Mahshid Dadashzadeh tells Tejarat News about the total index and the balanced index today: “The six-month reports that have just been obtained have a short-term impact on the market.” These reports have made the market negative.

Dadashzadeh, a capital market expert, continues: It seems that the market will balance this week and we will not see a decline in it. The market trend is likely to be a bit negative on Monday and positive again on Tuesday to bring the market to equilibrium.

He explains: Bank Mellat’s report today had a great impact on the banking group, and the banking group also had an impact on other symbols.

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