Why was the stock market positive? / Will this week’s index reach 1.4 million units?
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According to Tejarat News, this week’s stock market trading started with a growth of 23,000 units (in less than an hour), while last week the overall market index ended its work with a positive return. After the market was not happy with the release of the 1401 budget figures, 10 orders of the Minister of Economy to support the stock market were considered by the workers, and the market faced an increase in demand and a decrease in sales pressure.
However, although most experts believe that the market will be mostly green this week, they do not think this growth is very sustainable. Experts say that in order to improve the market, the trust of small shareholders in the market must be maintained, which requires practical measures.
Ali Assari, a stock market expert, believes that the cyberspace storm, the positive signals sent by politicians, as well as the unblocking of certain trading codes, were the three main factors behind the stock market’s growth last week.
Payam Eliaskordi, a capital market expert, also stated about the possibility of the index passing through the 1.4 million unit channel: Or not. “Next week is a very important week, given the stock market’s two failed attempts to break out of this downtrend.”
“The continuation of the positive trend in the stock market depends on the fact that the homogeneous index can break 365,000 positive upward units,” said Borzoo Haghshenas. “Otherwise, we will probably have a few more negative days.”
“The trading volume, especially the retail volume, is very low and the per capita purchase of real estate is not interesting,” said Ali Sadeghin, a stock market expert on stock market developments over the past trading week. “We have seen real money flow out over the past week, but something has happened in the market that is a glimmer of hope.”
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