Will stock forecasting/trading get a new life?
According to Tejarat News, the total index of the stock market last Wednesday was at 1 million 490 thousand units and this week it reached the range of 1 million 471 thousand units. These figures show a 1.2% drop in the total stock market index in the last week.
On the other hand, the value of capital market transactions was low this week. Many analysts believe that the reason for this issue is the closure of some symbols due to the holding of assemblies.
The value of transactions in this working week was equal to 4561 billion tomans on Saturday, 3977 billion tomans on Sunday, 3213 billion tomans on Tuesday, and 3573 billion tomans on Wednesday, which was a total of 15,324 billion worth of transactions this week.
On the other hand, this week we had almost 17 billion tomans worth of bonds sold in the market, which is considered a blow to the stock market and an influx of liquidity.
Also, the stock market is still waiting for the news of the block transfer of two icons, Car and Khasapa. This news has been circulating in the market for several months, and if reliable news arrives, we can hope for the growth of this group.
Saturday stock market forecast
Most experts and analysts of the capital market believe that due to the outflow of liquidity and the holding of meetings this week, the stock market transactions will be green next week.
Of course, some others believe that until the end of August, market transactions will go through a balanced downward trend.
Sara Fallah, a capital market expert, also said regarding the block assignment: The stock exchange is still waiting for the news of the block assignment of the two symbols Khodro and Khasapa. However, this news took so long and there were many rumors in the market in these few months, which may not have the necessary impact. But in any case, if the reliable news of the block transfer price is reported, the automobile industry will become the market leader.
Having said that, it seems that the stock market will go through a good trend next week. Also, if there is news about cars, this group will become the leader of the market.
Read the latest capital market news on Tejarat News Stock Exchange page.