Will the continuation of the negative trend in the stock / car market save the stock market tomorrow?
According to Tejarat News, the total stock index today, following the fluctuating market last Wednesday, faced a drop of more than 18,000 units and was in the channel of 1,378,000 units. In addition to the 1.32 percent drop in the overall index, the homogeneous index also fell 1.26 percent at the end of today’s trading. The total value of stock market transactions today was about 3,200 billion tomans.
Foolad, Fars, Shepdis and Nouri had the most negative impact on the overall index today. On a day when almost all market groups were in red, medicines, crops, and sugar rose.
Automotive, basic metals and chemicals were the top industrial groups today. Karin, Refining and Kamand recorded the highest transaction value and Khodars, Khapars and Karin recorded the highest transaction volume.
Also, the total OTC index today with a drop of 163 units was in the channel of 18 thousand 673 units and Aria, Bepas and Zagros had the most negative impact on the OTC index.
Ali Assari, a stock market expert, said: “Given today’s market situation, the negative trend will probably continue tomorrow in the first half.” In the second half, there is a possibility of return and growth in the market, provided that changes in the situation of the automotive and refining groups.
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