Will the first reaction of the stock exchange to the lifting of some sanctions / the stock exchange remain positive or negative?
The Associated Press reports that the Biden administration has lifted some sanctions on Iran’s nuclear program. Experts say the news could have a positive effect on the stock market.
News Agency IRNA “The Vienna talks are at a critical juncture,” he wrote on his Instagram page.
Reuters, like the Associated Press, reported that the United States was lifting sanctions on some of Iran’s nuclear activities, such as the Bushehr nuclear project, the Arak heavy water plant, and nuclear research, to facilitate negotiations with Iran.
Based on data Stock Exchange and Securities Company By 10 o’clock, the total stock index, after growing by 4,758 units, was at a height of 1.5 million units. Also, the total homogeneity index increased by about 0.2 percent.
The positive effect of lifting sanctions on the stock market
“Reducing some sanctions can have a positive effect on the stock market as a whole and most industries,” said Fardin Aghabzorgi, a capital market expert on lifting sanctions.
“This news can have a positive effect on the overall capital market,” Mohammad Khabarizad, a financial markets expert, told Tejarat News. But what is the reaction of the dollar market to this issue? If we have a sharp decline in the dollar exchange rate in the market. The lifting of sanctions on the dollar industry may not be positive at first.
“The market needs to understand the details of lifting sanctions in order to navigate,” explains the financial markets expert.
He emphasizes: Currently, this news will have a positive effect on some stock exchange industries, such as automobiles and banks.
Khabarizad continues: We have to wait for the confirmation of the news of the lifting of sanctions by the Iranian and American authorities.
“The reaction of the dollar market to this news is important,” explains the financial markets expert. If the dollar does not fall much after the lifting of sanctions, we can say that the capital market is making a huge profit and we may have a gold market in the coming days.