Will the prediction of the Saturday Stock Exchange/Glass Hall change its course?
According to Tejarat News, the total index Exchange In the past week, it experienced a drop of less than one percent and reached the range of one million and 490 thousand units. The total equal weight index also reached the level of 407 thousand 12 units with a decrease of 2.7 percent. On the other hand, the total OTC index experienced a decrease of 1.6%.
In the last week, the total index entered the range of 1,400,000 units, and shareholders started selling their shares for fear of further decline.
On the other hand, on Tuesday, at the beginning of his weekly press conference, Ali Bahadri Jahormi spoke about the capital market and believed that the total index of the stock market has grown by 10% since the beginning of the 13th government, which means that the stock market is stable.
This official further stated that the government is looking at Exchange does not have. One of the serious policies of the government is that shareholders’ dividends were paid with follow-ups. More than 4 thousand billion rials have been distributed. The stock market activists reacted to these statements of the government spokesperson and said that the total index of the stock market is fake.
Saturday stock market forecast
Fardin Aghabozurgi, a capital market expert, told Tejarat News: Considering the market trend, there was a big drop in the last week. The release of financial statements and company assemblies makes us have a calm market, but it is not possible to predict the excitement of sales. As in April 2018 and June 2019, we had real money inflows, and it has been proven that this money inflow was a mistake. Currently, withdrawing real money is not a correct decision because the intrinsic and transactional values are at the same level.
Experts believe that Exchange In the next week, it will experience a balanced downward trend. That is, the index may grow a little in some days and decrease in other days. But in general, the trend is downward and harmful.
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