Will the stock market assignment be determined this week? / Need to increase car prices by 30%

According to Tejarat News, the stock market started to decline today. The total index is in the middle of the market with about 2,000 units falling in the channel of one million and 347 thousand units. Scheffen, Steel, Shebandar and Khosapa had the most negative impact on the overall index.

Meanwhile, Khasapa, with an impact of 170 points on the index, is one of the negative symbols of today’s stock market, which reopened on Wednesday after about a month with a positive 4%. Some experts hoped to improve the status of the symbol of these two companies in the stock market after the 10 to 20% increase in the price of Iran, Khodro and Saipa, but some did not consider this amount sufficient to create movement in these two symbols.

Salman Nasirzadeh, a stock market expert, said in this regard: The stock market currently has three important ambiguities. The budget bill and negotiations will be assigned this week, and if the result is better than the market expects, we will grow. Otherwise, we will see more falls.

He continued: “In addition, the Federal Reserve meeting will be held this weekend to determine interest rates. There is a possibility of reducing expansionary policies and raising interest rates in the global market. This also affects our stock market.

Will the dollar save the stock market?

The expert further referred to the cash flow in the stock market and said: “We see a decrease in small transactions every week.” Sometimes this number does not even reach 3000 billion tomans. The current trend in the market is erosive and stagnant, and this will be the case until the existing ambiguities are resolved.

Regarding the impact of the increase in car prices on the stock market, Nasirzadeh said: “A 10 to 20 percent increase in cars cannot compensate for the loss of the carmaker’s production.” In order to create movement in car symbols, a price increase of at least 30% is required.

The expert also said about the possible impact of the dollar on the stock market: this impact is subject to the removal of ambiguities. It remains to be seen what decisions the government will make for the stock market in the budget bill, as well as the outcome of the negotiations.

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