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Will the stock market forecast for tomorrow / Capital market remain bullish?


According to Tejarat News, the total index of the stock exchange grew by 2,916 units yesterday and finally reached 1,574,000 units.

Webmelt, Hekeshti and Shasta symbols were the biggest increase in legal shares. The real attention was also focused on Midco, Shafnah and Fakhuz.

The Tehran Stock Exchange today, unlike yesterday, which recorded a growth of about 3%, could not meet the expectations of shareholders. Experts believe that yesterday’s jump was not a normal indicator and it is very unlikely that a repeat of yesterday’s trend will be repeated.

Experts believe that tomorrow’s stock market will experience a new trend compared to recent days. The overall index can not have a deep up or down.

What factors affect the stock market?

“Dollar groups became the savior of the stock market this time, and I assess the market as balanced for tomorrow,” Iman Raisi, a capital market expert, told Tejaratnews.

Raisi explains: “We are facing the last working day of the week in a situation where the country’s currency developments are a stimulus to change the market trend in a situation where other markets (cars, housing, gold) are traded in dollars more than the open market and inflation expectations move them.” Has accelerated.

He continues: This is in a situation where a negative divergence can be seen in the chart of Emami coins with a bubble above one million Tomans. After the action of the Central Bank and the issuance of a license to buy foreign currency from exporters, they took the path of reform, which, of course, will not mean a fall.

“Affected groups such as petroleum refineries and minerals, along with cement that has risen in price, can hit the index, which, of course, will cause heavy losses in the downturn,” Raisi said. In ascents, drip gains help to cross the 1600 resistance.

Read the latest capital market news on the Trade News page.

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