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واکنش عجیب بورس تهران به توافق هستهای
Jul 18, 2015
Tehran Stock Exchange, which has been grappling with the ambiguity arising from the nuclear negotiations since the beginning of the year and was eagerly awaiting July 1st (Tir 10th in the Persian calendar) and the start of the next round of negotiations, showed a strange reaction one day after the announcement of the nuclear agreement and turned red.
According to ISNA, Tehran Stock Exchange, which had prepared itself for a major leap a week before the historic agreement between Iran and the world powers and had brought joy to shareholders with a renewed increase in prices and demand, took a downward trend and turned red one day after the announcement of the outcome of the nuclear negotiations, amidst the disbelief of the shareholders.
Accordingly, the shareholders of Tehran Stock Exchange, who had been caught in a recession since December 2013 (Dey 92 in the Persian calendar) and had suffered severe losses, in the past week and in the final hours of the negotiations, sought to buy shares of companies, especially banking and automotive companies, to be able to gain some returns after the lifting of sanctions, but to their disbelief, they faced a price drop and an increase in selling pressure, especially in banking and automotive symbols, one day after the nuclear agreement.
Based on this, from the very first minutes of trading, the stock market index turned red, and despite the positive news regarding the lifting of sanctions, the selling pressure in the market gradually increased, so that in the end, the stock market index ended its work with a drop of 605 units and reaching the 68,827 unit channel.
Therefore, today, Tehran Stock Exchange showed a strange reaction to the nuclear agreement and, without paying attention to the news published from this agreement, emphasized the continuation of the downward trend, so that in today's transactions, the shareholders' desire to sell shares increased and shareholders wanted to sell their shares in different groups.
Of course, experts believe that the behavior of Tehran Stock Exchange today is due to the approaching time of holding the general meetings of large companies on July 22nd (Tir 31st in the Persian calendar) and the closure of their symbols, along with the pre-consumption of prices before the nuclear agreement and the need of some shareholders to provide liquidity, and the market will soon return to an upward trend.
Accordingly, in today's market, contrary to expectations, sell queues were formed in the market, and heavy offerings of shares by legal entities intensified this trend in many symbols, and while everyone expected to see the formation of buy queues in the market with the reflection of positive news, the prominent companies in the market faced selling pressure.
Therefore, in today's transactions, companies such as Mellat Bank, Bandar Abbas Refinery, Pasargad Bank, Saderat Bank, Tejarat Bank, Foolad, Parsian Oil and Gas, Isfahan Refinery, Mokhaberat, Ghadir, Ansar Bank, and Saipa had the greatest impact on the drop in the stock market index today.
Also, companies such as Bimeh Ma, Azarab, and Kish Credit Card had the most purchase demand, and banking and automotive companies such as Pars Khodro, Saipa, and Mellat Bank had the most sales demand.
However, in today's negative market, more than one billion shares worth 217 billion Tomans were traded, and the value of the capital market fell to the level of 298 thousand billion Tomans.
Jul 18, 2015
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