Pit breathing after 3 weeks.
The stock exchange in Tehran, after 3 weeks of decline, in the third week of November, recorded a return of 6.5% and the inflow of 20 hemati cash, made up for some of the recent losses. The reduction of political risk concerns was the reason for the improved transactions this week.
According to experts, the midterm elections on November 3 in the United States and the loss of the Republican majority in both houses of Congress can limit the scope of Donald Trump's powers in promoting his policy towards Iran.
According to analysts, this issue is one of the factors that moderates the fears of the escalation of tensions with Iran and the increase of optimism in the financial markets.
The range of 8 million units can be used as a support level for the capital market. As long as the overall index is above this range, there will be no serious concern about the market situation in the coming weeks.
Of course, we may witness an exchange of shares between buyers and sellers and an increase in supply and demand. Analysts say that in case of further easing of tensions, the next target of the overall index could be a range of 9.2 million units.
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The official channel of Donya Akhtaz newspaper.