Car without landing location and time + price table.
Mysem Suleimani Mahini.
Unlike some other markets, the auto market did not show a noticeable reaction to the change in the political and economic environment in the transactions of November 11. On days when news related to diplomatic developments and the possibility of reducing tensions changed the expectations of currency market traders and sent a positive signal to the Tehran Stock Exchange, car prices remained at previous levels. As if the car market doesn't want to hear positive news right now.
▫ In the foreign exchange market, the dollar has been in a downward trend in recent days, and in today's transactions it sometimes reached below the range of 262 thousand tomans.
▫ This level is psychologically and technically important for some traders and its loss can reinforce downward expectations.
▫ At the same time, the stock exchange in Tehran witnessed the arrival of about 12 real money in the transactions of Tuesday, November 10; A record low figure, which together with the growth of the overall index by more than 2.7% and the positive nature of most symbols, testified to the significant optimism of the stock exchange participants.
Full report on the Echo Iran website.