Turquoise market report returning the index with the attraction of sellers.
To understand today's deals, one must start from Shabbat. Pamli and Fars totaled about 60,000 units yesterday of the total decrease of 73,000 units of the index, and the selling pressure also spread to leveraged funds. So all these funds reached the sale queue at the end of the transactions. But today, despite Pemley's closing price in the negative range, the overall index grew by more than 111 thousand units and the equal weight also outperformed. This difference shows that, unlike the Sabbath, the demand is divided among more groups in the market.
The most important point in today's deals was the withdrawal of sellers and not an increase in buying power. Real sales per capita decreased from 157 to 103 million tomans, while purchases per capita reached 124 million tomans. The ratio between purchasing power and real sales was around 1.2 units and although it decreased compared to Saturday, the significant decrease in supply pressure can provide a basis for strengthening demand in the coming days. This change in behavior is also evident in leveraged funds; Moj reached the buy line in the second half of trading and recorded a money flow of more than 17 billion tomans.
In the metals group, Femal transactions again showed the importance of separating symbol performance from the entire industry and managing the weight of the stocks in the portfolio. Cash copper in London fell by 2.5% last week, and today Femli Cathode traded at a rate of 2.88 million tomans per kilogram, which was 4.6% lower than the previous supply. While the base price fell by only 1 percent, buyer competition rose from 12.7 to 8.6 percent. Therefore, an important part of the decrease in the transaction rate was due to the decrease in competitive demand; An issue that can affect the estimation of Ibn Pamli's sales revenue.
However, being negative on a major icon does not necessarily mean weakening all investment tools in this industry. The difference in performance of major metal symbols highlighted the importance of weighting and active portfolio management. Today, despite the selling pressure in some of the metal giants, Mesgon recorded the highest positive daily fluctuation among the funds of the metal sector and became the leader in the value of transactions of this group. In the food group, the salt reached the buying queue in a deal of about 81 billion tomans.