The risk outweighed the value.
Sunday, October 25, 1405.
The stock market retreated again under the shadow of the risks.
The stock market started trading today with positive sentiments and hope for improving conditions, but this trend did not last long and with the increase in selling pressure we saw the price retreat again. Finally, about 55% of the market symbols ended their trades in the negative range; An issue that indicates continued caution and the predominance of concern around the trading environment. The short term trend of the overall index is still bearish and the equal weight index is also close to its short term support. If this support is maintained, we can still hope for a continuation of the upward trend in the short term of the equal weight index. However, supply pressure was higher in index-producing symbols than in small and medium-sized symbols. A withdrawal of 15 silver hemati; Funds are looking for a safe haven.
Cash flow is still one of the most important signs of market weakness. In the last three trading days, approximately 15 thousand billion tomans of real money were withdrawn from the stock exchange, and only in today's transactions was a liquidity withdrawal of 2.2 tons recorded. Also, the results of the last week's transactions indicate a withdrawal of 11.7 MT of real money; A figure that shows the increasing selling pressure and the increasing willingness of investors to reduce risk. On the other hand, fixed income funds hosted about 2 tons of liquidity today and gold funds also experienced the arrival of 1.2 tons of silver. This transfer of resources, along with the continued withdrawal of money from stocks, shows that some investors in the current situation prefer to move towards less risky options or gold-based assets instead of accepting the risk of the stock market. value of transactions; High mobility, no return to trust.
The value of transactions in small shares today reached about 46.7 Hamats; However, this volume of transactions failed to provide a clear indication of the return of stable demand to the market. At the same time, the value of queues for shopping reached 4.6 hem, which is one hem lower than the weekly average. On the opposite side, the sales queues were more than 360 billion tomans higher than the weekly average by registering about 4.9 MT.