Increase with supply seasoning.
The stock exchange at the decision station.
Exchange transactions were carried out on Sunday, November 8 in the value of 50,937 billion tomans; A figure that is 32% higher than the weekly average and 29% higher than the monthly average. Despite the significant increase in deal value, real cash flows still reflect signs of investor caution; So in today's transactions, 3,000,141 billion tomans of real money were withdrawn from shares and pre-emptive rights.
The short-term trend of the total and equal weight indices is still considered bullish; However, trading today was mixed with ups and downs. The total index at the beginning of the market reached the range of 8,229,000 units, but with the increase in supply it returned a significant part of its initial growth. This behavior shows that the continuation of the upward trend of the market still depends on the power of demand to deal with the selling pressure.
The flow of real money in the weekly period shows the arrival of one thousand and 528 billion tomans; However, in today's transactions, money is attracted. On the other hand, fixed income funds also faced the withdrawal of real money for the fourth day in a row and experienced a withdrawal of 3,242 billion tomans in today's transactions. The weekly flow of these funds also reached 2,369 billion tomans; A trend indicating an increase in capital outflow compared to the monthly average.
The order situation also indicates the simultaneous existence of demand and supply in the market. The value of shopping queues reached 7.15 billion tomans, which is 64 billion tomans less than the weekly average. On the other hand, the value of the sales queues was 521 billion tomans higher than the weekly average, and recorded a figure of 2,718 billion tomans. The distance between these two indices is still in favor of demand, but the increase in sales queues cannot be ignored.
Among the listed industries, basic metals with 6,888 billion tomans and chemical products with 5,944 billion tomans accounted for the highest transaction value. Petroleum products were also ranked next with a transaction value of 2,576 billion tomans. In terms of growth in the value of transactions compared to the weekly average, production of metal products 5.7 times, electrical machines and devices 3.5 times and chemical products 2 times.