Booming deals, cautious demand; The stock market is on the way up.
The indices continue to rise in the shadow of the increase in supply: the short-term trend of the total and equal weight indices is still rising. However, trading today showed signs of increased supply in some symbols, along with maintaining the uptrend. The supremacy of demand in the market as a whole is still evident, but the behavior of traders at higher price levels shows that some market participants tend to recognize profits at the same time as the price increases.
transaction acceleration; Returning mobility to the stock exchange: the value of retail transactions today reached 56,718 billion tomans; A figure that is 29% higher than the weekly average and 39% higher than the monthly average. This level of trading indicates increased activity in the market and greater participation of traders. Meanwhile, the inflow of real money into stocks continued for the third day in a row and reached 639 billion tomans. The net flow of real liquidity on a weekly scale also reached 18,682 billion tomans; A flow that shows that the stock market has been the target of some of the investors' resources in recent days.
Seven days of withdrawals from fixed funds: Real liquidity withdrawals from fixed funds continued in today's transactions and with a record of 2,565 billion tomans, it was the seventh consecutive day of withdrawals from these funds. The weekly result also indicates a withdrawal of 11,714 billion tomans. At the same time as this trend, the entry of money into shares can be a sign of changing the composition of investors' assets and increasing the willingness to accept risk in the market; However, the continuation of this movement depends on the stability of the flow of money into stocks.
Large industries at the center of the transactions: The basic metals group accounted for the largest value of the transactions registering 6,181 billion tomans. The transaction value of this group was 1.2 times the weekly average. Chemical products with 4,000 188 billion tomans and metal ore production with 3,000, 651 billion tomans ranked next; The value of the transactions is 1.2 and 1.6 times the weekly average of these groups, respectively. The continued presence of these industries at the top of the transactions indicates that an important part of the liquidity is concentrated in large and influential companies in the market.