Although the growth of indices in the capital market always increases with the increase in the price of currency, but this time not only the increase in the price of the dollar did not help this market, but also the legalists could not untie the knot from this market with their limited support. A car also coordinated with the negative flow of the market and registered its red cover on the last day of trading.
Khodrocar - The capital market returned to the height of one million and 631 thousand units yesterday with a drop of 52,902 index units to stop the growth that took place last week, while the legal protection was able to cover the market from red. Save that by stopping this support, the growth of the stock market also stopped.
Meanwhile, the cars also experienced busy days and turned red yesterday.
Meanwhile, the study of the market trend in the past few days showed that the queue of car sales, in terms of Rials and psychology, intensified the offers these days.
Meanwhile, Saipa and Iran-Khodro had returned after the reopening of the assembly with a large increase in capital.
Experts believe that the most important destructive effect has been the implicit and indirect direction of liquidity towards these symbols. Meanwhile, an examination of these symbols in yesterday's trading shows that cars were also in line with other large groups with supply pressure, and cars, Khasapa, Khagstar and Khazamia were traded with a drop in prices.
Meanwhile, a review of prices in the automotive group also shows that after the holidays earlier in the week, prices were down and yesterday saw a decrease, so that each share of Khosapa reached 330 Tomans at the end of yesterday's working hours. The car was also affected by this fluctuation and the price decreased from 399 tomans to 382 tomans
Khbahman, who has always had legal support from the past weeks and has the highest stock price of the automobile group, has not been spared from the fluctuations of the capital market these days, so that yesterday, with a price of 3452 Tomans, he worked in this market. He concluded that there was a significant decrease compared to the first week of September. Khakerman, who had experienced a price above one thousand tomans per share, also reduced the price to 925 tomans per share.
Meanwhile, capital market experts had previously predicted that not all car symbols would soon be traded for less than one thousand tomans per share, but the current policies applied in the capital market shattered all predictions.
Experts in this attractive and risky market believe that the market is re-testing its demand and strength for confidence, and the sales made in this market are normal, because with each return, a number of oscillators enter, which a few days later, try to They sell, so at least a week of steady demand is needed to restore confidence, and the dollar and its exchange rate will be very influential.
According to Khodrocar, the news indicates the possibility of price correction in the automotive industry, and considering the difference between the car price in the factory and the free market, the necessary ground has been provided for price correction. Meanwhile, the production plan of new cars is under consideration, and with the start of production and their entry into the market, car stocks will undoubtedly be affected by these positive events.
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