Sellers Flood the Market | 34,000-Point Index Drop Sounds the Alarm?

The stock market faced backlash from market participants after Trump's increasingly negative remarks about the war with Iran, triggering an index decline and capital outflows.

Economic Group - Mehdi Safai: In today's transactions, the power of suppliers and the selling pressure caused by the increased threat of starting a new wave of attacks against Iran by Trump resulted in a decrease in the total index by 34,770 units. With this drop, the total index reached eight million and 425 thousand units from the level of eight million and 460 thousand units.

It should be noted that before the widespread publication of Trump's statements, in the first minutes, the total index had recorded a rise of 17,000 points.

The total equal weight index, which had reached the level of 2,244,000 units in the first minutes, finally reached the level of 2,225,000 units with an increase of 5,770 units compared to the previous day.

In general, 45% of symbols were positive in today's trading. In other words, there were 432 price increase symbols and 532 price decrease symbols. The number of buying and selling queues reached 258 and 198, respectively.

The remarkable thing about the number of positive and negative symbols was the increase in the number of positive symbols at 10:24. So that in that minute, the number of positive symbols was 486 and the number of negative symbols was 473 symbols. This change in volatility indicates doubt in the transactions and uncertainty of the continuation of the market path has occurred in the shadow of political uncertainty.

According to the data, the value of transactions reached 53 hemats and the volume of transactions reached 1.1.7 billion shares. Also, the value of purchase orders was 11.8, of which 11.2 percent were in the purchase queue. The value of orders and sales queues was also recorded around 6.8 and 6.4 hemats.

It should also be said; Real buying and selling per capita in today's transactions was recorded at around 90 and 128 million tomans, respectively. This statistic indicates the high power of the suppliers, but the outflow of money of around 800 billion tomans shows that the situation has not reached a critical level until the risks intensify.

Based on the information recorded today, chemical groups, basic metals, and banks recorded the highest transaction value, bank, automobile, and basic metals groups recorded the largest volume, and chemical, metal ore, and basic metals groups recorded the highest number of transactions.

Statistical data shows that metal ore groups, gold funds, and banks experienced the highest inflow of real money, and fixed income funds, multidisciplinary and chemical groups experienced the highest outflow of real money.

Today's transactions were accompanied by money inflows for Tasiko, Webmelt and Fars symbols, and money outflows for Taban, Shasta and Shaspa symbols. Also, the symbols of Tasiko and Taban were the most purchased by real and legal entities.