Benchmark Index Retreats on Last Day of the Week / 1.5 Hemmat Flows into Gold Fund
The stock market ended the week's final trading day in the red, with 56% of the market declining, while retail money flows changed direction again. An outflow of 816 billion tomans from equities and an inflow of 1.5 hemmat into gold funds showed that on the day the benchmark index fell, traders chose safer havens for their assets.
According to the economic correspondent of Tinelak; The business case of the last working day of the week in the glass hall was closed with a double treatment between the elders and the lesser symbols.
Analysis of trading trends shows that the total index of the Tehran Stock Exchange fell by 34,771 units (equivalent to 0.41%) to the level of 8,425,000 units.
At the same time, the value-weighted price index also recorded a drop of 5,748 units, reaching 1,392,000 units. On the other hand, the flow of transactions in medium and small symbols was appreciated by the shareholders; So that the equal weight index increased by 5,771 units to a height of 2,225,000 units.
In terms of the volume and value of transactions, the trading board showed the registration of more than one million and 291 thousand transactions with a value of more than 49 thousand billion Tomans. With this order, the total market value of the Tehran Stock Exchange stopped at the number of 28 thousand 879 hemats (equivalent to 110 billion dollars) at the end of today.
Despite the supremacy of demand on the side of queues, where the value of buy orders with 8.5 hemts had a significant gap with sell orders at 5.1 hemts, the overall balance of the symbol board remained in the red; In such a way that 56% of the market (542 symbols) were traded negatively and on the other hand, 44% of the market (422 symbols) were traded positively.
In terms of actual cash flow, the Glass Hall faced the withdrawal of 816 billion Tomans from retail transactions; The capital, whose main destination was risk hedging instruments, led to the registration of a heavy influx of 1.5 Hamats of new money into commodity and gold funds.
The analysis of industries shows that multidisciplinary industrial groups, chemical products, basic metals, pharmaceuticals, and in addition to them, stock funds with the largest outflow of real capital were affected; In the meantime, the symbols of "Taban", "Shasta", "Shespa" and "Vetjarat" were at the top of the money drain list.
On the other hand, the symbols of "Tasiko", "Webmelet", "Fares" and "Fazer" were called the pioneers of attracting real liquidity, and at the level of industries, gold funds (with the same 1.5 hemat input), metal ores, banks and investment groups were the most popular buying targets for traders.