TEDPIX Crosses 8.4 Million; 5.5 Hemmat in Real Money Flows into Stock Market

Continued buying pressure on the Tehran Stock Exchange pushed the overall index up by 126,000 points to a record 8,460,000.

According to the economic reporter of Ambassador Arjan; On the fourth day of the week, the stock market showed the strength of buyers once again. During the trading of the 21st of October, the Tehran Stock Exchange witnessed the continuation of the upward trend of the indexes; This event shows that the desire to buy among retail investors is still alive and the market is recovering its position.

At the end of today's trading, the total stock market index reached a historic high of 8,460,000 units with a significant jump and growth of 126,476 units. This growth of 1.52% was recorded while at the same time, the total weighted index also increased by 38 thousand units and reached the level of 2 million and 220 thousand units, to show that greening is not only limited to index symbols and the whole market is on the path of growth.

Value of stock market transactions and liquidity pulse

Although today's trading volume has been slightly adjusted compared to the previous day, with 1.1 million transactions and a value of 42.300 billion tomans, we should not neglect the analysis of numbers. The total value of the market today reached 28 thousand hemats, which is equivalent to 111.4 billion dollars with currency calculations. This increase from 108 billion dollars in the previous day shows the improvement of the dollar value of the stock market in the eyes of investors.

More than 5 thousand billion tomans of real money

The golden point of today's transactions was the entry of 5 thousand and 500 billion tomans of real money into the small transactions; This number, when placed next to the entry of 3.6 Hemmati the previous day, informs the confidence of the shareholders in the market. Interestingly, in contrast to this influx of buyers, we saw the withdrawal of 3.3 thousand billion tomans from fixed income funds, which shows that the parked money has found its way back to risk taking in the stock market.

Pioneers and survivors of the stock market

In the list of symbols influencing the index, market giants such as Fars, Foulad, Femli, Shasta, Waghdir, Nouri and Parsan dominated. But on the front of real money inflow, the chemical group had the largest share in liquidity absorption by absorbing 1.3 hemt, metal ore with 1.2 hemt and basic metals with 787 billion tomans. Symbols such as Femli, Fezer, Tapico, Befjar, Fars and Shasta were also the leaders of the purchase list of the real ones.

On the other hand, the group of fixed income, leveraged, gold and silver funds faced the pressure of selling rights and witnessed the outflow of liquidity.

In total; Today's market registered 76% positive symbols (equivalent to 728 symbols), showing that buyers still have the upper hand. Despite some reductions in the value of transactions, the numbers indicate the turning of the cash flow towards the fundamental shares. It has to be seen whether this process of real money entry will continue in the coming days and break the next resistance barriers one after another or not?!