The Tehran Stock Exchange began its trading on Saturday, October 4, under significant selling pressure. The overall index of the Tehran Stock Exchange dropped by 103,955 units to reach 7,153,000 units. This decline occurred while the number of transactions exceeded one million, reaching 1,345,000 transactions.
Analysis of the Capital Market Situation
The value of retail transactions today reached 43.3 trillion tomans, indicating a continued significant presence of liquidity in the market. However, the increase in supply pressure and fluctuations on the selling side led to a sharp decline in the overall index. The symbols of Foulad, Aras, Shepna, Shabandar, Foolad, Taban, and Shasta were among the influential symbols on the trend of the Tehran Stock Exchange index.
Different Movement in the Over-the-Counter Market
On the other side of the market, the overall index of the over-the-counter market moved contrary to the Tehran Stock Exchange, increasing by 49 units to reach 57,661 units. The number of transactions in the over-the-counter market also reached 453,240 today, with the symbols of Maroon, Fazar, Koghar, Arya, Arfa, Neshkar, and Hormoz having the most significant impact on the trend of this market index.
Analyses conducted on today’s transactions indicate that the Tehran Stock Exchange started the first day of the week with selling pressure and a significant decline in the overall index. However, the registration of over 43 trillion tomans in retail transaction value shows that the market still has a high level of trading activity. This simultaneous heavy decline in the index with high transaction value may indicate an increase in stock transfers among traders and heightened market volatility.
Consequences of the Severe Index Decline
Overall, the Tehran Stock Exchange ended its session today with the overall index moving further away from recent peaks, and the supply side held a significant advantage in a considerable part of the market. This situation makes the trading trends of the upcoming days more important for market participants. While some symbols resisted the general market pressure, others continued to be affected by selling.
Economic actors and investors must closely monitor market developments and make appropriate and informed decisions considering the severe fluctuations. The current situation of the Tehran Stock Exchange clearly reflects the existing challenges in the capital market and highlights the need for greater attention to fundamental and technical analyses.
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