Online economy; Behnaz Akbarpour discussed the capital market forecast today, Saturday, July 5, in a conversation with Ekhtazonline.
“In the last week, the capital market had a good overall situation and compared to the previous weeks, it showed better signs of balance and stability in transactions.
The important point was that the small and equal weight stocks had a better trading performance than the large symbols, and this shows that the cash flow has moved more than before to the stocks with lower market value and more suitable fundamental potential.
In contrast, major market symbols traded during a volatile week; So that on some days they were followed by sales pressure, negativity and even sales queues, and on some days, especially on the last day of the week, they were able to be accompanied by the luck of buyers and shopping queues.
This behavior shows that the market no longer moves in a uniform and emotional trend. In fact, the market has moved away from the space and conditions where almost all symbols were lined up for purchase at the same time, and has reached a stage where analysis, logic and fundamental view have gained a stronger role.
This change in atmosphere can be evaluated as a positive sign, because usually the markets that move away from extreme excitement provide more opportunity to identify real values and separate valuable shares from purely speculative symbols.
For the next week, we expect to continue to see green transactions in a significant part of the market, and the value of transactions will remain at higher levels than the previous averages.
According to the current conditions, it seems that the path of fundamental shares will be separated from non-fundamental and the market will focus on symbols that are in a more attractive position from the point of view of profitability, operational growth and value ratios.
In the meantime, stocks with a forward-looking P/E below 4 and even below 3 units are likely to receive more attention. Shares that are mainly seen in the group of small and medium-sized companies in the market and have a more reasonable growth capacity.
On the other hand, this week will be accompanied by the release of June production and sales reports; A theme that can add to the appeal of icons that provide more favorable reports.
Therefore, if the operating data of the companies are in line with or better than the market expectations, the probability of continued demand in this category of symbols is high. In general, it can be said that the market is more than ever ready for a serious separation between valuable and non-valuable shares on the eve of this week, and this issue can help to form more accurate and rational transactions.
