Forecast of the stock market in October 2024

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Forecast of the stock market in October 2024

The month of September ended and the first trading day of the capital market after the autumn holidays began. 

The month of Shahrivar was spent with the changes and the announcement of the promises of the government men, and it seems that the stock market will react positively to this issue in the coming month and we will see a very good return in the month of October.

The total index of the Tehran Stock Exchange in the last month of summer, i.e. September, was able to obtain a return of 2.9% and compared to some markets, it had acceptable conditions.

It is expected that in October and in the autumn season, we will gradually see that investors and capital market activists will gain more confidence and that mistrust that was formed in the market during the last three to four years and investors had a risk aversion and fear will take its place. Give risk-taking and trust.