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    Slight drop in index and pullback in the stock market today

    15 Sep 2020

    The stock market experienced a slight decline in today's trading and the amount of liquidity inflow shows that the ready-made index of pullback is at the previous broken level.

    According to the Gold Cafe, the total index of the stock exchange at the end of today's trading decreased by 794 units to 1,118,118 units.

    Meanwhile, the total weighted index increased by 1613 units and reached 359,090 units.

    Also on this day, 9 billion and 684 million shares worth 106 thousand and 797 billion rials were traded.

    The total OTC index also decreased by 19 units to 12,565 units, the most influential symbols in this index were Koghar, Saba, Zagros, Hormoz, Damavand, Vahor and OTC.

    Moving the market and reducing the inflow of liquidity can be a sign of the possibility of making a pullback for the market.

    It is likely that this will return to the broken resistance and, if completed, will have a catalyst to continue the upward wave of the market.

    However, it is possible for the market to grapple with this level.

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