Investors‘ expectations are more moderate in this quarter. The value of the index fell slightly last quarter and fell further this quarter again. The results of this quarter reflect investors’ expectations after the start of the war in Ukraine and in the context of other challenging events. The value of the index fell slightly compared to the previous quarter (1.057) and currently stands at 1.025. On the other hand, comparing the value of the index with the same period a year ago, the change is significant. In the second quarter of last year, the value of the index was the highest since 2017. However, when the index value is greater than one, investors have more positive than negative expectations.