The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) ended the day at 1,052.8 points, a slight decline of 0.2 points or 0.02 per cent.
On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index lost 0.28 per cent to close Friday at 1,053.00 points.
Experts remain sceptical and believe that the VN-Index needs a long time to accumulate to create a bottom before returning to the uptrend.
In the context of not much supportive macroinformation and policies and increasing external risks, the VN-INDEX may be under downward pressure in March 2023, said...
Investors should pay due attention to the 1,000-point mark and monitor the market supply and demand in the context that the correcting trend will take the leading...
Investors remain concerned about rising interest rate, corporate bonds maturity date, and reduced profit growth of listed companies.
With the low liquidity, the VN-Index is likely to remain fluctuating in the range of 1,040 – 1,075 points this week.
Banks’ reducing deposit interest rates is driving cash flow back to the stock market, but investors are advised to take a prudent approach.
The selling pressure was quite clear in the last trading session of the week as the market’s breadth inclined to the downside.
The stock market in Vietnam is more likely to correct downward than to rise.
The rally in Vietnamese stocks still has a long way to go, with the consensus expecting the VN-Index to increase by over 20 per cent this year, Michael Kokalari, chief...
The VN-Index closed at 1,055.3 points after losing 0.82 per cent. With 463.9 million shares matched on HOSE, liquidity somewhat improved.
The market needs a period of accumulation in a narrow range to create a solid foundation before a new uptrend can be created.
But it locked a monthly gain in the first month of 2023 on back of foreign investors and strong rallies of financial and industrial stocks.
The VN-Index edged up slightly on Thursday despite two-thirds of shares dipped in the red, driven by growth of heavyweight shares.
The market's uptrend in the near future may slow down and the risk of correction is increasing, brokerage said.
VN-Index could reach 1,300-1,350 points within 2023, following a P/E target of 12-12.5x, said VNDirect.
Although the stock market in 2023 continues to undergo difficulties, the rising first trading sessions of the year predict that the market will recover.
Ahead of the Lunar New Year, Vietnam's stock market liquidity is still low. As a result, investors should exercise caution, according to VNDirect.
Many giants on the stock exchange saw a drastic fall in stock prices in 2022, with losses amounting to more than US$11 billion. This sharp correction of the stock market...
The smooth beginning raises hope that the market will run more actively, creating disbursement opportunities for short-, medium-, and long-term investors.
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