The Vietnamese stock market is showing signs of slowing down at the 1,750 resistance level with clear divergence in performance.
A pullback to find equilibrium around 1,700-1,780 points is necessary for the market to return to a longer-term uptrend.
Listed bank stocks are forecast to continue uptrend thanks to strong profit growth.
Foreign investors bought more than VND4.1 trillion (about US$161 million) worth of stocks on May 13, nearly three times the amount of the previous day.
Banking stocks, especially the Big 3 banks, in the Vietnam's stock market surged strongly as Q4 2024 financial results gradually came to light.
Business performance estimates for the first months of 2024 for the Vietnam Export Import Commercial Joint Stock Bank (Eximbank, HoSE: EIB) have begun to...
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