Shares struggled to maintain the uptrend as many shares turned dark in the afternoon session, showing faltering investors’ psychology amid mixed economic data.
Investors are likely to have few opportunities to disburse when the market is entering a sideways state with low liquidity, said brokerages.
Shares gained for a fourth straight session on Friday thanks to the sharp rise of large-caps in the securities and real estate group, supporting the overall market.
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.
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.
Since early 2023, the Vietnamese stock market has been volatile. What will continue to drive this market in the future?
With the low liquidity, the VN-Index is likely to remain fluctuating in the range of 1,040 – 1,075 points this week.
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 first trading month of 2023 saw only 16 sessions due to the Lunar New Year holiday break, but nonetheless, Foreign Exchange Traded Funds poured in more than VND2,247...
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 prospect of economic growth and market upgradation is the driving force to attract cash flow into the stock market.
The market's uptrend in the near future may slow down and the risk of correction is increasing, brokerage said.
Foreign investors' confidence in the Vietnamese stock market is reflected in net buying activities, especially in the last months of 2022
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