VN-Index to struggle at 1,060 points due to weak demand force
The selling pressure was quite clear in the last trading session of the week as the market’s breadth inclined to the downside.
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
According to estimation, as of the end of 2022, outstanding loan balance of securities firms was VNĐ120 trillion (US$5 billion), a decline of VNĐ40 trillion over the...
VN-Index could reach 1,300-1,350 points within 2023, following a P/E target of 12-12.5x, said VNDirect.
Bank profits are forecast to be the bright spot in the fourth quarter 2022 financial report season, which takes place after the Lunar New Year.
Although the stock market in 2023 continues to undergo difficulties, the rising first trading sessions of the year predict that the market will recover.
Experts believe that in the period before the Lunar New Year, the index will fluctuate at a narrow level, but investors can still look for opportunities in short-term...
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 profit growth of listed companies is forecast to cool down in 2023 but experts said there are still many positive factors to support the market in the near future.
Many investors are worried about selecting a group of stocks and an investment plan in the midst of a rebound in the Vietnam stock market.
The Vietnam stock market has experienced ups and downs as a result of a variety of factors.
Foreign investors have net bought for the sixth consecutive week on the Vietnamese stock market.