Next Week’s Market (May 6-10): Is Short-Term Risk Over?

The stock market has recovered positively after a drop of more than 100 points, as brokerage firms expect the short-term risks to have passed, especially as the pressure on the USD/VND exchange rate eases.

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The VN-Index increased by nearly 12 points, corresponding to 0.95% to 1,221.03 points during the two holiday trading session. The HNX also rose by 0.62% to 228.2 points and Upcom increased by 1.13% to 89.8 points. The market positively increased after the previous 100-point decrease, but the average liquidity per session is only about VND 15,670 billion, a sharp decrease compared to before, indicating that investors are very cautious and doubtful.

The Laborer newspaper excerpted the opinions of several brokerage companies about next week’s market trend.