Optimistic Prospects for the Year-End

Analysts from MBS offer a positive assessment of the economic situation towards the end of the year. They note that the State Bank of Vietnam has been actively managing liquidity and interbank interest rates are on a downward trend. The most evident signal of support for the market is the cooling of exchange rates, as foreign investors have returned to net buying for four consecutive sessions (from November 22 to November 27) after a record-breaking net selling streak of over $3.3 billion across the entire market since the beginning of the year until November 21. This shift in sentiment has attracted bottom-fishing money flows to undervalued sectors such as real estate, securities, and oil & gas.

As the year draws to a close, Vietnam’s stock market is receiving increasingly positive news and policy support. In Prime Minister’s Official Dispatch No. 122/CĐ-TTg dated November 27, the Prime Minister instructed the State Bank of Vietnam to implement eight key tasks to achieve a 15% credit growth target and ensure the smooth, safe, and efficient operation of the banking system. Additionally, the market welcomed several positive policy announcements, including a 2% reduction in value-added tax (VAT) for certain goods and services for an additional six months, extending until mid-2025, to stimulate consumer demand. The National Assembly is also expected to pass the amended Law on Electricity this week, with a focus on privatizing the electricity industry from 2025.

These developments lay a solid foundation for a brilliant transformation in Vietnam’s stock market in the final month of the year, with the goal of surpassing the 1,300 mark and continuing to conquer new heights.

MBS Offers Unparalleled Promotions

The positive market outlook for December 2024 presents a great opportunity for investors to boost profits and accumulate wealth. Recognizing this, MBS, one of the largest securities companies in the market, has launched a margin interest rebate program called “Margin Shock,” offering a golden opportunity for investors.

Specifically, from now until the end of December 2024, investors will receive a 100% rebate on margin interest for loans taken out on the first day of the program. This offer is available to investors who use the MBS Online active trading service and have not previously borrowed on margin. Notably, the borrowing limit can reach hundreds of millions of dong per customer. The interest rebate will be credited to the customer’s TKCK account (ending in 8) at MBS within 15 working days after the program ends.

While other securities companies offer margin interest rebate programs, MBS is currently the only company in the market providing a 100% rebate. This is an excellent opportunity for first-time margin users to save on interest expenses and psychologically ease into margin trading without worrying about costs. Additionally, investors can use the rebate amount for reinvestment, increasing their potential for future profits.

MBS also offers attractive promotions for experienced margin traders. With an interest rate of 7.7%, investors can enjoy this rate for six months (instead of the usual three) for all stock codes. The limit for one customer in this program is up to VND 5 billion, nearly ten times higher than similar programs offered by other securities companies, and without restrictions on specific stock codes. If investors are looking to leverage market opportunities in December, MBS’s 7.7% margin interest rate is a top choice and a competitive option in the market.

Notably, when opening a new trading account with MBS between now and December 31, 2024, investors will enjoy a lifetime waiver on basic trading fees. This is a breakthrough policy in the current market, as most other companies offer either indefinite or short-term waivers. MBS is the only top-tier securities company offering a lifetime waiver on basic trading fees, demonstrating its commitment to customer benefit.

By partnering with MBS, investors can take advantage of the most attractive “double” promotions in the market, including lifetime basic trading fee waivers, interest-free trading in December, and low-interest margin trading for six months. Whether you are a new investor (F0) or an experienced margin trader, MBS is a reliable choice, offering a large-scale, professional platform coupled with nearly unprecedented competitive promotions.

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