Yuanta Securities Vietnam experts believe that the market could continue its upward trend, with the VN-Index fluctuating around 1,225 points. Simultaneously, the market is still in a short-term accumulation phase, so it may continue to trade within a narrow range with low liquidity, but short-term risks continue to decline gradually. Notably, the sentiment indicator continues to rise sharply, indicating that investors are less pessimistic than in previous trading sessions.
In May and possibly the second quarter, the market will experience alternating periods of gains and losses with a wide range, allowing indices to extend their recovery. This is the ideal time for investors to focus on portfolio restructuring and adjusting their stock exposure. VN30 and blue-chip stocks should be prioritized for increased allocation during market corrections due to their solid fundamentals and reasonable valuations.
Now is also a favorable time to increase assets if investors take advantage of preferential margin lending packages offered by brokerage firms. This can be used as leverage to increase investments in growth stocks, potentially multiplying returns.
Attractive Margin Rates of 6.6% and 500 Additional Offers for Investors
Following the announcement by Yuanta Securities Vietnam of its preferential interest rate program “Grand Birthday Celebration – Margin at Only 6.6%,” which is the most competitive in the market today, and is available to the first 500 clients who open new margin accounts between April 8, 2024, and May 8, 2024, the response from clients has been overwhelmingly positive. In just two weeks since its launch, over 500 clients have registered, exceeding the number specified in the program’s terms.
Therefore, to express gratitude to clients and continue supporting investors during this challenging market period, which also presents a “golden” opportunity for stock investment as risk factors have now been reflected and valuations have become more attractive, Yuanta Securities Vietnam has decided to increase the number of registrations for the preferential 6.6% margin rate to 1,000 (an additional 500).
The offer includes a margin interest rate of 6.6% per annum for the first 1 billion VND of outstanding debt and 12% per annum for the portion of outstanding debt exceeding 1 billion VND. This is considered the most attractive interest rate in the market. The promotional period will last for three months from the business day following the successful account opening date or the date of successful registration for the program.
The participation requirements include opening a new margin account between April 8, 2024, and May 8, 2024, and also apply to clients who had margin accounts prior to April 5, 2024, but had no transactions or outstanding balances from January 8, 2024, to April 4, 2024.
Seize the 6.6% Margin Rate to Multiply Your Stock Investment Returns
Utilizing margin not only enhances an investor’s ability to generate profits from trades but also allows them to invest more than they actually own. This creates the potential for greater returns and optimizes investment performance in positive market conditions. Furthermore, using margin provides investors with the flexibility and agility to capitalize on short-term investment opportunities as they arise in the market.
Ms. Tram Anh, an experienced investor, shares: “Using margin has helped me seize investment opportunities more flexibly and effectively. As a result, I have achieved successful investments with impressive returns. Notably, I participated in Yuanta Vietnam’s “Grand Birthday Celebration – Margin at Only 6.6%” program, which helped me save on costs and increase my investment capacity. However, I always maintain a prudent approach and avoid taking unnecessary risks. I only use margin when I fully understand it and have a specific investment plan, carefully considering the potential benefits and risks.”
Investors at Yuanta Securities Vietnam’s trading floor
Mr. Thanh Cong, a client of Yuanta Securities Vietnam, shares: “My experience using margin and participating in Yuanta Vietnam’s preferential interest rate programs has been very positive. It has opened up greater investment opportunities for me and increased my earning potential. Specifically, preferential programs such as YST+ Margin Account and “VIP Interest Rates for VIP Clients” enhance the value of trading at Yuanta Vietnam. I am also impressed by the “Borrow More, Pay Less Interest” program, which helps save on costs and increases my investment capacity.”
In addition, Yuanta Securities Vietnam offers a range of preferential programs tailored to investors’ needs, such as “YST+ Margin Account,” “VIP Interest Rates for VIP Clients,” and “Borrow More, Pay Less Interest.” Investors can leverage the advantages of the YST+ specialized margin lending product to maximize returns on their investments. The VIP Interest Rates program is designed for Yuanta Vietnam’s VIP clients, ensuring that they receive the best offers and services. The Borrow More, Pay Less Interest offer provides opportunities for investors seeking to maximize their investment potential, with attractive interest rates and flexible borrowing terms. These are diverse and flexible financial solutions that cater to the investment needs of all clients, from those new to the market to experienced investors.
The “Grand Birthday Celebration – Margin at Only 6.6%” preferential interest rate program, in particular, along with other ongoing promotional programs at Yuanta Securities Vietnam, unlocks numerous investment opportunities for clients to grow their wealth and contributes to the further development of the market this year.