We all have our strengths and weaknesses. Illustration by Tuan Tran
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Yen Chi
The VN-Index Bounces Back After Plummeting to 1,200
The VN-Index witnessed a significant rebound, climbing from the 1,200 level on November 19th to reach a high of 1,250 points by the end of the trading day on November 30th.
The Foreign Sell-Off: VN-Index Takes a Tumble
On November 6, the 47th US Presidential Election saw a victory for billionaire Donald Trump, sparking a surge in the Dow Jones Industrial Average of over 1,500 points. The S&P 500 and Nasdaq Composite also reached new record highs. The VN-Index witnessed a significant boost, climbing 15 points, while gold prices took a downturn. However, in subsequent trading sessions, the VN-Index extended its decline as foreign investors continued their selling spree, and gold prices unexpectedly rebounded.
The Soaring Apartment Prices: A Tale of Real Estate Woes and Cancelled Dreams
The leaders of Dat Xanh (DXG) have confirmed plans to cancel all previously signed purchase agreements for the Gem Riverside project and restart the development with new pricing. Affected buyers have two options: they can either receive a refund on their deposit (approximately VND 250 million) with a compensatory interest rate of 10-15% per year, or they can purchase a unit at a new discounted sales price.
The Elusive 1,300: VN-Index’s Unconquered Milestone
The VN-Index surpassed the 1,300 mark during the September 27 session, an impressive feat that unfortunately was short-lived. Within just a few minutes, the index had slipped back below this milestone figure. A tantalizing glimpse of what could be, leaving investors eager for more.
The Art of Portfolio Management: Deciphering VN-Index’s Rise
The VN-Index stalled on September 20 as ETFs rebalanced their portfolios. The index fell as much as 15 points in the ATC as ETFs sold off stocks such as VIX, EVF, VHM, VNM, VCB, VIC, and SSI. However, it managed to stay in positive territory, inching up 0.77 points to close at 1,272.04.
