Foreign trading remained a drag as selling pressure persisted throughout the market, resulting in a significant decrease in value compared to the previous session.
Since the beginning of 2024, CTG stock has surged nearly 31% in value, propelling VietinBank's market capitalization to surpass well-known names such as Hòa Phát, Vingroup, PV Gas, and most recently, Vinhomes.
KBSV is inclined towards the scenario (with a 70% probability) where the index may encounter significant downward pressure at the resistance zone of 1185 - 1205 points and retest the support zone around 1145 (+-10) points before entering a new recovery phase with improved liquidity expectations.
Compared to 2023, the market will face additional pressure from the corporate bonds that have been extended due to Decree 08, with an estimated value of 99.7 trillion that needs to be processed...
Ending the session on December 29, 2023, the Vietnam stock market closed at 1,129.3 points, reflecting a 12.2% increase. This growth seems quite impressive, but unfortunately, my personal investment performance is a flat zero compared to the VN-Index. Not only did I suffer the pain of cutting losses on a stock that plummeted by 54%, but I also learned valuable lessons about investment principles and emotional control.
The domestic price of gold reached nearly 79 million VND/tael for gold bars and a record 66 million VND/tael for gold rings ahead of the Tet holidays...
At the end of the year Quy Mao 2023, the VN-Index closed at 1,198.5 points, representing an 8.16% increase compared to the beginning of the year. Despite the overall market growth, there are still many stocks that did not perform well.
Leadership quality, management capability, adherence to environmental, social, and corporate governance (ESG) principles, and the feasibility of business plans set by the company's management are the most important factors that demonstrate the long-term value growth of a business.
Within 3 months, CTG has surged by 34.64%; BID by 31%; MBB by 28%; HDB by 26%...
While Chinese tech companies struggle with a slump in economic growth and lag behind in the race for artificial intelligence (AI), American businesses currently dominate the global stock market with nearly half of its total market capitalization - the highest concentration of market capitalization in the past two decades...
