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Technical Analysis for May 30: Short-Term Outlook Dims
The VN-Index and HNX-Index witnessed a synchronous decline, accompanied by rather negative technical signals, indicating a heightened risk of downward adjustment.
How Did the Fund Management Industry Perform in the First Quarter?
The statistics from 43 active fund management companies in the Vietnamese stock market paint an interesting picture. With a focus on revenue and net profit growth, the numbers reveal a thriving industry. However, a deeper dive into the figures uncovers a notable decline in net profit margins, leaving room for further analysis and exploration.
The Foreign Block Sells Off
In the final trading sessions of May, foreign investors consistently sold off their holdings. From May 23rd onwards, foreign investors sold a total of over 3.1 trillion VND in net sales.
