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European Businesses Optimistic About Vietnam’s Business Prospects

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According to EuroCham, the Business Climate Index (BCI) for Q3 reached its highest level in three years, reflecting a surge in optimism among European businesses operating in Vietnam.

Market Pulse 17/10: Financial & Real Estate Sectors Bathed in Red

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At the close of trading, the VN-Index dropped 35.66 points (-2.02%), settling at 1,731.19 points, while the HNX-Index fell 0.97 points (-0.35%), closing at 276.11 points. Market breadth favored decliners, with 474 stocks falling and 283 advancing. Similarly, the VN30 basket saw red dominate, as 26 stocks declined, 3 rose, and 1 remained unchanged.

VN-Index Poised to Target 1,800 Resistance Level, ABS Research Indicates

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According to the October strategy report, An Binh Securities Analysis Center (ABS Research) anticipates the market will surpass the short-term peak of 1,700 points. ABS Research forecasts further upward momentum, targeting resistance levels at 1,740-1,780, and ultimately reaching higher resistance thresholds of 1,813-1,820.