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Market Pulse May 12th: Bias to the Upside, GEG Tests July ’24 Highs
The buyers maintained their strong position, keeping the key indices in the green. As of 10:30 am, the VN-Index surged by 7.3 points, trading at around 1,271 points. Meanwhile, the HNX-Index climbed by 0.84 points, hovering around the 214-point mark.
The Turbulent World: What’s Next for Gold Prices?
The experts predict an unpredictable week for gold prices, hinging on the ever-changing global landscape.
The Rising Electricity Prices: Consumers Fear the Pinch, Businesses Brace for Added Costs
As of May 10th, the average retail electricity price has surged by 4.8%. Amidst the current challenges, this hike feels like the proverbial "last straw" for businesses already struggling to stay afloat. With operating costs skyrocketing, enterprises are grappling to maintain their resilience. Consumers, too, are feeling the pinch, concerned about the potential knock-on effects on the prices of other goods and services, and contemplating cutbacks in their spending.
