Tag: Le Thi Mai Loan
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Masan Surges Past 91,000 VND/Share, Hits Near 3-Year High
Shares of Masan Group Corporation (HOSE: MSN), chaired by billionaire Nguyen Dang Quang, surged again in the morning session on October 17th, reaching 91,100 VND per share—the highest level since February 2023. This follows an unexpected ceiling-hit on October 16th, driven by a remarkable 44 million share block trade, creating a significant ripple effect across the market.
Foreign ETFs Rebound with Net Buying Surge in Upgrade Week
During the week of October 6–10, the VanEck Vectors Vietnam ETF (VNM ETF) reversed its net selling trend, pivoting to robust buying of Vietnamese stocks. This shift coincided with FTSE Russell’s official announcement on October 8, upgrading Vietnam’s market classification from Frontier to Secondary Emerging status.
Technical Analysis Afternoon Session 17/10: Bearish Engulfing Line Emerges
The VN-Index experienced a notable correction, accompanied by the emergence of a Bearish Engulfing Line candlestick pattern, signaling heightened short-term risk. Conversely, the HNX-Index formed its third consecutive bullish candlestick, indicating a contrasting trend.
