Tag: Natural disaster
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The Stock Market Week of October 21-25, 2024: Short-Term Adjustment Pressures
The VN-Index has been on a downward spiral, slipping below the middle Bollinger Band. This, coupled with trading volumes that remain below the 20-day average, indicates a persistent investor caution. To add to the woes, consistent net selling by foreign investors has also contributed to the mounting pressure on the index.
Stock Market Uplift: Vietnam’s Economy Springboard, Attracting Billions in Foreign Investment
According to calculations by the team at VinaCapital, if both the FTSE Russell and MSCI re-evaluations are considered for an upgrade, net inflows could reach a substantial $5 to $8 billion.
The Market Beat: Downward Momentum Persists, VN-Index Loses 1,260-Point Mark
At the end of the trading session, the VN-Index declined by 4.69 points (-0.37%), settling at 1,252.72. The HNX-Index witnessed a marginal loss of 0.06 points (-0.03%), closing at 224.63. The market breadth tilted towards decliners, with 377 stocks trading lower against 286 gainers. The VN30-Index, representing the top 30 stocks by market capitalization and liquidity, exhibited a similar trend, with 19 stocks closing in the red, 4 in the green, and 7 remaining unchanged.
