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“VCAM and NHSV’s 5.3 Million Certificate Sale”
On October 28, 2024, NHV Securities Joint Stock Company (NHSV) offloaded 5.3 million fund certificates of the VCAM-NH Vietnam Development Bond Investment Fund (VCAM-NH VABF).
The Market Tug-of-War Rages On
The VN-Index slipped back into the red, despite positive effects from the two recent recovery sessions, indicating that the tug-of-war between bulls and bears is still ongoing. Moreover, trading volume remaining below the 20-day average suggests a lack of returning liquidity in the market. Currently, the MACD and Stochastic Oscillator indicators continue to trend downward, reinforcing bearish signals and dampening short-term prospects.
The Dollar’s Turbulent Ride: A Year-End Review of the Volatile Currency Market
Sharing at the Khớp Lệnh program on October 28, 2024, Mr. Nguyễn Việt Đức, Digital Sales Director of VPBank Securities Joint Stock Company (VPBankS), stated that the exchange rate is currently under significant pressure and has been the main factor hindering the stock market's performance in recent times. He also highlighted the presence of numerous variables that could come into play towards the end of the year.
