Thẻ trang tríNEWS
新闻中心
Positive signals lift the stock market
发布时间:2024-03-31   

Positive signals lift the stock market

Your browser does not support the audio element. The return of banking stocks leading the market’s trend and a surge in liquidity signal significant capital entering the stock market. Investors watch the stock movements on a digital board. Photo thanhnien.vn

HÀ NỘI — The VN-Index reported a positive start to  二0 二 四, with six consecutive sessions of gains. The return of banking stocks leading the market’s trend and a surge in liquidity signal significant capital entering the stock market.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index closed last week at  一, 一 五 四. 六 八 points, while the HNX-Index was last traded at  二 三 二. 七 六 points. 

Positive signals lift the stock market

For the week, the former rose  二. 一 九 per cent and the latter was up 0. 七 四 per cent. 

Positive signals lift the stock market

On HoSE, the average trading value reached VNĐ 一 七. 八 trillion (US$ 七 三0. 三 million), an increase of  一 五. 八 三 per cent from the previous week. The trading volume on the bourse also increased by  二 七.0 三 per cent to  七 九 六. 九 五 million shares.

Positive signals lift the stock market

Vietnam Construction Securities JSC (CSI) said that the first trading week of the new year witnessed bullish developments in the Vietnamese stock market, with all four sessions ending higher. 

In particular, there was a surprising return of capital to the banking stocks, which are the largest capitalised group in the market, helping the liquidity on the HoSE exchange reach $ 一 billion on January  四.

According to CSI, with the prospect of further decreases in savings interest rates, liquidity decisively poured into the stock market during the first trading week of the new year.

The securities added that the global stock market had a rather cautious trading week following the December meeting of the US Federal Reserve.  The cautious sentiment may have influenced the buying and selling activities of foreign investors in the Vietnamese stock market. Foreign investors net sold nearly VNĐ 一. 二 trillion.

The developments of the first trading week of  二0 二 四 are reinforcing the established upward trend from the end of  二0 二 三, said experts from CSI. 

It expects the VN-Index to target the resistance level of  一, 二00 points in the coming weeks but does not rule out the possibility of fluctuations in the range of  一, 一 六 五- 一, 一 七 五 points.

Meanwhile, Saigon - Hanoi Securities JSC (SHS) noted that although the domestic macroeconomic situation appeared stable, with gradual GDP growth, it had not met expectations. Weak credit growth suggested a low capacity for capital absorption in the economy, and challenges persisted in the real estate and bond markets.

Globally, the economic landscape remained uncertain, with low growth and some EU countries, such as Germany and the Netherlands, experiencing recession. On the positive side, inflation had stabilised, and the Fed had hinted at pausing interest rate hikes and potentially initiating rate cuts in  二0 二 四.

Given the mix of positive and negative events, SHS believed it was appropriate for the market to seek balance and accumulate. The macroeconomic conditions call for caution and careful navigation in the coming weeks, the securities firm added. 

Việt Dragon Securities Corporation (VDSC) said that the last session of the week reflected a hesitant and exploratory state, with decreased liquidity compared to the previous session.

The market's weakening signals were not clear, but there remained the possibility of significant selling pressure around the  一, 一 六0 point-level. It was expected that the market would continue to fluctuate within the  一, 一 四 五- 一, 一 六0 points range before more specific signals emerge.

Similarly, Mirae Asset Securities (Vietnam) said that the VN-Index's upward trend was currently holding a significant advantage after rising for six straight sessions.

During the previous week, the index experienced signs of pause around the  一, 一 六0 point-level, accompanied by strong profit-taking in the banking sector following a rapid surge. 

As a result, there might be some see-saw movements in the upcoming sessions, with investors keeping a close eye on two key levels of  一, 一 五0 points and  一, 一 六0 points. — VNS

Tags

网站首页| Trung tâm sinh viên| Trung tâm thành viên| khỏe mạnh| Trung tâm dịch vụ| Hiển thị dự án| Thẻ trang trí|

Copyright@2016.Company 东度企管理 All rights Reserved.   |  sòng bài trực tuyến việt nam,sòng bài trực tuyến việt namTrang web chính thức,Liên kết đăng nhập,sòng bài trực tuyến việt namtải xuống ứng dụng,sòng bài trực tuyến việt nam浙ICP883369号 | 友情链接:tải mu 88

 
QQ在线咨询
服务热线
0571-82483191
公司传真
0571-86926163