Stock Market

For trading sessions from October 4-8, the Vn-Index may continue to fluctuate in the range of 1,320-1,360.

The Vn-Index would move on to the next resistance zone of 1,375-1,380 if it can hold on to the 1,350-mark this week.

Stocks from firms in fields of retail, tourism, or aviation may become attractive once the process of reopening the economy is accelerated.

Investors remained cautious due to the current serious Covid-19 situation.

While there may be some fluctuation, the market may have entered its short-term recovery phase and moving to the resistance zone at 1,340.

Investors have been more cautious against the backdrop of the global economy on the downside and Vn-Index’s unsuccessful attempts to surpass the 1,380-mark.

The low-interest-rate environment remains the key driving force for the stock market.

Investors are returning to the market and contribute to the recovery of the Vn-Index.

Positive budget collection during the first seven months is thanks to economic recovery from late 2020 to June this year.

Credit demand has been on the rise in the first half of the year and is set to maintain its growth momentum for the second six months.