Vn-Index

Investors are more well-prepared in terms of financial capabilities, knowledge and understanding of risks in the stock market.

Strong attention from investors helped boost banks stocks’ value, but those of petroleum companies were the highlight of this morning trading session with many reached the ceiling, namely PVB, PVC, PVD, PVS, PVT, or PXS.

Before Tet holiday, the stock market showed sign of recovery following a historic slump, while the gold prices on the world market was on the declining trend.

In long-term, the outlook of Vietnam’s stock market remains bright as the positive macro-economic environment would serve as a big boost for the market.

Market capitalization on the HoSE, home to majorly large-caps, dropped around US$11.78 billion.

F0 investors put their money in stocks they barely know of but were recommended by others, so they become vulnerable when things go wrong and do not know what to do, said an expert.

The return of foreign investors, large amount of money from new investors, and low interest-rate environment are factors that continue to keep up the Vn-Index, said an expert from SSI Securities Corporation.

It is not a coincidence that a strong economic growth period happened when the local stock market was setting new records.

Traditional investment channels such as stock or real estate markets are set to continue to be the focus for investors in 2021.