Vn-Index had a “forgotten” trading week, was this week more tragic?
Looking back on last week
Last week (Feb. 28-4/3), the VN-Index had three sessions of gains and two sessions of losses. The total was up 28.46 points and down 22.02. According to business people, this transaction chain is still profitable, not losing capital. At the end of the week, the VN-Index reached 1,505.33 points; the start of the week was 1,490.13.
Meanwhile, last week’s trading session (7-11 March) is a series of memories that investors forget the most investors stock. VN-Index had 3/5 sessions of strong decline, one session increased not much, one session almost stopped.
A total of three red sessions, VN-Index lost 44.16 points. Only one session increased 5.34 points. The advantages are nothing compared to the disadvantages. The VN-Index is negative compared to the previous week. At the weekend, the VN-Index held at 1,466.54 points from 1,499.05 earlier in the week.
According to the observations of the first session of the week, the VN Index is usually green or dropping very few points. However last week, Monday (March 7th) session experienced a pretty good decline, down 6.28 (equivalent to 0.42%).
This is the premise for Vn-Index to lose the important threshold of 1,500 points. That day, world and Asian stocks also plunged. Therefore, domestic investors may experience the associated psychological impact.
Previously, the Vn-Index lost up to 25.34 (1.69%) on the same day as International Women’s Day 8/3. The investor posted a joking status saying “you guys sell stocks to buy flowers for people”. It was also the biggest drop in a month, after Valentine’s Day February 14. That day, no bank codes increased, most were reduced.
The session gains expected on March 10, the VN-Index added 5.34 points (0.36%). The joy did not last long. In the following session, the index fell 12.54 (0.85%).
In the past week, there were many sad people, but the happy people were absent. VCB, BID, VNM, MBB… In fact, Rang Dong Holding had 5 consecutive sessions of gains, one of which was purple. Ca Mau Oil and Gas Fertilizer 4/5 sessions increase, one session purple …
VN-Index in trading session from 7-11/3. Graphics: Trade View.
This week’s review
Currently, the psychology of some investors is worried about the information about the war in Vietnam Ukraine could affect Vietnam. This reluctance can hinder investment decisions or encourage the sale of shares in companies thought to be affected. Recently, many experts have confirmed that the impact on the Vietnamese economy from this crisis is limited. However, this mentality is hard to just ignore.
Next week, the issuer will continue to announce the schedule of the shareholders’ meeting with information on the expected dividend. Shareholders especially F0 will take longer to do research if they want to make long-term investments because they have lost a lot of energy for short-term investments.
In addition, another factor that can influence is that real estate stocks can fluctuate after some information regarding macro adjustments. However, it was only a temporary, sudden effect.
In my judgment, Vn-Index is going to have another shaky week. These are the shocks needed to create a rebound for this indicator. In the future, until the end of this year, this index still has a chance to reach 1,700 because the market potential is still very large. Investors need to be careful and alert before deciding to buy or sell.
*Articles represent the views of the author.
at Blogtuan.info – Source: Soha.vn – Read the original article here
