Market Report Week 08 - A break is necessary for sustainable growth



At the 2024 Online Conference on Boosting Bank Credit held on February 20, leaders of many commercial banks requested that the State Bank of Vietnam continue to extend Circular 02/2023/TT-NHNN on debt restructuring and debt deferral for another 6 to 12 months to help both customers and banks have better conditions for debt repayment.


Technical view: On the weekly chart, VNINDEX closed at 1,212 (+2.3 points, +0.19%) but profit-taking pressure appeared strongly on Friday along with a sharp increase in liquidity. Price momentum indicators all show that a correction is underway. The market is expected to retest the 1200 area corresponding to the EMA 20 in the coming week.


Investment Ideas: Investors should consider investing in the banking, export, and real estate sectors. However, investors should wait for the market to rebound before buying new.


  • Movement of cash flows and capital flows
  • Top stocks worth noting
  • Macro data
Hoang Nam

Page: 9


File format: pdf

Size: 674.02 KB