Summary
Highlights:
The Purchasing Managers' Index (PMI) of Vietnam's manufacturing industry continued to improve in February, reaching 50.4 points, a slight increase compared to 50.3 points in January. The number of orders just increased slightly for the second consecutive month as new orders from abroad surged.
Technical view: On the weekly chart, VNINDEX closed at 1,258 (+46.28 points, +3.82%), the market continued to maintain a strong upward momentum with liquidity remaining at a high level. The VNINDEX index ended the week confirming it surpassed the nearest resistance at 1,250. Technical indicators such as RSI and MACD continue to show signs of strengthening the mid-term uptrend.
Investment Ideas: Over the past week, cash flow has alternated between large capitalization industry groups such as steel, banks, and stocks, helping the index maintain a high level. Investors can pay attention to industry groups that show recovery in business situations but have not increased strongly, such as the export sector, to stay ahead of the trend.
- Movement of cash flows and capital flows
- Top stocks worth noting
- Macro data
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