Market Strategy – Envisaging a new high
- We update the market scenarios when the VN-Index is approaching its historic peak of 1,200 points.
- In our base scenario, we estimate the reasonable range of VN-Index to be 1,180 – 1,230 points.
- In our best-case scenario, the VN-Index can reach 1,280 – 1,330 points given that the Covid-19 vaccine rollout proceeds faster-than-expected or the process of upgrading Vietnam’s stock market to an emerging market status would have achieved a big move.
Please follow this link for the full report
You Might Be Interested
Strategy Note
178
We believe that the main growth driver for Vietnam’s economy in 2H23 will mainly come from the government’s economic support policies. Therefore, Vietnam’s key investment topics in the second half of 2023 will be closely related to an easing monetary…
Strategy Note
149
In May 25, the SBV decided to reduce some policy rates such as the refinancing rate (down 0.5% points), the ceiling deposit interest rate for 1-month to 6-month term (down by 0.5% points),.. The 12-month deposit interest rates of commercial…
Strategy Note
160
VN-INDEX closed at 1,064.6pts (+1.5% mtd, +5.7% ytd) on May 25 2023. We believe the market’s rally was supported by: A series of supportive policies issued by the Government and the State Bank of Vietnam (SBV) recently have solved some…
VI
EN
JA
ZH
