Shares on the HCM Stock Exchange onceagain trod water on March 15, with the VN-Index closing up just 0.07percent to 531.86 points on fairly brisk trading.
Market value totalled 2.3 trillion VND (84.3 million USD) on a volume of 55.3 million shares.
Due to the pressures from profit-taking, Au Viet Securities Co analystspredicted more market corrections before the VN-Index reached theresistance mark of 545 points. But they remained optimistic for marketprospects due brisk trading volume.
The director of Sacombank Securities Co’s research and private equitydepartment, Nguyen Huy Cuong, said that investors this week would bekeeping an eye on the expected release of inflation figures for HCMCity and Hanoi during the past month.
A relatively low CPI would solve a lot of problems, creating not onlyoptimism for investors but also stimulating the State Bank of Vietnamto loosen monetary policy, promoting the liquidity of the bankingsystem, Cuong said.
On the Hanoi Stock Exchange, the HNX-Index was unable to resist theforces of profit-taking, dropping by a hair to 173.32 points. Dailyvalue remained high, however, at over 1.2 trillion VND (55 millionUSD), on a volume of 35.85 million shares./.
Market value totalled 2.3 trillion VND (84.3 million USD) on a volume of 55.3 million shares.
Due to the pressures from profit-taking, Au Viet Securities Co analystspredicted more market corrections before the VN-Index reached theresistance mark of 545 points. But they remained optimistic for marketprospects due brisk trading volume.
The director of Sacombank Securities Co’s research and private equitydepartment, Nguyen Huy Cuong, said that investors this week would bekeeping an eye on the expected release of inflation figures for HCMCity and Hanoi during the past month.
A relatively low CPI would solve a lot of problems, creating not onlyoptimism for investors but also stimulating the State Bank of Vietnamto loosen monetary policy, promoting the liquidity of the bankingsystem, Cuong said.
On the Hanoi Stock Exchange, the HNX-Index was unable to resist theforces of profit-taking, dropping by a hair to 173.32 points. Dailyvalue remained high, however, at over 1.2 trillion VND (55 millionUSD), on a volume of 35.85 million shares./.
