Vietnamplus

US-Iran tensions and pre-Tet sentiment will be two key factors impacting the Vietnamese stock market in the coming week (January 6-10).

The Bank of Thailand (BoT) on June 26 revised GDP growth forecast for 2019 to 3.3 percent from previous forecast of 3.8 percent, Thai media reported.

A third drop in global crude prices, plus an increasing number of air passengers, is expected to boost the performance of the two biggest airlines Vietnam Airlines and Vietjet.

Malaysian biodiesel production is likely to hit record levels in 2018 and 2019, with 2018 exports on track to double from 2017, pushed up as higher oil prices boost the appeal of biofuels.

Vietnamese shares declined on February 8 as investors showed little confidence amid the current volatility of the global markets and the sharp fall in crude prices.

Vietnamese shares finished January 10 on a mixed note, hit by strong profit-taking. Energy shares continued to benefit from rising oil prices.

Vietnam’s benchmark stock index, VN-Index, could exceed 1,300 points in 2018 due to the positive outlook for the country’s economic growth and a strong inflow of foreign investment.

The benchmark VN-Index hit an almost decade-high on November 22 after large cash flows poured into blue-chip stocks on investor optimism over a sustainable uptrend.

Shares advanced for a third session on the HCM Stock Exchange on November 7 as property developers and energy firms were able to maintain momentum.

Shares rebounded on the HCM Stock Exchange on November 1 as large-cap stocks returned to positive territory. The overall market trading conditions remained negative, however, and signaled more volatility in the near future.

Shares ended on a positive note for a second day on the HCM Stock Exchange on October 30 as energy firms and some construction companies continued to perform well.

Vietnam’s benchmark VN-Index on the HCM Stock Exchange recovered on September 28, but slowed at the end of the session as investors increased selling to make profits.

Shares advanced for a second straight session in both local markets on July 12 as investor confidence was bolstered by higher crude prices.

Shares slumped in both local markets on July 10 as investor confidence dropped on negative market conditions and sliding oil prices.

Vietnam’s benchmark VN Index on the HCM Stock Exchange fell on June 2, dragged by weak investor confidence and sliding oil prices.

Vietnamese shares remained mostly positive in the two local markets on April 19, driven by better investor confidence in particular groups of stocks with supporting business information.

Shares closed almost flat on the two local exchanges on april 3 as strong investor selling hit large-cap stocks after the market reached a 10-year high last week.

Shares fell on the two local exchanges on March 22 as investors increased sales to earn profits from the stock market’s recently growth.

The stock market will likely continue its losing streak this week as investors stay cautious ahead of the US Federal Reserve’s meeting.

The VN-Index on the HCM Stock Exchange closed almost flat on March 7 on investor caution over a possible lending rate increase by the US central bank and exchange-traded funds’ portfolio review.