The Asian Development Bank (ADB) has projected that the Indonesian economy will return to high growth, last seen in the pre-pandemic era, in 2022, with the economy forecast to expand 5 percent next year.
Political clarity and continued economic expansion have bolstered investor sentiment to its highest level in seven months and prompted analysts to forecast the Thai stock market hitting 1,826 points by year’s end.
Vietnamese shares traded sluggishly last week on the back of large-cap stocks and the current condition is expected to remain in the coming week, according to analysts and brokerage firms.
The VN-Index declined for the first time in six weeks due to heavy profit-taking pressure, but analysts expect a rebound this week following the release of the second-quarter business earnings.
Shares fell on both local exchanges on May 18, as investor confidence was weakened by negative global market trends and investors continued to seek short-term profits.
Vietnam Report Company (VNR) has announced the top 10 most prestigious listed companies for 2016. The list was announced for the second year in Vietnam.
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