The return of banking stocks leading the market’s trend and a surge in liquidity signal significant capital entering the stock market. Vietnam Construction Securities JSC (CSI) said that the first trading week of the new year witnessed bullish developments in the Vietnamese stock market, with all four sessions ending higher. According to CSI, with the prospect of further decreases in savings interest rates, liquidity decisively poured into the stock market during the first trading week of the new year. The securities added that the global stock market had a rather cautious trading week following the December meeting of the US Federal Reserve. The cautious sentiment may have influenced the buying and selling activities of foreign investors in the Vietnamese stock market.


Source:   Viet Nam News
January 08, 2024 00:01 UTC