HÀ NỘI The market is likely to extend gains after the holiday, but the rising supply is likely to put great pressure on the market when the VN-Index approaches the resistance area of 1,240 points, said brokerages. “The market continued to extend the recovery span and penetrated deeply into the previous distribution area, the range of 1,210-1,240 points of the VN-Index. “Therefore, investors need to observe supply and demand movements and assess the market status. The positive movement of VN-Index was also boosted by the expectation of Việt Nam's macro-economy recovery. Việt Nam's economy will maintain its recovery momentum in 2024 with GDP growth forecast at 6.9 per cent.

Source: Viet Nam News September 04, 2023 23:21 UTC