6PM Call: Momentum Has Yet to Slow Down - Update on market
The first session of the week started cautiously. Profit-taking pressure after previous hot streaks caused VNindex to drop by 7 points before recovering quickly, thanks to bottom-fishing demands. At the end of today’s session, VNIndex inclined by 13 points (1.27%) to 1,063 points with trading value at VND7,708 billion. There was noticeable news about State Security Commission suggestion to raise initial margin to at least 60% which would possibly “tighten” margin lending activities.
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