6PM Call: VNIndex Rides Roller Coaster - Update on HSG
The VNIndex took a roller coaster ride on Thursday, following the drop seen yesterday. In the morning session, the index was very volatile, indicating that investors are becoming more uncertain about the outlook for the market. The index fell deeply to the level of 1020, driven mostly by domestic outflows. On the contrary, foreign investors continue to expand their buying position. For foreign investors, the current market collapse seems to be nothing but a chance to find bargains. Indeed, they net bought more than VND425B worth of shares in the HSX by the end of the day.
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