Report

Many decided to bottom fishing - DHG update

​

VNIndex fell sharply in the morning session due to selling pressure from the bluechips. VN30 stocks, especially VNM, GAS, MSN and banking stocks, dragged VNIndex down by 1.9%. As the Index fell below the 640 level, many investors decided to bottom fishing. However, this activity has certain risks. First, VNIndex is in the downtrend, interspersed with short recover phase. Second, because the market is lack of support information, some bad news like poor business results in the last few days could negatively affect the psychology of the investors.

Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.

Other Reports from Viet Dragon Securities

ResearchPool Subscriptions

Get the most out of your insights

Get in touch