Summary
Increasing with the world stock market in the context that the Fed fund rate unchanged, Vietnam stock market rose slightly. Market breadth was positive with gainers dominated. The trading value also rose strongly counterbalanced by the activities of the ETF portfolio. Foreigners were net sellers on the floor today, particularly in the sale of shares in the ETF portfolio.
Recommendation
Positive sentiment may spread to the next session, but will not last too long. Prudent investors should only buy basic stocks at low price. Venture investors may continue to maintain a moderate proportion of stocks, ensuring no imbalance towards short-term trading.
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