With a series of strong upward sessions, the VN-Index is once again nearing the 1,300-point mark, a key resistance level it has tested multiple times without sustaining a breakthrough. Investors are now looking ahead to the market’s next move. Heading back to 1,300 points The VN-Index has been on a four-week winning streak since mid-January, despite occasional downward corrections triggered by negative news. Trading volume has consistently increased compared to late 2024, signaling a sustained uptrend. On February 17, the index climbed back to 1,280 points, its highest level in two months. Last week, concerns over U.S. President Donald Trump’s tariff policies briefly pressured global stock markets. However, investor sentiment has since stabilized, allowing the recovery momentum to continue. Analysts suggest that with improving liquidity, the market may be nearing the end of its accumulation phase, setting the stage for long-term growth. Foreign investors, however, remained net sellers, offloading over VND1.94 trillion worth of shares in the week starting February 17. This extends the selling streak that has persisted since the beginning of 2025. On the first trading day of the week, foreign investors net sold VND651 billion. With the possibility of higher U.S. tariffs impacting global currencies, their cautious […]
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