The local stock market is looking forward to the results of the tariff negotiations between the U.S. and Vietnam in the coming days. However, the fear of margin calls (requests for investors to deposit extra money into their margin accounts) after recent sessions with a sharp downturn will undoubtedly linger in investors’ minds. Sell-offs With a loss of 110 points in just the last two sessions of the first week of April, equivalent to a drop of 8.2%, the VN-Index is reminding investors of the days in March five years ago, when the market also took a plunge due to the anxiety over the Covid-19 pandemic. During the first trading day of the following week on April 8, the VN-Index continued to go down by nearly 80 points, despite other Asian markets such as Japan, South Korea, and China finding themselves back in the green. Such a catastrophic decline combined with soaring liquidity often forces investors to sell their stocks at all costs. Nearly 1.72 billion shares changed hands on the HOSE alone on April 2. The trading volume then rose to more than 1.87 billion shares on April 3, the highest ever. As of April 8, the VN-Index had […]
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