[MARKET NEWS 03/03/2025] OIL AND GAS INDUSTRY WITH THE STORY OF ACCELERATING BLOCK B O MON (APPROVED BUDGET FOR 2025 IS 739 MILLION USD)
%20365x228_thumbnail%20website_Lite%20(15).png "[MARKET NEWS 03/03/2025] OIL AND GAS INDUSTRY WITH THE STORY OF ACCELERATING BLOCK B O MON (APPROVED BUDGET FOR 2025 IS 739 MILLION USD) 1")
Some important notes:
– In Southeast Asia, Vietnam is currently the only market experiencing net selling by foreign investors. A low note for Vietnam’s stock market.
– With the candlestick showing a long lower wick on Friday’s session, the 1,300-point support level basically held firm. We note that this is the 8th time in over a year that the index has risen above the 1,300-point resistance, and we are seeing a very positive return of trading volume as expected. Recent re-accumulation sessions have been very positive, as the index generally still shows a recovery in the afternoon, despite some profit-taking pressure from investors during the session.
– Regarding cash flow, risk rotation continued to appear with good gains in the energy and real estate sectors in the last session of the previous week.
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The Portfolio Ratio Selling feature of Smartsell is suitable for customers needing to quickly sell securities.
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