Market News 23/11/2023] BIG WAVES BUT NOT STRONG WINDS, INVESTOR SENTIMENT IS CHEERFUL

23/11/2023

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Some important notes:

– The dark spot in the current picture is that foreign investors are heavily net-selling, with a net-selling value of nearly 800 billion in today’s session. We expect this pressure to ease in the coming period as we are about to enter MSCI’s net-buying cycle (According to information on the restructuring of allocation to the Vietnamese stock market announced last year). At least this helps the VN30 group reduce selling pressure.

– Index forecast for November 23, 2023: Statistics show that the index is falling, but in our opinion, the index could end in the green. However, at this stage, looking at individual stocks is more important than looking at the index.

– Recommended stocks: HCM, VCI.

?? See more: here.

SOURCE: AAS RESEARCH


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