In the past weeks, stock investors are very pleased with the rebound of the VN-Index, the main gauge of Vietnamese equities. In addition, the surge in trading volume and value proves growing cash inflows for the stock market although many banks have raised interest rate on Vietnamese dong deposits. Currently, prices of many stocks have increased several times from the start of 2009. The steady rally of the stock market persuaded many investors to keep more shares to wait for higher values. Net buying of foreign investors in many straight weeks reflects their belief for the steadfast rally of the stock market and the recovery of the Vietnamese economy. Their confidence is strengthened by better-than-estimated earnings of listed companies. According to many specialists, the stock market is accumulating values for reach new peaks. Thus, investors should not sell out stocks when the market experiences corrections and should see the downturn as the chance to restructure portfolios. They are recommended to keep stocks of companies with good earnings results, good fundamentals and P/E (price/earnings) ratio below 13. An analyst at FPT Securities Joint Stock Company (FPTS) said the current market upward movement was different from the overheating wave in June when… Read full this story
- How Apple and Microsoft could blow up the stock market
- Week 2 stock market report: Minnesota Vikings vs Green Bay Packers
- Former UFC owners using sale money to launch new investment firm
- Fresno State will invest big bucks to build basketball behind new coach Justin Hutson
- NFL star Richard Sherman warns against investing in cryptocurrency
- Richard Sherman warns against investing in cryptocurrency
- WSJ: Tight Labor Market Giving U.S. Workers Leverage over Business
- NC State athletic department unveils a new look
- New York Jets: 3 Potential Bargains To Target in NFL Free Agency
- U.S. Supreme Court legalizes sports betting. A black eye, or just end of black market?
Stock Market: New Investment Waves to Take Shape have 302 words, post on vccinews.com at September 9, 2009. This is cached page on xBlogs. If you want remove this page, please contact us.