The VN-Index has increased by 109 points since the beginning of the year, reaching 1,376.07 points, the highest level in over 3 years. Notably, this increase corresponds to the points contributed by the Vingroup group (VIC, VHM, VPL, VRE). Although the market saw gains, many investors were not pleased as the rise was mainly concentrated in a few stocks, while many others, including blue-chip stocks, remained down.
Vingroup’s stocks have surged significantly, but investors are concerned about potential corrections that could impact the market. However, these stocks have maintained a stable price level. Given that the VN-Index is at a peak, profit-taking pressure is inevitable, along with challenges from the global economy. VNDirect predicts there may be two interest rate cuts from the Fed in the second half of the year and forecasts the VN-Index will reach 1,450 points by the end of 2025, supported by strong GDP growth and macroeconomic stability.
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