Market Bombshells: 5 Shocking Stock Price Twists You Never Saw Coming
US Federal Reserve Policy Meeting: Market Expects a Surprise
The US Federal Reserve (FED) policy meeting is set to take place this week, and market participants are bracing themselves for a potential surprise. The meeting comes on the heels of a lackluster trading week, marked by low liquidity and strong selling pressure.
The market’s performance was subdued, with the last two trading sessions of the week recording the lowest trading volume since April 2023. This decline in liquidity was a notable highlight, as apprehension and strong selling pressure left the market without the motivation to recover.
The VN-Index closed the trading week at 1,251.71 points, down 22.25 points, while the HNX Index stopped at 232.42 points, down 2.23 points compared to the previous week. The technology industry was the biggest contributor to the VN-Index, while the banking sector had a negative impact on the market.
Foreign investors continued to net sell, with a total value of over 1,100 billion VND. This trend is expected to have a significant impact on the market’s performance in the coming week.
Securities companies have weighed in on the market’s trend for the upcoming week, offering insights into the potential direction of the VN-Index and HNX Index.
