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Navigating the Israeli-Iranian tension: A look at the impact on risky assets and investment opportunities in Vietnam stock funds

Finnomena Funds assesses the Israeli-Iranian tension situation. The level of violence has been reduced. It is expected to have an impact on risky assets only in the short term. But it will be an opportunity to build up gradually in the long term. Willing to recommend Vietnamese stock funds ASEAN star countries

Mr Wasin Parithan, Managing Director of Definite Investment Advisory Securities Co., Ltd., a subsidiary of Finnomena Group, revealed, “The issue of the war between Israel and Iran Recently, we have started to see signs of a reduction in the level of violence from both side. Therefore, it is expected that this round of tension will affect risky assets only in the short term. Because the study of past events shows that wars and terrorism And different types of disturbances are often opportunities for investment rather than fear.”

In this regard, he found past statistics from 1885-2020 when war or terrorism occurred. The US stock market S&P 500 will decline (Total Drawdown) by an average of -5% and reach its lowest point in 22 days, after which the market will be able to recover within 47 days, reflecting that the results of the war affecting the general picture. Not much of a fast improving market and it may not be an important issue. Especially when looking beyond short-term fluctuations. Moreover, if we look back at the unrest between Israel and Hamas. In October 2023, the impact on the stock market was also found to be limited, with the S&P 500 falling around -4% and recovering within a month of the attack starting. This is a number that is consistent with the past statistics mentioned above.

So, look at this conflict situation. Now is the time to invest in risky assets. and bought in a situation where everyone was afraid of “Buy the Dip” by recommending the gradual accumulation of Vietnam stock fund MAIN VNEQ-A under the MEVT Call advisory framework which focuses on investing in good fundamental assets with the opportunity to grow continued in the long medium-long term (next 6-12 months) through a comprehensive analysis of fundamental and technical factors.

Mr. Chayanon Rakkanchanan, CEO of Finnomena Funds, added that “If analyzed in technical signals It can be seen that the Vietnam stock index (VN30) has started to show signs of reversal. Having previously contracted to test close to the support level at the 100 day moving average at the 1,192 point level and could get a reversal bar on Monday, April 22nd. Reflects the opportunity for further improvement.”

Therefore, it is recommended to invest in Vietnamese stocks through the PRINCIPAL VNEQ-A fund under the advice of Mr.Messenger Call which focuses on capturing speculative moments in the short-medium term. through technical signals It is recommended to invest in the VN30 index not above the level of 1,222 points. When the index reaches 1,306 points and Limit Loss or cut losses immediately. When the index closed significantly lower than 1,138 points.

For MAIN VNEQ-A (fund risk level 6), the policy is to actively invest in equity instruments that are listed on the stock exchange or have a main business in Vietnam that is believed to have future growth potential. This is Thailand’s first Vietnamese stock mutual fund and has produced excellent performance compared to other Vietnamese mutual funds in the industry.

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