With rising stock market returns and reduced corporate borrowing costs, SBV’s policy direction should positively impact business performance and stock market growth.
Due to being highly vulnerable to interest rates, any information regarding the central bank’s interest rate policies immediately influences the market.
Lower interest rate environment and policies to remove difficulties and boost the economy will be drivers for the stock market in the last months of the year.
Viet Nam''s benchmark VN-Index is expected to fluctuate in a range of 1,380-1,480 points in November, boosted by higher vaccination coverage, recovery of the economy and stimulus packages.
Viet Nam''s stock market rose on Thursday, marking the fifth consecutive gaining session. Meanwhile, foreign investors returned to be net buyers in the market.