The highlight lifting the market last week was the strength of domestic cash flows, shadowing the record net outflow of foreign capital. Experts believe it is likely to support the market this week.
The central bank''s rate cut decision is forecast to shift cash flows from deposit investment channels to riskier investment channels like the stock market.
Even though capital flows from exchange traded funds (ETFs) were not active in December, they are expected to return to the market in 2022, said SSI Research.
Even though foreign investors have become net sellers on the stock market, they have fled to bonds and are waiting for future investment opportunities, said Tran Van Dung, Chairman of the State Securities Commission of Viet Nam (SSC).