🔥 Just like BTC with altcoins…. Vietnam’s stock market is the same. After a shocking drop from 1900 to as low as 1650 points, VNINDEX then bounced back to around 183x points—almost as if nothing happened….
And yet, most stocks—about 80% of listed names in the recent period, including both major projects and smaller ones across various sectors—recorded declines around 30–60%. Specifically, it’s close to a cut by half to a cut by two-thirds of the value.
Right now VNINDEX is rebounding strongly, but the brokerage stocks are still sluggish, hovering near their bottom prices, only just barely edging up.
Maybe, it’ll turn around again and return to around the 15xx zone before climbing back up. For VN stockholders/brothers (ae), we’ll probably have to wait 2–5 more years at best just to reach shore. Right, fellow ae? Do you think that after the government restructures and reorganizes the game, VNINDEX can break above the previous high to reach 2000 points and form a long-term rally?
And yet, most stocks—about 80% of listed names in the recent period, including both major projects and smaller ones across various sectors—recorded declines around 30–60%. Specifically, it’s close to a cut by half to a cut by two-thirds of the value.
Right now VNINDEX is rebounding strongly, but the brokerage stocks are still sluggish, hovering near their bottom prices, only just barely edging up.
Maybe, it’ll turn around again and return to around the 15xx zone before climbing back up. For VN stockholders/brothers (ae), we’ll probably have to wait 2–5 more years at best just to reach shore. Right, fellow ae? Do you think that after the government restructures and reorganizes the game, VNINDEX can break above the previous high to reach 2000 points and form a long-term rally?
