phuocpham
28-03-2009, 12:00 PM
Experts believe that the money has been flowing from
the real estate, gold markets, and bank savings into the stock market
these days. However, it remains unclear if the cash flow is stable, or
if it is just temporary.
The week from March 16 to 20 was considered the most
bustling week in the last many months. Several weeks ago, investors
went to trading floors just to listen for the situation, which
explained why the transaction value at that time was just VND 150
billion per trading session. Meanwhile, the transaction value last week
increased to VND 450 billion per trading session, and the total
transaction value was over VND 2.3 trillion in the last five trading
sessions.
Andy Ho, Managing Director of VinaCapital Investment
Fund Management Company, said that the stock market shows the health of
the national economy, and that the recent trading sessions showed signs
of positive tendencies.
With the cash volume flocking into the stock market
increasing by two or three folds, a question has been raised that where
the money comes from.
Financial experts believe that the money came from
gold exports and bank savings. Besides, a lot of people who got money
for the site clearance for Thu Thiem urban area project have also
injected money in stocks.
Truong Duy Khiem, Director of Le Ngo Cat branch of ACB (http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=ACB&q=ACB" style="color: rgb(23, 50, 128); text-decoration: underline;" target="_blank)
Securities Company, said that it is now the ‘right time for investors
to sow, meaning that it is now the right time to make investments to
‘harvest crops’ later.
Dr. Bui Viet, General Director of the East Asia Bank
Securities Company, said that if injecting money in real estate at this
moment, investors do not hope to get the 100% profit in the time to
come. However, they can do that with securities investments.
Analysts also said that nearly all bad news of the
market has been exposed, while the bottom line of the VN Index is being
searched. They believe that the VN Index, if it drops further, will not
decrease by more than 20%.
The director of a securities company revealed that
last week he sold a house and injected the money from the house sale in
securities investments.
the real estate, gold markets, and bank savings into the stock market
these days. However, it remains unclear if the cash flow is stable, or
if it is just temporary.
The week from March 16 to 20 was considered the most
bustling week in the last many months. Several weeks ago, investors
went to trading floors just to listen for the situation, which
explained why the transaction value at that time was just VND 150
billion per trading session. Meanwhile, the transaction value last week
increased to VND 450 billion per trading session, and the total
transaction value was over VND 2.3 trillion in the last five trading
sessions.
Andy Ho, Managing Director of VinaCapital Investment
Fund Management Company, said that the stock market shows the health of
the national economy, and that the recent trading sessions showed signs
of positive tendencies.
With the cash volume flocking into the stock market
increasing by two or three folds, a question has been raised that where
the money comes from.
Financial experts believe that the money came from
gold exports and bank savings. Besides, a lot of people who got money
for the site clearance for Thu Thiem urban area project have also
injected money in stocks.
Truong Duy Khiem, Director of Le Ngo Cat branch of ACB (http://www.vietstock.com.vn/vstfinance/StockDetail.aspx?scode=ACB&q=ACB" style="color: rgb(23, 50, 128); text-decoration: underline;" target="_blank)
Securities Company, said that it is now the ‘right time for investors
to sow, meaning that it is now the right time to make investments to
‘harvest crops’ later.
Dr. Bui Viet, General Director of the East Asia Bank
Securities Company, said that if injecting money in real estate at this
moment, investors do not hope to get the 100% profit in the time to
come. However, they can do that with securities investments.
Analysts also said that nearly all bad news of the
market has been exposed, while the bottom line of the VN Index is being
searched. They believe that the VN Index, if it drops further, will not
decrease by more than 20%.
The director of a securities company revealed that
last week he sold a house and injected the money from the house sale in
securities investments.