Vietnam stock market faces liquidity decline and VN-Index volatility

The Vietnamese stock market is experiencing a period of volatility and declining liquidity. The VN-Index recently faced downward pressure, dropping 5.33 points to close at 1,726 points, with significant selling observed in the real estate and banking sectors. On the HoSE, trading value reached its lowest level in over two months, as liquidity remains constrained and foreign investors continue to maintain a net selling position.

Experts from various securities firms, including VDSC and ASEANSC, warn of potential further corrections. They suggest the market may continue to fluctuate within a narrow range, with the 1,700 - 1,720 point zone serving as a critical support level. While some stocks have reached attractive discount levels, investor sentiment remains cautious due to the lack of strong buying momentum.

In the global commodities market, a notable imbalance has emerged in copper supply. Approximately 70% of the copper stored in exchange-recognized warehouses is currently concentrated in the United States. Analysts suggest this concentration could lead to “stranded” supply, as it may be difficult for this metal to return to major consumption hubs like China in the short term, potentially increasing market volatility.