Tuesday, June 18, 2013

4 motivation to VN-Index can exceed 650 points in 2013

- In the remaining 7 months of 2013, the market was more positive factors, may be motivated to take stock index rising two floors.

To date, Vietnam's stock market has gone through the first months of positive signs of good recovery. And recently, the 6/2013 Reuters has published data on the evolution of the Asian stock market since the beginning of 2013 until now. Accordingly, if in dollar terms, the growth of Vietnam's stock market was estimated at 23%, led by Asia. But local currency terms, the increase in Vietnam's stock market currently ranks second after Japan rate estimated at 24%.


If in May, the stock market is thriving due to the positive news, such as the move to cut interest rates by major banks to lower the ceiling, only about 5% - 6% / year, the event officially established asset management companies (VAMC) to handle bad debt; 30,000 billion aid package to support the real estate market and home buyers in the society, has made only 2 of the Stock stock up nearly 10% ...


In the remaining 7 months of 2013, I said that the market was more positive factors, may be motivated to take stock index rose cao.Truoc second floor of the room moves to ease foreign investors: here is one of the information will also affect the market in a positive way. This is not new information, from the perspective of the SEC proposal, the market manager directly. However, the market is encouraging in that the proposal has been approved by the Finance Ministry, are being consulted ministries related to the Government. If passed, this will be quite important factors to stimulate money flow into the stock market, may create further excitement for investors in the stock market in the later sessions.


Second, the impact of the VAMC in operation. Currently, the new VAMC is in the process of preparing to go into formal operation, could not confirm the possibility of successful treatment of bad debts this institution. However, the banks have high bad debt liquidity will support the premise that the interest rate for loans continued to decline in the near future, hoping to create increased demand for credit in return. This will be the factors that can help increase the money supply to the economy, adding to investor confidence, creating tremendous boost to the market.


Third, the impact of 30.000 billion support package for the real estate market was officially put into operation in early June. This support package is expected to help the inventory item of business property improvements. Besides real estate companies, construction, the stocks of construction materials can also benefit from this stimulus package. Statistics targets for real estate companies that, in 2013, in general, the companies expect impressive growth in profits compared to 2012 performance. In fact, the business results of enterprises not only in the real estate industry, but many other areas are quite good compared to the same period in 2012, due to the impact of lower interest rates, less macroeconomic difficulties.


It is these factors that may impact on the fundamentals of the stock market in the second half of this year. Also, even in July next season announced semi-annual financial report may be more motivated to stocks with good business results soaring.


Wednesday, supported by psychological factors, techniques to market changes. Based on the analysis of macroeconomic indicators of the economy and technical analysis, stock market is that the cycle has ended a long-term decline from 2008 - 2012 and began a bull market for the next month and over 650 points in 2013. This factor, plus the impact of wraps 5th Congressional session of Congress (18/6) as well as the resonance factor, psychological help investors become more aggressive with the stock market.

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