Hnx index

One of the reasons that caused the VN-Index to drop by more than 31 percent in the first three months of the year was foreign investors’ capital withdrawal which also created strong pressure on the market, especially large-cap stocks. Particularly, foreign investors net sold more than VND10 trillion in the first quarter of this year or a total volume of 543.6 million shares. Their heavy buying in January encouraged several stocks to make a breakthrough, especially before the lunar New Year. However, in February and March, due to the complicated developments of the Covid-19 pandemic, foreign investors continuously net sold. In March alone, they net sold up to VND8.83 trillion, or 430 million shares. … [Read more...] about Foreign investors net sell more than VND10 trillion in Q1

However, what concerns me most involves bankruptcy risks. First, it is clearer in the case of companies in the aviation, travel, shopping and entertainment industries which are being frozen by social distancing in countries across the globe. However, when these countries take their grips to the next level—canceling festivals, closing national borders and requesting their citizens to stay at home—their entire economies will be frozen. Then it will no longer be a problem of only airlines, cinemas or shopping malls because the manufacturing sector will be affected, too. The current oil price war has heightened the bankruptcy risks of American shale oil companies, which have relied heavily on loans. … [Read more...] about What to do with our money