EXPRESS SURPRISE, SECURITIES DOWN. SMALL CAPITAL STOCKS LEAVE EFFECTIVELY
POSTED ON 🔮AUGUST 15, 2023
BY HUY TRUONG MINH
After a net selling of over 950 billion on the second day, foreign investors continued to net sell more than 530 billion today. It seems that foreign investors are worried about exchange rate risk. SBV raised the central rate by 33 dong from Monday, to 23,881 dong/USD, while the free rate jumped to 23,975, surpassing the peak in March 2023. Pressure from large-cap stocks caused the market to decline while small-cap stocks still managed to gain
POSTED ON 🔮AUGUST 15, 2023
BY HUY TRUONG MINH
After a net selling of over 950 billion on the second day, foreign investors continued to net sell more than 530 billion today. It seems that foreign investors are worried about exchange rate risk. SBV raised the central rate by 33 dong from Monday, to 23,881 dong/USD, while the free rate jumped to 23,975, surpassing the peak in March 2023. Pressure from large-cap stocks caused the market to decline while small-cap stocks still managed to gain
