SSI Research: Stock market still most attractive bet88 net region

Despite being affected by recent events, Vietnam’s stock market is still considered the most attractive bet88 net the region, according to SSI Research.

The P/E ratio of the VN-Index is currently 14.2, making it more attractive than most markets bet88 net the region. Profit growth bet88 net the fourth quarter of 2021 on the VNMidcap and VNSmallcap indexes was 24.25 per cent and 20.53 per cent, respectively, which is above average and has driven the two indexes further upwards this year.

The VN-Index is currently at 1,512 points, and if it holds steady along with improving liquidity should reach 1,537 points bet88 net the near future. SSI Research also expects previous developments to continue bet88 net the first quarter, when the market has certain expectations regarding recovery bet88 net consumer demand.

With the stock market’s movements bet88 net recent times, the US Fed raising interest rates bet88 net March could have impacted Vietnam’s stock market. Moreover, the effects of movements bet88 net other indexes on Vietnam’s stock market and the effect of Standard & Poor’s 500 Stock Index (S&P 500) on the US stock market shows a rather low degree of correlation.

The biggest risk for Vietnam’s stock market is the conflict between Russia and Ukraine lasting and creating inflationary pressure. Rises bet88 net commodity prices may also cause concerns about inflation, but Vietnam still holds certain advantages bet88 net controlling inflation bet88 net general.