VIETNAM BUSINESS NEWS JULY 19 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
19/07/2021 09:28 GMT+7
Shares to move sideways with low liquidity
The market will continue to move sideways this week with low liquidity to gradually form a strong enough accumulation base before returning to the uptrend, analysts said.
The VN-Index was maintaining the recovery span from the support area of 1,286-1,261 points with low liquidity, which was a typical sign for an accumulation period, said analysts from SSI Securities Joint Stock Company (SSI).
“The current bottom-fishing demand is still weak, so it was likely that the VN-Index will continue to move sideways with low liquidity,” they said.
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Thursday, 09:30, 08/07/2021
It is forecast that the total export turnover of wood and forestry products for the whole year will reach US$15.5 billion, a year-on-year increase of 17%.
Packing wooden furniture for export to the US at Trieu Phu Loc Company in the southern province of Binh Duong
The figure was revealed by Bui Chinh Nghia, Vice General Director of the Vietnam Administration of Forestry (VNFOREST) under the Ministry of Agriculture and Rural Development, at a conference held on July 7 to review its performance in the first half of the year and set tasks for the second half of 2021.
The export value of wood and forestry products in the first six months of this year was estimated at US$8.71 billion, up 61.6% compared to the same period last year, the conference heard.