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The stock market outlook is forecasted to be more optimistic, as the economy is expected to recover in the second half of 2023

(CTT-Dong Nai) - After a long time of experiencing "the plunging", now the stock market is starting to show many signs of recovery with liquidity is always high. 

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Stock market in the first 6 months of 2023 - Source: Internet 

Recently, the Government has introduced support measures for economic recovery. These measures include the expansion of fiscal and monetary policies; business results of companies and businesses on the floor will recover in the last 6 months thanks to the lowered interest rates and economic stimulus policies of the Government. Accordingly, it is expected that in the second half of 2023, the economy will recover its growth, and the stock market outlook is forecasted to be more optimistic.

Experts on the stock market pointed out that, in terms of investment opportunities, because most stocks have recovered strongly, with a recovery rate of 50-100% from the bottom, in the last 6 months of the year, a big spike in profits in all stocks is unlikely to happen in the short term.

Normally, after the cash flow spreads to the entire market, then when the income statement is released, the cash flow will be diversified again, focusing on businesses with good business results as well as growth potential in the last two quarters of the year. Therefore, investors should choose businesses that have good profit growth in the second quarter compared to the same period and have the potential to continue to grow in the next 2 quarters.

Director Nguyen The Minh of Product Research and Development at Yuanta Securities Vietnam Co., Ltd. - a company with its head office in Ho Chi Minh City and a branch in Dong Nai said that in the last months of the year, stock groups in the fields of securities, real estate, retail, construction and building materials, oil and gas services, etc., are ones that are forecasted to have a lot of potential due to reasons such as lowered bank interest rates, the increase of market expectation in the last 6 months of the year and liquidity improved.
In addition, the 2% reduction in VAT helps stimulate consumption growth and improves net profit margin of the retail group. Measures to restore liquidity in the real estate market, as well as the greatest pressure of real estate corporate bonds, have shown signs of diminishing, which will affect stocks in this field. Public investment activities strongly promote construction group and building materials…
Securities is a sensitive field with macro information. Therefore, investors, especially those who are new to investing, need to be cautious when making investment decisions. Mr. Tran Van Thanh (living in Binh Da Ward, Bien Hoa City) said: “I started investing in stocks about 3 years ago. As the market has many signs of recovery like now, I am looking for information and analysis from experts to choose suitable sectors and stocks to receive investment in the last months of this year".
Meanwhile, Master of Laws graduate Nguyen Doan Dat, Director of the Senior Customer Center, KB Vietnam Securities Joint Stock Company - Ho Chi Minh City branch shared, the main trend of the market is still to recover, so investors participating in the market can take advantage of market corrections to increase their ownership of stocks in the portfolio. ​

Author: Phan Anh

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