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Masan's stock price skyrockets after securities companies raise valuation


Thursday, July 08, 2021, 08:30 GMT+7
People browse for fresh vegetables at a VinMart supermarket.
After the trading session ended on Wednesday, Masan Group (MSN) stocks reached VND116,000 (US$5) per share but many local and foreign financial institutions estimated that the company s target price is much higher.
‘Awakening giant’
Many securities companies have predicted that the VN-Index will reach 1,500 points by the end of the year.
However, investors still have to seek stocks with good growth potential if they want to gain profits.
In this context, analysts have recently raised their valuation of many large-cap stocks from such sectors as banking and securities, as well as from large-cap companies in the market. ....

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