- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: evnn@vietnamnet.vn
Update news bluechips
The market traded two different ways on Friday with the VN-Index failing to cross the psychological level of 1,200 points, as rising selling pressure outweighed demand for riskier assets.
Indices witnessed mixed performance on Thursday, as the uptrend was cushioned by many large-cap stocks, however, lingering selling pressure capped gains.
Vietnam’s stock market made a spectacular breakthrough in the first months of the year with the VN Index staying at the 1,200 point threshold and some blue-chip prices strongly increasing.
The sudden surge in individual investors that had inundated the stock markets throughout last year has not waned in the first two months of 2021, with the VN-Index exhausting at a historical peak of 1,200 points.
The stock market these days is beset with anxiety and cautiousness. Investors cannot predict how the stock prices while foreign investors sell more than buy.
Many big foreign investors are stepping up the sale of shares of leading enterprises in their business fields, raising concern about the departure of foreign capital.
The VN Index increased by 12.86 points on November 20, by 14.75 points on November 21, and 14.36 points on November 22. By November 24, the index had risen by 98.29 points, or 11.7 percent.
VietNamNet Bridge - The VN Index this year has reached new highs, with the 1,000 point threshold, an all-time high, expected to be very near.
Having smaller charter capital and not being as well-known as big companies like Hoa Phat and The Gioi Di Dong, smaller companies still can make fat profits and become ‘kings’ in their business fields.
Viet Nam’s benchmark VN Index remained fragile on Monday, losing its positive momentum as investors remained cautious over the current market downtrend.
Many transactions worth millions of dollars have been made recently, stirring up the stock market. The common characteristic of the deals was that they were made by female investors.
VietNamNet Bridge - Hundreds of trillions of shares in dong transacted on the bourses since the last days of 2016 have brought great opportunities to investors.
VietNamNet Bridge - Many enterprises have reported unsatisfactory business results for 2015, with shares remaining attractive in investors’ eyes.
Vietnam is emerging as one of the most attractive emerging markets, as reported in many foreign newspapers and financial newswires, after the government of Vietnam lifted the foreign ownership ratio ceiling in unconditional business fields.
The Vietnamese stocks have become cheapest than ever. Investors now keep the wait-and-see attitude and look forward to the measures to rescue the market promised by watchdog agencies.