Ha Noi Stock Exchange
Latest News about Ha Noi Stock Exchange
Even though economic growth is expected to strongly recover this year as the pandemic has been contained, companies in many sectors have still lowered their profit targets.
Banks are sprinting to transfer the listing of shares from Unlisted Public Company Market (UpCom) to official bourses before the Law on Securities takes effect from the beginning of 2021,
Although Vietnam's stock market has experienced five consecutive weeks of gains with record-high liquidity, analysts said investors’ caution and the uptrend would weaken as the VN-Index approaches the resistance level of 1,030 points.
The benchmark VN-Index on the Ho Ch Minh Stock Exchange (HoSE) gained 0.62 per cent to close Friday at 847.61 points.
Unlisted public companies are planning to move to the Ho Chi Minh and Ha Noi stock exchanges to increase share liquidity and capital.
Vietnamese stock market is forecast to move higher this week, where correction and volatility is expected.
Local stocks are expected to keep rising this week but their growth would be slower as goods news dries up.
Margin lending may be allowed on the Unlisted Pubic Company Market (UPCoM), the State Securities Commission (SSC) vice chairman Pham Hong Son said on Wednesday.
The Ha Noi Stock Exchange (HNX) will continue petitioning State management agencies this year to consider allowing margin trading on the Unlisted Public Company Market (UPCoM).
The Vietnamese stock market has been forecast to fall next week amid fears of coronavirus and a focus on pharmaceutical stocks.
The derivatives market is likely to grow stronger in 2020, offering high profitability to investors, analysts have said.
Market analysts and experts have forecast a brighter outlook for the stock market in 2020, but challenges remain arising from internal and external influences.
Vietnamese shares may bounce back next week as investors will seek stocks that suffered sharp falls in previous sessions, analysts said.
Although the Unlisted Public Company Market attracts less attention from investors than the HCM and Ha Noi stock exchanges, the market still offers potential opportunities for market players who thoroughly understand it.
A total 237 companies on the Unlisted Public Company Market (UPCoM) have joined the listed firms’ assessment of information disclosure for 2018-19.
Concerns about the US-China trade talks have lifted for now, and investors are turning their attention to third quarter earnings reports and how listed companies will perform in the last three months of the year.
The VN-Index is forecast to face correction pressure when approaching the 1000-point milestone this week as market sentiment is responsive to global market fluctuations, analysts said.