hanoi stock exchange
Latest News about hanoi stock exchange
The prospect of the Vietnamese stock market this year will be brighter, with profits of listed firms in 2020 likely to increase by 18% against 2019 while the VN-Index may rise by 20.7%.
The market is forecast to move sideways with alternative ups and downs in a narrow range next week, analysts have predicted.
The Vietnamese derivatives market has picked up over the last three weeks, with total trading volume nearly reaching the total figure recorded in September.
Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.
Streamlining stock and securities activities in the country, the new State-owned Vietnam Stock Exchange (VSE) will take charge of regulating and supervising the Hochiminh Stock Exchange (HoSE) and the Hanoi Stock Exchange (HNX).
The Vietnam Electricity (EVN) collected over 219 billion VND (over 9.6 million USD) from an auction of its shares at EVN Finance, as it is trying to divest from the company, according to the Hanoi Stock Exchange (HNX).
Investors may want to brace for a bumpy trading week as the Vietnamese stock market is still vulnerable to the unpredictability of global shocks in geographic, political and economic conditions.
The two national stock exchanges will be merged into one single stock exchange and named the Viet Nam Stock Exchange. It will be headquartered in Ha Noi.
The Hanoi Stock Exchange (HNX) began on July 4 the trading of five-year Government bond futures contract, a new product in the derivatives market.
Merging the two national stock exchanges would improve efficiency and trading conditions, the 14th National Assembly heard at a meeting on June 6.
Vietnamese shares may continue falling this week as investors remain pessimistic about economic and business prospects in 2019.