Ho Chi Minh Stock Exchange
Latest News about Ho Chi Minh Stock Exchange
This month’s adoption of new infrastructure is expected to disentangle technical congestion in the Ho Chi Minh Stock Exchange – a dragging conundrum for both institutional and mom-and-pop investors.
Shares are forecast to rebound this week on the positive Q1 earning results and stable cash flow, analysts said.
The market ended lower last week as many large-cap stocks faced selling pressure after the VN-Index hit a new high of over 1,255 points.
Vietnam's stock market edged lower on Tuesday as selling pressure reappeared in many sectors.
Shares are forecast to go up this week, propelled by foreign net buying and positive first-quarter business results from listed companies.
The market closed higher on Monday as a series of banking and real estate stocks surged, propelling the indices.
Vietnam’s stock market capitalisation on Ho Chi Minh Stock Exchange (HOSE) as of March 31 skyrocketed 93.56 percent year-on-year to more than 4.46 quadrillion VND (193.72 billion USD), HOSE said.
Southeast Asia Commercial Joint Stock Bank (SeABank) on March 24 listed more than 1.2 billion SSB shares on the Ho Chi Minh Stock Exchange - HOSE (HSX) with the reference price of VND16,800 per share and the price range of +/- 20%.
The Ho Chi Minh Stock Exchange (HoSE) wants to raise the minimum trading lot from 100 shares to 1,000 to ease its overload.
The Ho Chi Minh Stock Exchange (HoSE) is considering stopping the allowance of order amendments or cancellations during trading activities to reduce system overloads which have troubled traders recently, the bourse said.
The Vietnamese stock market is forecast to maintain an upward trend this week on upbeat investor sentiment, after seven consecutive gaining weeks of the market with increased liquidity.
The Vietnamese stock market climbed to its 32-month high last week and the rally may keep going in the coming week.
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.
Vietnam Airlines Group, listed as HVN on the HCM Stock Exchange, earned nearly VND24 trillion (US$1.04 billion) in total consolidated revenue in the first nine months of this year, marking an estimated loss of VND10.75 trillion,
icon SCI-TECH & ENVIRONMENT
Digiworld Corporation will start selling Apple products from the end of this month, confirmed Doan Hong Viet, the company’s chairman and general director.
The Vietnamese stock market is forecast to struggle this week with rising caution among investors as they wait for the market to reach its balance point.
Food producer KIDO Group (KDC) has announced that it is entering the beverage industry by setting up a joint venture with dairy giant Vinamilk.
The Vietnamese stock market may move marginally up as investors look forward to foreign exchange-traded funds (ETFs) to complete their quarterly investment reviews.