markets

Update news markets

HNX to ask for margin trading on UPCOM

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).

 

Foreign investors buy net $2 million on UPCoM in January

Foreign investors in January bought a total net value of VND46 billion (nearly US$2 million) worth of shares on the Unlisted Public Company Market (UPCoM).

 

Pharmaceutical stocks benefit from disease spread

Pharmaceutical stocks are experiencing an upsurge as fears of coronavirus have boosted demand for healthcare products and services, lifting demand for shares.

 

Trading liquidity key to market growth

Trading liquidity is key to luring foreign capital into the Vietnamese stock market in 2020 when the local equity market is being weighed down by negative ratings and global developments.

 

Fewer investors opened new trading accounts in 2019

The number of investors opening new accounts in 2019 fell from the previous year, according to the Vietnam Securities Depository (VSD).

FDI firms face difficulties in listing

There are currently only 10 FDI enterprises listed on local exchanges compared to the tens of thousands of FDI firms operating in Viet Nam.

Grab to pour additional $500m into Viet Nam on favourable business conditions

Southeast Asias largest ride-hailing firm, Grab,has announced plans to invest an additional US$500 million in Vietnam over the next five years.

 

VN stocks to head up in December, trade war concerns expected

After having declined for four straight weeks, the Vietnamese market may rebound in December as analysts and securities companies expect that cheaper shares will attract hungry investors amid the world’s volatility.

 

Masan MEATLife set to list shares on UPCoM

Masan MEATLife Joint Stock Company, a subsidiary of Masan Group, will list its shares on the Unlisted Public Company Market on December 9 at a reference price of VND 80,000 (US$4.46).

 

Seafood processor Hung Vuong to sell 5 million treasury shares

Hung Vuong Corporation (HVG), one of the biggest seafood processors in Viet Nam, plans to sell five million treasury shares to raise capital to supplement business activities and enhance operational efficiency.

 

VN brokerages rush to raise capital

Vietnamese securities companies are looking to raise capital to supplement business activities and enhance operational efficiency.

Bottom fishing may push shares up slightly

Vietnamese shares may bounce back next week as investors will seek stocks that suffered sharp falls in previous sessions, analysts said.

Firms rush to buy back shares following global trend

Following a global trend of share buybacks, many Vietnamese businesses are now repurchasing their own stocks to stablise prices.

Technical recovery expected but massive spending is risky: analysts

The VN-Index had rallied between the end of October and the beginning of November, with strong growth of large-cap firms.

HCM City stock exchange rolls out three new indices

The Ho Chi Minh Stock Exchange on November 18 introduced three new stock indices developed based on the investment requirements of local funds.

UPCoM offers opportunities for market players

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.

 

VN firms issue total US$7.7 billion worth of bonds in 10 months

Commercial banks remained the biggest bond issuers with VND79.4 trillion worth of bond issuance, accounting for 44.4 per cent of the total figure.

Open-end funds expect stronger performances in 2020

The strong increase of the number of fund accounts prove investors are becoming more interested in open-end funds’ products and services.

Better disclosure means higher share prices for UPCoM firms: HNX

A total 237 companies on the Unlisted Public Company Market (UPCoM) have joined the listed firms’ assessment of information disclosure for 2018-19.

Inspectors to check food safety throughout country

The national steering committee on food safety has set up six inspection teams to check food safety and hygiene for the coming Tet (Lunar New Year) festival.