Latest News about shares
Brokerage firms and market experts remain pessimistic about market trading this week as investors run out of supportive information while international stocks continue to be weighed down by the novel coronavirus (COVID-19).
Japanese insurer Sumitomo Life has registered to buy more than 41.4 million shares of local insurer insurance-finance-banking group Bao Viet Holdings (BVH).
The increasing demand for finance has prompted a clutch of Vietnamese corporations, such as FLC Group, to seek out overseas initial public offerings, but after previous failures, few want to be the first to try their luck.
The VN-Index had rallied between the end of October and the beginning of November, with strong growth of large-cap firms.
Shares of four Vietnamese banks may rise 14-68 percent in 12 months, according to JP Morgan’s Asia Pacific Equity Research.
As many as 706 enterprises, 85 per cent of 832 listed companies on the Vietnamese stock market, generated profits during the third quarter of this year.
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.
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.