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Update news stock market
The stock market on September 11-16 was shaken with a selling trend in the majority of business fields, especially real estate. The VN-Index dropped by 30 points before slightly recovering at the end of the week at 1,227 points.
The Hochiminh Stock Exchange (HOSE) has announced to add six more stocks to the warning list due to their failure to timely submit audited financial statements for the first half of 2023.
The Vietnamese stock market was dynamic in the first trading week of September, thanks to positive macroeconomic news.
In the first eight months of 2023, cash flow into ETFs investing in Vietnamese stocks reached more than VNĐ2.8 trillion.
Many stock sell/purchase deals have been made recently by the sons and daughters of billionaires, catching the special attention of investors.
If including the whole week before the long holiday, the VN-Index increased by 3.4 percent, despite some worrying factors, including exchange rate fluctuation.
Global investors' attention is shifting to Vietnamese stocks, which have a higher long-term rate of return (ROR) than stocks in other emerging markets in the region and the world.
The Hochiminh Stock Exchange (HOSE) has announced that seven more stocks are now ineligible for margin trading, taking the total count of restricted stocks and fund certificates to 94 as of August 31.
The Vietnamese stock market has bounced back and exceeded the 1,200 point threshold, with bank, real estate and securities companies’ shares soaring in price. Several billion dollars are awaiting disbursement.
The stock market has witnessed many sessions where billions of shares have been being traded. More new records have been broken and new signs have emerged, raising a question if these are opportunities or risks for investors.
The Hochiminh Stock Exchange, or HOSE, is gearing up to launch its new trading system, KRX.
The Vietnamese stock market experienced a shocking trading session last week with the VN Index down 55.5 points, or 4.5 percent. However, experts say the drop should be seen as an opportunity rather than a risk.
Investors of the Republic of Korea (RoK) were net buyers of stocks in Vietnam, at 9.1 million USD, in the first 11 days of August, over four times higher than the net buying of 2.12 million USD in July.
The Hanoi Stock Exchange (HNX) has announced that after six years of operation, the derivative stock market has shown positive and stable growth, with active trading and an increasing number of investors.
Vietnam's stock market in the first 7 months of 2023 has seen impressive growth, surpassing major stock markets in the world such as the US, Korea, India, and China.
Gains in the property developer Vingroup was not able to lift the market's downtrend.
By the end of July, there were 43 stocks with market capitalisation of over US$1 billion, according to the latest data published by the Ho Chi Minh City Stock Exchange (HoSE).
Real estate shares were the focus of the stock market last week with Vingroup share prices up by 21 percent and good news about the government’s efforts to remove obstacles from the real estate market. The stock liquidity was firm at over $1 billion.
Demand for electricity is expected to continue to rise rapidly as the country’s economic growth regains momentum in the near future.
Vietnam’s stock market is witnessing the fastest and strongest recovery since the beginning of this year, as the VN-Index has surpassed the threshold of 1,200 points.