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Update news vietnam's stock market
Many large securities firms are upsizing their capital scale to compensate for asset risks and potential losses, and prepare for an expected market boom.
Positive signs have appeared in the stock market following a conference discussing lending to the real estate sector. While securities and bank shares have made a breakthrough, real estate and construction shares remain quiet.
The capital flow from exchange – traded funds (ETFs) is returning to the stock market after the market correction in October caused the VN-Index to tumble by nearly 11 per cent but the inflow is not as strong as expected.
The Vietnamese stock market witnessed a bustling trading session on November 8. The signs in Vietnam and the world have improved. However, cash flow to stocks is not strong.
Improved cash flow and positive sentiment drive market trend this week, as cooling domestic exchange rate boosts investor confidence.
Dragon Capital has spent hundreds of billions of dong to buy Sacombank, Vinaconex and FPT Retail shares in bulk.
Analysts believe that the recent support news will improve market sentiment and boost the recovery of benchmark indices.
According to the HCM City Stock Exchange (HoSE), foreign investors were net sellers in October, with a total value of more than VND1.59 trillion.
For the month, the VN-Index plunged 10.9 per cent, the biggest loss since September 2022.
While the market's recovery momentum remains, the upward movement is anticipated to encounter challenges this week due to the potential resurgence of...
The State Securities Commission (SSC) also recommends that investors should beware of fake news when investing in stocks.
According to HNX, since the separate corporate bond trading system went into operation (July 19), there have been nearly 300 bond codes traded.
Analysts believe that cash flow will return this week following signs of recovery late last week. However, individual investors are expected to be very cautious after witnessing the strong sales last week.
Foreign investors' net selling was VNĐ4.6 trillion in September, the sixth consecutive month of net selling by foreign investors on the Vietnamese stock market, according to the State Securities Commission (SSC).
In the context of a vibrant market and increased liquidity, most securities businesses report flourishing earnings results in the third quarter.
The goal of upgrading the stock market by 2025 requires the concerted efforts of ministries and market members.
Vietnam’s stocks are at their cheapest prices in the last 10 years, while long-term economic prospects are positive thanks to the open diplomatic policy. But cash flow is weak from both domestic and foreign investors.
Vietnam is working hard to have its stock market upgraded from frontier status to an emerging market by 2025.
Foreign investors have increased their net buying since the end of September, indicating that they still see the bright prospects of Vietnam’s economy and find its stock market attractive in the medium and long term.
Eight percent of Vietnam’s population or 7.76 million people are now investing in stocks, according to Vietnam Securities Depository (VSD).