- © Copyright of Vietnamnet Global.
- Tel: 024 3772 7988 Fax: (024) 37722734
- Email: [email protected]
Update news stock market
Bank stocks are sold out strongly, despite good business results, due to pressure of corporate bonds nearing maturity. Many stocks even fell to the lowest range in last two years as investors feared cash flow risks.
Bank stocks continue to lag despite lenders posting positive profit growth.
Vietnam looks to upgrade the status of its stock market from frontier to emerging before 2025, the Ministry of Finance said.
The lack of mid-and long-term investment in the real estate market and ambiguous regulations related transactions are hampering its healthy development.
At its peak, securities group contributed up to three presentatives in the billon-dollar maret capitalisation club, with SSI's value even exceeded $US2 billion. But now, no securities names are founded in the list.
Vietnam's stock market has been the biggest decliner in Southeast Asia so far this year, but experts believe that the market will continue this downtrend in the future.
The VN-Index rebounded on Tuesday after four consecutive falling sessions, led by the banking, insurance and steel stocks.
The real estate market is currently going through a tough phase due to a tight monetary policy and a surge in the corporate bonds market. These are the reasons why real estate stocks are also losing their inherent value and luster.
Indices dropped sharply on Monday due to a strong selling force, showing investors’ pessimistic sentiment about the market’s movements.
The orientation of foreign capital flows pouring into Vietnam is heavily influenced by global factors.
VPS continues lead the brokerage market with its market share increasing sharply from 17.1 per cent in the second quarter of 2022 to 18.71 per cent in the third quarter, while SSI's market share reduced from 10.02 per cent to 9. 6 per cent.
The stock market in Vietnam fell into group of world's strongest falling markets when it lost 11.6 percent of its value in September.
Some banking billionaires are seeing their stock assets fall because of decreasing share prices following news about corporate bonds and real estate.
The stock market remains firmly on the growth path in the long term because of the country’s consistently strong economic growth, big foreign investment, attractive valuations, and the high earnings growth expected for listed firms.
Vietnamese shares tumbled to a 20-month low as investors shunned equities and sought safety in less risky assets, with VN-Index becoming Asia's strongest falling index yesterday.
Some businesses have created websites and trading applications, such as Passion Invest, Finhay, Tikop, Infina, Savenow and BUFF, to raise capital under unlicensed business cooperation contracts.
The benchmark VN-Index on Wednesday regained the 1,100-point landmark after falling to a two-year low, but low liquidity may threaten the market recovery in the next sessions.
Billionaire Tran Dinh Long’s assets have fallen by $1.6 billion this year, while billionaire Pham Nhat Vuong has lost $2 billion.
Retail stocks, in general, are expected to produce positive business results this year, especially in the third quarter.
The VN-Index officially lost the 1,110-point mark, retreating to the bottom made in February 2021 in the first trading session of October on October 3.