The benchmark VN-Index rose 14 percent last year to end at 1,103.87 points. The markets had fallen sharply in March and July because of Covid-19 outbreaks, but bounced back quickly as the government managed to contain the spread and maintain economic growth. … [Read more...] about Stock brokerages’ earnings jump as surging markets attract record investor numbers
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Big stocks keep falling, VN-Index loses nearly 71 points
All sectors posted poor performance this morning. The banking sector posted the biggest loss, with big names hitting the maximum daily loss like Vietcombank (VCB) down 6.98 per cent, JSC Bank For Investment And Development Of Vietnam (BID) down 6.9 per cent, Vietinbank (CTG) down 6.9 per cent, VPBank (VPB) down 6.91 per cent and MBBank (MBB) down 6.88 per cent. … [Read more...] about Big stocks keep falling, VN-Index loses nearly 71 points
VN-Index plummets 55 points on fresh Covid-19 cases
With Vietnamese stocks plummeting, foreign investors seem to be bottom fishing when net buying a total of VND250 billion worth of stocks in the first trading hour, with CTG of state-owned lender VietinBank, HPG of steelmaker Hoa Phat Group, and STB of private lender Sacombank the most bought up stocks. … [Read more...] about VN-Index plummets 55 points on fresh Covid-19 cases
Corporate bond market forecast to be robust this year
However, not every enterprise was in a safe enough situation for bond issuance, Duong said, adding that there were many of small scale, especially those operating in real estate development, but issue corporate bonds much higher than their equity, posing risks to the market if these enterprises fell into difficulty and failed to pay debts. … [Read more...] about Corporate bond market forecast to be robust this year
Singapore detains teen for intending to attack mosques
“He could only foresee two outcomes to his plan: that he is arrested before he is able to carry out the attacks, or he executes the plan and is thereafter killed by the Police,” the ISD said, adding he planned to carry out the attack on the anniversary of the Christchurch killings. … [Read more...] about Singapore detains teen for intending to attack mosques