Vn index

Logo of Techcombank on its headquarters in Ly Thuong Kiet Street, Ha Noi. The bank shares surged nearly 4 per cent on Tuesday, helped lift the market sentiment. — VNS Photo Ly Ly Cao The Vietnamese stock market diverged on Tuesday, but the VN-Index extended its rising streak to the sixth straight day. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased 2.04 points to end the trading day at 1,054.29 points, or up 0.19 per cent. The breadth of the market remained in positive territory with 166 stocks on HoSE inching higher, while 158 stocks went down. Liquidity continued to rise over the previous session. Specifically, the trading value on the southern exchange advanced by 15.4 per cent to more than VND11.2 trillion (US$477 million), equivalent to a trading volume of 648.1 million shares. The VN30-Index, tracking the 30 biggest stocks on HoSE, edged up 2.37 points, or 0.22 per cent, to 1,058.82 points. In the VN30 basket, 12 stocks added points, while 13 slid and … [Read more...] about VN-Index rises for sixth day in a row

Vietnam’s stock market system has been improved in recent times through more transparent management, Photo: Le Toan At a seminar in March on the strategy for development of Vietnam’s securities market for this decade, Shimizu Akira, chief representative of the Japan International Cooperation Agency (JICA) in Vietnam said it is urgent to improve the fairness and transparency of the domestic market for Vietnam’s stock sector to become a more attractive and efficient capital mobilisation channel. “The Vietnamese government has made strides and implemented swift remedies to the issue, including on the revised Law on Securities and launching the Vietnam Stock Exchange,” Akira said. Based on the proposal of the Vietnamese government, JICA has implemented a technical cooperation project to strengthen the capacity of the State Securities Commission (SSC) and the three stock exchanges through providing practical knowledge and know-how on the regulatory activities in Japan and other … [Read more...] about Hurdles still to climb for stock market gain

Analysts forecast that there is still motivation for net buying from foreign investors in the future. — Photo hsx.com.vn Many factors are expected to draw cash flow back to the stock market, especially that from foreign investors. Although foreign investors only net bought VND400 billion in 5 trading sessions in the past week, a sharp decrease compared to over VND2.3 trillion in the previous week, analysts forecast that there is still much motivation for net buying from foreign investors in the future. Foreign investors’ net buying value on the Ha Noi Stock Exchange (HNX) also decreased by 75.6 per cent to VND41 billion, while their net selling value on UPCOM totalled VND27 billion, an increase of 66.8 per cent compared to the previous week. In general, foreign investors net bought VND340 billion on the matching channel and bought another VND60 billion via the put-through channel. Regarding the buying side, foreign investors focused on collecting Vinhomes (VHM) shares, Hoa … [Read more...] about Many factors support foreign capital flow