Market struggles, bank stocks face strong sell-off
The breadth of the market was negative as the number of decliners surpassed that of gainers by 173 to 143.
The breadth of the market was negative as the number of decliners surpassed that of gainers by 173 to 143.
As capital flows no longer flood heavily into banking sector equities, they may transfer to other large-cap stock groupings, with the steel industry predicted to...
Nguyen The Minh, Director of Research and Analysis at Yuanta Securities Vietnam, predicts that by 2024, firms would be more confident in making plans, perhaps...
The market performance last week indicated strong differentiation with short-term capital flows showing positive rotation within each group and stock. This has led to...
Friday saw a resurgence in the VN-Index following a three-day downturn, primarily attributed to the recovery of several prominent large-cap stocks.
The stock market experienced a minor decline on Thursday as a result of the downward trend observed among prominent banking stocks within the large-cap category.
According to Mr. Nguyen The Minh, Director of Research and Analysis at Yuanta Securities Vietnam, the VN-Index is predicted to reach 1,414 points by 2024 under the...
The State Securities Commission (SSC) issued an official dispatch requesting securities companies to immediately stop signing new agreements and to settle all...
In the fourth quarter of 2023, overall brokerage revenue of securities companies fell 21 per cent from the third quarter, while the outstanding balance increased by...
Foreign investors were still net buyers on the southern exchange.
The market's upward momentum remains intact with no signs of a reversal.
According to Mr. Bui Hoang Minh, Head of Analysis at HSC Securities, although the interest rate differential between Vietnam and other countries has narrowed, there is...
The scenario in which the US Federal Reserve lowers interest rates will also stimulate cash flow from the currency market back into international capital markets.
Vietnam is working hard to have its stock market upgraded from frontier status to an emerging market by 2025 with the launch of the KRX system - an information...
More than 1 billion shares were traded on the southern bourse, worth VNĐ22.75 trillion (US$928.7 million).
Listed companies’ earnings growth is expected to recover from zero last year to 10-15 per cent this year, but with a wide variation between sectors, according to Michael...
The index's downtrend was mainly driven by losses in large-cap stocks. The VN30-Index, which tracks the 30 biggest stocks on the southern bourse, dipped by 0.28 per...
The return of banking stocks leading the market’s trend and a surge in liquidity signal significant capital entering the stock market.
However, foreign capital was still run away from the market as foreign investors withdrew a net value of VNĐ411.27 billion on both main exchanges.
Meanwhile, the market continued to witness an outflows from foreign capital as foreign investors net sold on both main exchanges.
Vietcap Securities Joint Stock Company (Vietcap) predicted a potential weakening in the upward momentum of the VN30 basket, which could result in downward adjustments...
Shares declined on the two national exchanges on Wednesday as large-cap stocks were hit by profit-taking after the market advanced for two consecutive sessions.