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Update news VN Index
VietNamNet Bridge - Five VP Bank shareholders were added to the list of the 20 richest stock billionaires after VP Bank entered the bourse several days ago.
Viet Nam’s benchmark VN Index remained fragile on Monday, losing its positive momentum as investors remained cautious over the current market downtrend.
Stock analysts remain cautious on the market outlook this week in the context of a deficiency in supporting information as well as the weakening participation of foreign traders.
VietNamNet Bridge - The share prices of many securities companies have increased since the beginning of the year thanks to the rising stock market.
The good performance of macroeconomic indexes has supported the strong rise of the stock market, which has experienced the best six-month period in the last nine years with growth rate of 14.4 percent.
VietNamNet Bridge - Within a short time, capital flow to the stock market unexpectedly surged this year and broke the record of 10 years ago.
VietNamNet Bridge - Vietnam should try to improve its stock market to make it more attractive to investors, rather than wait for a higher ranking, experts have said.
The Vietnamese stock market has surpassed its counterparts in the Philippines, Indonesia and Thailand to become the fastest-growing market in the region in the first six months of the year.
VietNamNet Bridge - The VN Index has increased by 14.4 percent this year, staying firmly at the 9-year peak. However, many divestment deals have been made by foreign investment funds.
Vietnam has not been upgraded to emerging stock market as expected because of the problems relating to the forex market and limited foreign ownership in Vietnamese companies.
VietNamNet Bridge - In the first half of the year, the VN Index exceeded the 700-point and then the 750-point threshold, the highest point since 2009.
VietNamNet Bridge - Analysts believe that the stock market is still the most effective investment channel this year, though the yield will be lower than in the golden days in the past.
VietNamNet Bridge - Tens of trillions of dong have been poured into bank shares as investors hope prices will continue to rise thanks to reasonable policies on resolving bad debts.
Many transactions worth millions of dollars have been made recently, stirring up the stock market. The common characteristic of the deals was that they were made by female investors.
VietNamNet Bridge - Billions of dollars have been poured into the stock market within a short time, returning the market to its peak of 10 years ago.
VietNamNet Bridge - Many new shares entered the bourse in late 2016 and early 2017, and the VN Index has bounced back to the 700 point threshold for the first time in the last nine years.
Vietnam is working with MSCI (Morgan Stanley Capital International) on the Vietnamese stock market upgrading.
VietNamNet Bridge - Why can’t the private economic sector grow more quickly, even though more policies and resolutions on developing private businesses have been created recently?
The Party Central Committee’s Inspection Commission’s decision to take disciplinary actions against Dinh La Thang will not have any negative impact on the stock market, analysts say.
VietNamNet Bridge - The Q4 2016 audited finance report of the Thai Nguyen Iron & Steel Corporation (Tisco) shows that the company had debts of VND6.078 trillion, half of which were short-term debts.