Vietnamplus

Three large-cap companies that debuted on the Ho Chi Minh Stock Exchange (HoSE) in 2019 saw their shares beaten by the benchmark VN-Index at the end of the year.

The number of investors opening new accounts in 2019 fell from the previous year, according to the Vietnam Securities Depository (VSD).

Foreign investors have poured around 36.4 billion USD into the Vietnamese stock market by the end of 2019, a rise of 11.6 percent from a year earlier, according to the State Securities Commission (SSC).

Vietnam’s stock market is expected to lure more foreign capital in 2020, according to brokerages.

US-Iran tensions and pre-Tet sentiment will be two key factors impacting the Vietnamese stock market in the coming week (January 6-10).

The Securities Journalists Club has selected the top 10 events on the Vietnamese stock market in 2019 as followed.

The year 2019 was full of difficulties, and thanks to high efforts of relevant parties, the stock market did not witness a big collapse, said an official of the State Securities Commission of Vietnam.

Shares in securities companies seem to have lost their shine for investors in the face of fierce competition from foreign-invested firms.

After having declined for four straight weeks, the Vietnamese market may rebound in December as analysts and securities companies expect that cheaper shares will attract hungry investors amid the world’s volatility.

The Ho Chi Minh Stock Exchange (HoSE) is preparing to receive billions of shares after companies delayed listing plans due to poor trading conditions.

Vietnam’s benchmark VN-Index last week ended at its 13-month high but its struggle on the last two days signalled growth had stalled and it would move sideways in the coming week.

The VN-Index is expected to enter an uptrend towards a new resistance zone after successfully penetrating the psychological resistance mark of 1,000 points, analysts said.

The number of new listing firms on the two local bourses has remained modest in the first nine months of the year.

The market is forecast to move sideways with alternative ups and downs in a narrow range this week, analysts have predicted.

Vietnamese shares advanced on October 8 as attention shifted to companies with good earnings prospects amid a lack of supportive information.

Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.

Vietnam’s benchmark VN-Index could breach the 1,000 point mark in the last quarter of the year after the Q3 corporate earnings season and with investors shifting attention towards firms with hopes for full-year earnings growth.

The market sentiment will remain lateral in September weighed down by global economic and political tensions while trading quiet amid speculations of Q3 corporate earnings.

Investors may want to brace for a bumpy trading week as the Vietnamese stock market is still vulnerable to the unpredictability of global shocks in geographic, political and economic conditions.

The Vietnamese stock market suffered during the week from July 29 to August 2 after having rallied for four consecutive weeks amid negative news from the international markets.