The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 3.83 points to 918.12 points by the end of November 12, driven by petroleum and securities stocks.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) inched up 0.67 point to settle at 925.53 points on November 5, driven by petroleum and banking stocks.
After suffering for nine consecutive sessions, strong rebounds of the benchmark VN Index last week raised hopes for a short-term recovery with forecasts predicted to touch 940-950 points this week.
As the stock market is experiencing strong volatility and shows little signs of strong recovery, the State may struggle to sell its stake in State-owned enterprises (SOEs) on schedule.
Experts have forecast real estate stocks might peak in the first half of 2019 or even earlier, in the last quarter of this year.
The Vietnamese stock market lost steam by the end of October 22 due to the rising selling pressure.
Vietnamese shares ended in the red on October 15 as widespread selling pressure hit many large-cap stocks on the day.
Vietnamese shares have been in the red as most large-cap stocks lost steam, caused by the sell-off on the world’s stock market.
Selling pressure increased at the end of October 10's trading session while purchasing demand was not enough to save indices from falling.
Most investment funds in Vietnam’s equity market have recorded modest gains and were beaten by the growth of the benchmark VN-Index in the past three quarters.
The Saigon Securities Incorporation (SSI) remained the largest broker in Vietnam in the third quarter of 2018, announced the HCM City Stock Exchange (HoSE) on October 3.
Vietnamese shares ended in negative territory as large-cap banking stocks lost steam in the beginning of the month.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 8.32 points to hit 1,011.29 points at the end of September 24, with 186.72 million shares traded worth nearly 4.39 trillion VND (188.32 million USD).
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 3.73 points to 987.61 points at the end of September 17, with 164.6 million shares worth over 3.9 trillion VND (167.2 million USD) traded.
Vietnam’s stock market capitalisation increased 13 percent against the end of last year, reaching nearly 3.97 quadrillion VND (169.5 billion USD) by the end of August.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose 1.44 points to 970.43 points at the end of September 10, with 190.6 million shares worth over 3.6 trillion VND (183.9 million USD) traded.
Vietnam’s stock market will have to pin its hopes on foreign investors to continue recovering in September, said Bernard Lapointe – head of the research division at Rong Viet Securities Corporation.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) dropped 13.6 points to settle at 975.94 points on September 4.
