Vietnamplus

Indices were mixed on Wednesday, with some large-cap stocks rebounding from the recent sell-off.

In December 2021, the market benchmark VN-Index could have surpassed 1,498 points if it were not affected by the holiday, Dragon Capital said in a recent report.

State capital divestment planning and the removal of limitations on foreign ownership are expected to drive insurance stocks to flourish in 2022.

Vietnam's benchmark stock market index (VN-Index) hit a new record high on January 6 morning session after rising 6.07 percent to reach 1,528.57 points.

Market capitalisation on the Ho Chi Minh Stock Exchange (HOSE) rose more than 42 percent year-on-year to 5.8 quadrillion VND (254.83 billion USD) by the end of 2021, accounting for 92.77 percent of the previous year’s GDP.

Vietnam's benchmark stock market index (VN-Index) hit a fresh record high on January 4 morning session after rising 19.67 points, reaching 1,517.95 points, much higher than the previous peak of 1.500 points.

The Hanoi Stock Exchange (HNX) on January 4 held a gong-beating ceremony to start the first trading session of the Vietnamese stock market.

As of December 30, five out of the best growth stocks in Vietnam have seen increases of more than 1,000 percent in value, with one even reaching an over 2,000 percent rise.

Vietnam’s stock market saw another record this week, with the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) closing at a new peak of 1,488.87 points, up 25.24 points, on November 24.

Vietnam’s VN-Index surpassed the 1,480 benchmark for the first time, reaching 1,481.91 points on November 18 morning.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) set a new record high on November 8 morning, inching up 7.89 points to hit 1,464.4 points on the back of oil, insurance, securities, real estate and retail stocks.

Liquidity on Vietnam’s stock market hit a new record on November 3 with nearly 52 trillion VND (more than 2.2 billion USD) worth of shares traded on all bourses.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) reached a historic peak on the October 27 trading session, with cash flow increasing strongly and foreign investors returning to net buying trillions of VND after a period of consecutive net selling.

Vietnam’s stock market mobilised total capital of 292.1 trillion VND (12.8 billion USD) in the first nine months of this year, up 12 percent compared to the previous year.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) picked up 4.01 points to a new peak of 1,412.56 points in the last minutes of this morning’s trading session.

After hitting a low point in March and April last year, Vietnam’s stock market has surged and has continually recorded new historical highs.

The stock market of Vietnam has fluctuated in line with others around the world since the beginning of 2021, when the markets of the US, the UK, Thailand, and the Republic of Korea, among others have posted growth of over 10 percent.

Even though the stock market is expected to continue rising, securities firms still warned of some corrections in the short-term due to profit-taking pressure.

Capitalisation on the Ho Chi Minh Stock Exchange (HOSE) in May rose 7.07 percent month-on-month to more than 4.97 quadrillion VND (over 216 billion USD), equivalent to about 79.09 percent of the country’s GDP at the end of 2020.

Vietnam’s benchmark VN-Index rose 3 points on June 3 to reach a record-high of 1,340.78 points.