Vietnam’s stock market capitalisation on Ho Chi Minh Stock Exchange (HOSE) as of March 31 skyrocketed 93.56 percent year-on-year to more than 4.46 quadrillion VND (193.72 billion USD), HOSE said.
The Vietnamese stock market had a tough time throughout February with most stocks weakening amid concern about the global spread of the coronavirus disease(COVID-19).
The Vietnamese derivatives market has picked up over the last three weeks, with total trading volume nearly reaching the total figure recorded in September.
Thanh Thanh Cong-Bien Hoa JSC (SBT) has announced that the German development finance institution DEG, owned by the German Government, invested 28 million USD to buy convertible preferred dividend stocks at 30,000 VND (1.26 USD) each, 84 percent higher than SBT’s market price on July 25.
Government bond futures contract, a new product in the derivatives market, will be traded on the Hanoi Stock Exchange on July 4, the State Securities Commission (SSC) has said.
The Vietnam Securities Depository (VSD) will apply a new minimum initial margin ratio of 13 percent from July 18 instead of the previous 10 percent for VN30 Index futures to avoid violations and ensure the security of the derivatives market.
The VN-Index of the southern bourse gained nearly 14 points to surpass 980 points on June 22, a recovery after the benchmark index suffered from several tumbles in previous trading sessions.
The VN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 18.26 points to settle at 1,020.76 points on June 12, with over 212 million shares changed hands at a value of over 6.38 trillion VND.
The VN-Index ended with most stocks in green on June 8, the last trading day of the week, helping it maintain the uptrend of the previous days to rise by over two points to approximate 1,040 points.
Shares declined in the afternoon session as strong selling pressure forced the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) to fall below the 950-point mark to close at 948.5 points on May 30.
Vietnam’s stock market recorded a memorable trading session on May 18 when total transaction value surpassed 35 trillion VND (1.54 billion USD) on the Ho Chi Minh Stock Exchange (HOSE).
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