Vietnamplus

Investment funds have seen their net asset value (NAV) increase strongly during the third quarter of this year thanks to positive movements of the market.

Exchange-traded fund (ETF) SSIAM VN30 on August 18 officially listed 5.6 million shares, worth 56 billion VND (2.4 million USD), on the Ho Chi Minh City Stock Exchange (HOSE).

Most investment funds in Vietnam’s equity market reported negative growth in net asset value per share (NAVPS) in H1 due to a stock market downturn, resulting from the impacts of the COVID-19 outbreak.

SSI Asset Management Co Ltd (SSIAM) will launch an IPO for its exchange-traded fund ETF SSIAM VN30 between May 26 and June 29.

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).

Foreign investors bought more Vietnamese stocks than they sold in January, snapping a month-long streak as net buyers after offloading shares in the last five months of 2019.

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

The Vietnamese derivatives market has picked up over the last three weeks, with total trading volume nearly reaching the total figure recorded in September.

After two years of operation, smaller securities firms in terms of market capitalisation have beaten big players in derivatives brokerage market share.

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.

More than 75,000 trading accounts were opened on the derivatives market as of the end of June, officials announced on July 25.

The Hanoi Stock Exchange (HNX) began on July 4 the trading of five-year Government bond futures contract, a new product in the derivatives market.

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 Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank) has announced its audited financial report for 2018 with impressive numbers.

Investors may keep betting on bank stocks this week, securities firms said, but selling pressure may weigh on the market’s overall performance as local stocks are considered as being overbought in recent days.

Vietnamese shares struggled on March 11 as the market declined due to low liquidity.

On the first day of the New Year, the Government issued Resolution No 01/NQ-CP/2019 for the robust development of the securities market, especially the derivatives segment.

HNX30 Index continues to underperform

Vietnam’s benchmark VN Index ended November with a volatile session with more than half of the blue chips closing in negative territory due to investors’ worries about the market’s prospect.

Selling pressure increased at the end of October 10's trading session while purchasing demand was not enough to save indices from falling.