Domestic investors opened 88,479 new securities accounts in November, a slight decrease compared to the previous month, according to data from the Vietnam Securities Depository (VSD).
Securities companies participating in the new covered warrant market may find it less attractive to trade covered warrants of large-cap State-owned companies due to their low free-floating ratios.
Vietnamese shares declined on April 13 as the market reversed quickly at the end of the trading session, dragged down by blue chips in banking and energy.
Vietnamese shares rallied on February 26 but the uptrend weakened towards the closing minutes due to selling pressure in a number of blue-chips, especially during the ATC session.
Vietnamese shares posted a strong comeback on February 23 following the previous day’s slump, thanks to strong cash flow which poured into the blue-chips, especially during the ATC session.
Vietnamese shares rose slightly on January 30 after falling during the morning session, due to investors’ profit-taking attempts that hit large-cap stocks in the brokerage, real estate and construction sectors.
Vietnamese shares advanced on strong investor interest in large-cap stocks but declining liquidity signaled further volatility during the last week of the year.
Shares rebounded on the HCM Stock Exchange on November 1 as large-cap stocks returned to positive territory. The overall market trading conditions remained negative, however, and signaled more volatility in the near future.
Shares rebounded on the two stock exchanges on September 12 after many heavyweight stocks recovered following experts’ predictions of a positive market outlook.
Vietnam’s benchmark VN-Index reached a 10-year high last week on the back of a few blue chips. However, the gain was unstable and the index could face a short-term drop in the coming sessions.
Vietnam’s benchmark VN Index remained fragile on August 21, losing its positive momentum as investors remained cautious over the current market downtrend.
Vietnamese shares extended gains on August 7 for a third session as positive investor confidence lifted sectors such as energy and banking-finance industries and several individual large-cap stocks.
Vietnamese shares extended gains for a third day in both local markets on June 30, boosted by high investor expectations for good corporate second quarter earnings reports.
Shares sank for a second day on June 22 as large-cap stocks continued to suffer profit-taking pressure while money sought opportunities in small- and mid-cap stocks.