Vietnamplus

Foreign investor confidence in Thailand remains strong due to the country’s robust economic foundations and profit growth among listed companies.

The benchmark VN Index lost 3.7 points to settle at 908.56 points on December 24, with nearly 159 million shares worth more than 3.7 trillion VND (159.1 million USD) traded.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 2.7 points to close at 955.89 points on December 10.

HNX30 Index continues to underperform

With banks tightening credit to the property sector, developers should look at the stock market for capital, experts told a workshop on “Potential and opportunities for investment in property stocks on November 30.

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.

The surge of some large-cap stocks on the afternoon of November 26 helped the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) recover.

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 market capitalisation of stocks and fund certificates has seen significant growth this year, equivalent to more than 80 percent of GDP and exceeding the goal set for 2020, according to an official.

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.

Vietnamese shares ended in negative territory as large-cap banking stocks lost steam in the beginning of the month.

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.

Shares declined on August 31 on both national stock exchanges before the National Independence Day Holiday, led by heavyweight stocks.

Stocks struggled on August 30 morning, but buying force was overwhelming in the afternoon’s session, helping the market rebound.

Vietnamese shares are forecast to extend their growth in the final week of August by a marginal rate while volatility is widely expected by analysts as buyers are believed to be cautious due to the lack of news that could bolster optimism in the market.

Vietnamese shares advanced on August 22 despite investors’ profit-taking as overall market sentiment remained positive about the possibility of resolving China-US trade tensions.