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Vietnam’s benchmark VN-Index plunged 4.49 percent to 1,269.62 points Monday, a nine-month low, with 221 tickers out of 484 on the Ho Chi Minh Stock Exchange hitting the floor. The index stayed in the red throughout the day and closed nearly 60 points lower…
Vietnam’s benchmark VN-Index rose 0.93 percent to 1,353.77 points Wednesday but with trading value lowest in nine months as investors’ sentiment remain low after recent plunges. The index stayed in the red throughout the day but strong buying pressure in the…
Vietnam’s benchmark VN-Index dipped 0.1 percent to 1,502.34 points Wednesday after six gaining sessions. The index climbed by 10 points in the morning but strong selling pressure in the afternoon pulled it down by 1.4 points after rising nearly 58 points in…
Vietnam’s stock market was the seventh biggest gainer last year at 35.7 percent, outperforming regional peers, as new retail investors rushed to a new asset for profit. With the benchmark VN-Index rising 394 points to close the year at 1,498 points, Vietnam…
The Business Climate Index of European companies rose 3 percentage points to 18.3 in Q3, showing improving perceptions on Vietnam’s economic outlook. The rise from the historic low of 15 points in September came as business leaders were more optimistic about…
Vietnam’s benchmark VN-Index fell 0.01 percent to 1,395.33 points Tuesday, continuing along with a narrow band near the 1,400-range resistance. Last-minute selling pressure pulled the index down by 0.2 point. It has been fluctuating within a three-point…
Journalist Jordan Wildon stated on Twitter that WhatsApp groups may not be as secure as people thought they were and shared a screenshot, showing some links to groups appearing in Google search results. Apparently, when users create a link to send to someone…
Stack, an Asia-based provider of cryptocurrency trackers and index funds, has launched the single-asset index fund in response to investor demand. It expects to capture $750 million in assets under management within 2020, Matthew Dibb, co-founder of Stack…
Singapore has reclaimed its number three rank in the 2020 Bloomberg Innovation Index, after leaping three spots. However, economies across Asia-Pacific showed a mixed picture of progress. Singapore’s rise against global peers was underpinned by stronger…
Tokyo stocks closed lower on Tuesday following media reports saying Indian warplanes crossed into Pakistani airspace over the ceasefire line in Kashmir and dropped payloads. The benchmark Nikkei 225 index, which opened higher, lost 0.37%, or 78.84 points, to…
At over VND3 trillion ($129.21 million), foreign buying in the local bourses from February 1-25 is three times the January figure. Foreign investment since the beginning of the year has been worth over VND4.3 trillion ($185.16 million). They have been…
The discussion between the US and China with respect to their bilateral trade would likely be the highlight for the equity market next week, says an economist. It could also be a source of market instability, said Bank Islam Malaysia Bhd chief economist Dr…
Last year’s uncertainties and unclear future scenarios are reflected in more cautious assessments than number crunching for 2019. Nguyen Duy Hung, chairman of SSI, a leading Saigon broker, said that with a drop of over 20 percent from its peak, when the…
The VN-Index closed the last trading day of 2018 at 892.54 points, down almost 10 percent from the year’s outset. This was a drop of 93 points from January 2, the first trading day of the year. The benchmark closed below the 900-point mark on Friday, a drop…
As business results fall short of targets, Vietnamese blue chips are falling faster than the stock market’s continued plunge. Vietnam’s benchmark VN-Index dropped 23.5 percent to 917.97 points on Friday from its April peak over 1,200 points. In corresponding…
Southeast Asian stock markets ended higher on Wednesday tracking a firm finish on Wall Street, though they posted heavy losses in October. Financial markets across the globe faced a raft of negative factors, including Sino-U.S. trade tensions, to worries…
