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Vietnam’s benchmark VN-Index dropped 0.63 percent to 1034.85 points Tuesday, lowest in five weeks. The index closed 6.51 points lower after losing 1.55 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 3% to VND9.42 trillion…
Vietnam’s benchmark VN-Index dropped 2.15% to 1,065.84 points Tuesday. The index closed 23.45 points lower after gaining 12.14 points on Monday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 26.65% to VND12.17 trillion ($515.35 million). The…
Vietnam’s benchmark VN-Index dropped 1.02% to 1023.19 points Wednesday, with two-thirds of blue chips falling. The index closed 10.56 points lower after gaining 5.81 points on Tuesday. Trading on the Ho Chi Minh Stock Exchange (HoSE) fell by 6% to VND10.10…
Vietnam’s stock market was the world’s worst performer this week with an 8.5% decline. It was followed by Russia, down 4.8%, and Venezuela, down 1.87%, according to market data provider StockQ. Over the last four weeks Vietnam has been the world’s second…
Investment in securities, a major source of income for many companies during the two years of Covid-19, has become a financial burden this year after markets plunged. Da Nang Housing Investment Development reported losses of over VND90 billion ($3.85 million)…
Vietnam’s benchmark VN-Index started off the week in the red with a 1.25 percent drop to 1,440.23 points Monday morning, the lowest in 11 weeks. The index fell by 17 points as of 11:06 a.m. after ending in the red in four out of the last six sessions. The…
The VN-Index began the new lunar year with a 1.5-percent jump Monday morning, led by aviation and energy stocks. It gained 22 points to 1,503 points at 11.20 as the market reopened after the nine-day Tet break, reaching a near four-week high. It represents a…
Netflix investors haven’t been happy with the company and its recently announced 2021 final quarter report. Netflix has failed to meet its forecast for subscriber count for the last quarter of 2021, and this has caused its stocks to plummet by a staggering…
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…
PhillipCapital’s derivatives broking arm in Malaysia has entered into a business sale and purchase agreement with Alliance Investment Bank to purchase its stockbroking business. The strategic partnership arrangement will allow Phillip Futures to expand its…
Vietnam’s overloaded main bourse, the Ho Chi Minh Stock Exchange, next week will begin testing a new system from South Korea which it plans to use later this year. The system would have the capability to handle “many times more” transactions than now, Le Hai…
With most traditional asset classes taking a beating from the economic downturn caused by Covid-19, investors are flocking to the stock and cryptocurrency markets. At lunchtime on a regular working day, a smartly dressed young woman was sitting in a corner in…
The share prices of UBS and Credit Suisse tumbled in line with their European counterparts. Investors fear the coronavirus will spark a wider recession – and banks will bear the brunt. Credit Suisse shed more than 13 percent in early trading on Monday, losing…
Chinese multinational conglomerate holding company Alibaba Group has filed confidentially for an initial public offering in Hong Kong, Bloomberg reported on Thursday, citing people familiar with the matter. Previously reported that the group was mulling a…
Vietnamese shares slid yesterday as large-cap companies faced strong selling amidst a lack of supportive information while investors awaited discussions on the amended securities law. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange fell 0.91 per cent…
The Thai stock market has moved lower in back-to-back trading days, sliding almost 10 points or 0.6 percent along the way. The Stock Exchange of Thailand remains just beneath the 1,750-point plateau and it’s tipped to open in the red again on Wednesday. The…
