Global market index

New investors had flocked to the stock market in the past months to ride the VN-Index’s impressive recovery as Covid-19 dampened the charm of other investment channels such as savings and real estate. According to the Vietnam Securities Depository, last December, over 60,000 new accounts were opened at securities companies. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months

By 10:40 a.m., the VN-Index had lost nearly 24 points to 1,168 points, something securities firms attributed to profit-taking pressure from investors. With the sudden rise in sell orders, the HoSE trading system froze, and indexes, liquidity, and number of stocks gained and lost stood still for nearly 20 minutes. … [Read more...] about VN-Index plummets over 74 points

Nguyen Tri Hieu, an economist - PHOTO: NGOC TRAN By the end of last week (January 15, 2021), the stock market in Vietnam was still in growth territory with the benchmark VN-Index ending at 1,194.2 points and the HNX-Index at 225.27. The Saigon Times spoke with economist Nguyen Tri Hieu to get his insight into what is in store for the stock exchanges in Vietnam. Excerpts: … [Read more...] about Economist: VN-Index does not reflect the economy

Before Tuesday’s session, the VN-Index rose nearly 8 per cent since early January. Looking back to 2020, the market was on an uptrend since August and the VN-Index has gained nearly 50 per cent from 798 points seen on August 20 to 1,191 points on Monday. … [Read more...] about VN-Index suffers biggest lost since Q1/2020, liquidity hits record

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