Ha noi stock exchange

JLL reported that in the first quarter, Ha Noi did not have new supply on the retail property market. Large shopping malls outside the central business districts (CBD) continued to be attractive to customers in the capital city. … [Read more...] about Ha Noi retail property market faces difficulties in Q1: JLL

Hanoi (VNA) – The State Bank of Vietnam (SBV)’s net purchase of foreign currencies exceeded 11 billion USD in the first half of 2018, increasing the nation’s foreign exchange reserves to approximately 63.5 billion USD. The figures were announced by SBV Governor Le Minh Hung at an online conference between the Government and localities held in Hanoi on July 2. He said the SBV has carried out a flexible currency policy to stabilise the average interest rate. The average lending interest rate was reduced by 0.5 percent over the January-June period. Meanwhile, credit grew approximately 6.9 percent from 2017, with its structure occupied mainly by those lent to the processing-manufacturing sector (16.3 percent) and rural agriculture (21 percent), as well as small- and medium-sized businesses (nearly 7.1 percent). Hung stressed that the credit structure has been shifting towards supporting the development of special production areas like export, rural farming, and the … [Read more...] about Foreign exchange reserves hit 63.5 billion USD

Positive developments in containing COVID-19 pandemic and the improvement of global stock markets are expected to support the market’s recovery. However, the Vietnamese stock market was still oppressed by prolonged foreign selling, the company said. — VNS … [Read more...] about Shares recede on worries of foreign selloffs

Ho Chi Minh City (VNA) — The Saigon Securities Incorporation (SSI) remained the largest broker in Vietnam in the third quarter of 2018, announced the HCM City Stock Exchange (HoSE) on October 3. The SSI was followed by the HCM City Securities (HSC), Viet Capital Securities (VCSC) and VNDirect Securities (VNDS), and MB Securities (MBS). The top five companies together accounted for 49.82 percent of the brokerage market share on the southern bourse during the period. The HoSE report showed that the Q3 market recorded positive signs following strong adjustments made in Q2. The benchmark VN Index increased by 56.35 points or 5.87 percent from Q2.  The capital flow in the market also recovered, with monthly increases recorded. Trading liquidity in the quarter decreased slightly due to investors’ caution, which was resulted from previous long adjustments and the US-China trade war. Average trading liquidity rose to reach 5.376 trillion VND (231.16 billion USD) for all … [Read more...] about SSI continues leading brokerage market share

HCM City (VNA) - Saigon Securities Incorporation (SSI) remained the largest broker in Vietnam in the second quarter of 2018, accounting for 23.08 percent of the brokerage market share, according to the Ho Chi Minh City Stock Exchange (HoSE). In the first half of the year, the company also took the lead with 20.9 percent of the market share, outpacing the second and third positions with 11.7 percent and 9.5 percent, respectively. With these shining results so far, the remainder of the year is likely to be the fourth consecutive year SSI has topped the list. The company said that it will open two branches in the second half of the year, raising the number of its transaction offices to 14. SSI has set a target of pre-tax profits of 1.615 trillion VND (70.8 million USD) on a 3.41 trillion VND (149.56 million USD) revenue this year, year-on-year increases of 12 percent and 15 percent, respectively. Last year it was selected by Forbes Vietnam as the only securities company among … [Read more...] about SSI continues its lead in brokerage market share