HÀ NỘI — The State Securities Commission of Việt Nam (SSC) has ordered the Hồ Chí Minh Stock Exchange (HoSE) and securities firms to apply short-term, mid-term and long-term solutions for overload orders which forced the exchange to halt trading since the end of last year. … [Read more...] about SSC sets out measures to address stock market overload issue
Sa stock market
Stocks drop sharply after a bull run
A passer-by walks past the statue of a bull and a bear in front of the Hochiminh Stock Exchange in District 1, HCMC. The VN-Index suffered a steep decline on January 19 – PHOTO: THANH HOA HCMC – After an extended period when stocks grew steadily, the local stock market plunged drastically today, January 19, seeing numerous stocks plunge into the red. … [Read more...] about Stocks drop sharply after a bull run
Panic selling sends VN-Index to biggest losing session in six months
According to analysts, after gaining continuously for the past 30 days, during which the VN-Index rose by 124.48 points, a large-scale correction is not a surprise, but the severity of the freefall this session was a result of the large number of inexperienced investors participating in the market, and those using margin trading. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months
VN-Index plummets over 74 points
This is the strongest single-session decline in the HoSE’s 20-year history in absolute value, and erased all accumulated gains of the VN-Index since the beginning of the year up to now. The market only had 38 stocks remaining in green, while those in the red exceeded 440. … [Read more...] about VN-Index plummets over 74 points
Economist: VN-Index does not reflect the economy
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