VietNamNet Bridge - Experts believe that the most important factor that may have a negative impact on the stock market is the exchange rate fluctuation. After the crude oil price in the world market dropped to $40 per barrel following OPEC’s meeting in early December, securities investors have predicted a gloomy future for oil & gas shares, including GAS of the Gas Corporation.To date, GAS remains among the shares with the highest capitalization value in the market which has influences on the VN Index. With the closing price at VND40,300 per share on December 4, its capitalization value has dropped to $3.39 billion, just equal to 1/3 of that in July 2014, when the GAS market price climbed to VND120,000 per share. The shares of the companies in the energy sector are believed to top the list of factors which have negative impact on the stock market in 2016. By December 4, the VN Index has increased by 8.5 percent, but the dong was devalued by 5 percent. Another factor is the … [Read more...] about How will the stock market perform in 2016?
Days stock market is closed
Talk Around Town (21-03-2007) College students catch stock market madness by Trung Hieu The cafes of Hang Hanh Street have long been considered a haven for the capital’s young and beautiful, those who would idly waste away afternoons sipping lattes while engrossed in conversations about how to highlight their hair. This has all changed however, as the street, like much of the country, has been swept up by the mad rush to invest on the country’s red hot stock market. Gone are the conversations about style and fashion, and in their place students discuss the VN Index, portfolios and stock tips. Most I spoke to seemed genuinely happy as their investments were beginning to bear fruit. Traditionally, we often think of the stock market as the playground for the rich, for people that can call on large amounts of capital and can if need be, afford to lose. But today, even students that could be considered poor are jumping into the market feet first in the hope of turning their … [Read more...] about College students catch stock market madness
Stock market analysts talk of comeback (18-06-2008) Brokers during a trading session at Ha Noi Securities Trading Centre. Market analysts say investors’ faith in the stock markets is growing. — VNA/VNS Photo Phuoc Hau HA NOI — Encouraged by recent stirrings of activity on the part of local investors, many analysts have tentatively suggested that faith in the stock markets is on the rebound. According to some medium-sized brokerages in Ha Noi, the number of clients coming to securities firms has increased significantly, a comeback signalled by the hundreds of billions of dong collected during each of the last several sessions. "We cannot give accurate data on income for every single trading day. But we are certain that more and more investors are coming back to the exchange," a representative from the surveyed brokerages said. Starting June 12, the VN-Index began its initial rebound to 370.55. The index has continued to gain over the last five sessions, … [Read more...] about Stock market analysts talk of comeback
A trader watches the stock market's movements at SSI Inc in the last trading session of 2013. — VNS Photo Viet Thanh HA NOI (VNS) — The capital inflow into the stock market is expected to grow in the Year of Horse along with innovations in policies and improvements in the macro-economy. This would boost the benchmark indices on both the bourses. During the January 27 trading, the VN-Index on the HCM City Exchange lost 0.66 per cent to close at 556.52 points, while the HNX-Index on the northern bourse gained 0.76 per cent to reach 74.22 points. According to FPT Securities, investors will remain cautious when they return to the market after the nine-day holiday for Tet (the Lunar New Year). The market will resume operations tomorrow. In the short term, the VN-Index is expected to fluctuate in a narrow band of 550-560 points but the market trends will be positive, FPT Securities said. In the long term, experts forecast that the VN-Index could reach 600 points in the … [Read more...] about Capital inflow into stock market expected to grow
Stock Market: Waiting for Cash Flows In mid-January, investors anticipated a downward spiral in the first month of the year, opposite to the growth trend in previous years. According to statistics, in the period from 2010 to 2015, VN-Index climbed in five Januaries, except for 2010. In 2013, the measure leaped 16 per cent. Optimistic economic data, highly expected business plans of listed companies, and net buying of foreign investors at the back of New Year holidays boosted VN-Index gains in January. Vietnam’s economy is forecast to expand 6.7 per cent in 2015 after climbing 6.68 per cent in 2015 – the highest in five years. The investor sentiment was restored after foreign investors stopped net selling. The market also received other catalyst information like Purchasing Managers' Index (PMI) exceeding 50-point threshold, another drop in gasoline prices by near VND400 per litter, and the shortening of payment terms for securities trading to T+2. But after only the … [Read more...] about Stock Market: Waiting for Cash Flows