Vietnam's stock market accessibility set to improve with new changes: MSCI
The local stock market is expected to be upgraded to the emerging status by 2022.
The local stock market is expected to be upgraded to the emerging status by 2022.
The HoSE has also announced the imminent test of a new trading system provided by the Korea Exchange from June 14-August 8.
Once the testing period is completed, the new system could be put into operation this year.
This could be a good opportunity for investors to consider buying good stocks that have gradually plummeted to the short-term support area, said a securities company.
The backup system is expected to help HoSE solve the overload issue completely.
The market liquidity at HoSE this morning session exceeded VND21.7 trillion (US$944.8 million), triggering the system alarm.
Strong business results were thanks to sound performance in fields of real estate, natural resources, chemicals and services.
As the benchmark Vn-Index is on track to reach the new height of 1,300 points in short-term, domestic capital inflows would serve as a major driver for growth.
After completing moving stocks to the Ho Chi Minh City Stock Exchange (HoSE), the one in Hanoi (HNX) would be responsible for government bond transactions and management of the derivatives market.
This is a short-term move to help ease the current overload issue at Ho Chi Minh Stock Exchange (HoSE).