Stock Market

The February figure remained a significant one as this was the shortest month in a year, not to mention that the week-long Tet holiday fell on February.

A 1,000 minimum trading lot will limit the participation of small investors, while the stock market is moving towards fairness and equality.

The new change is set to take effect from March 3, 2021, under a SSC’s instruction once a technological solution could fully solve the current overload issue on HOSE.

The daily turnover in Vietnam’s stock market has been extremely high for the last several months, said the head of independent Finish fund manager Pyn Elite Fund.

The problem if further persists in long-term will make investors become disillusioned on the fairness and transparency of Vietnam’s stock market.

Investors are more well-prepared in terms of financial capabilities, knowledge and understanding of risks in the stock market.

Strong attention from investors helped boost banks stocks’ value, but those of petroleum companies were the highlight of this morning trading session with many reached the ceiling, namely PVB, PVC, PVD, PVS, PVT, or PXS.

Before Tet holiday, the stock market showed sign of recovery following a historic slump, while the gold prices on the world market was on the declining trend.

Banking sector is set to post a strong growth of 21-28% year-on-year in pre-tax profit in 2021, subsequently leading to higher value of banks stocks.

Compared to the same period of last year, liquidity surged a whooping of 291.04% in transaction volume and 334% in value.