Stock market

The Ho Chi Minh Stock Exchange said it was considering deducting points of businesses who does not include information on greenhouse gas emissions in the annual report period of 2022.

The last few years have seen a decline in revenue across most businesses, especially those in real estate, where the pressure of corporate bonds maturing within this year has many enterprises fearing a state of insolvency.

It erased more than half of Wednesday’s gain and set for a weekly loss due to weaker appetite for risk assets.

Currently, Vietnam's stock market is experiencing a decrease in liquidity, and foreign capital inflows are being viewed as crucial support to help the market recover.

Foreign investors continued their net buying streak for the fifth consecutive session on the HoSE with a total net purchase value of over VND841 billion. Market liquidity also significantly improved.

After the Chinese Government announced the resumption of tours to Vietnam from March 15, aviation and tourism stocks simultaneously increased sharply.

The cash flow poured into the market heavily, so many stocks rebounded robustly, helping the VN-Index surpass 1,040 points at the close. Foreign investors also net bought for a second consecutive session with more than VND243 billion on the HoSE.

Outstanding business results in 2022 were factors for investors to expect great hopes in seaport stocks in 2023. However, recent statistics show that seaport enterprises are facing turbulent times as demand has fallen all round.

The loss was attributed to a stronger selling force and the outflow of foreign capital.

Investors remain concerned about rising interest rate, corporate bonds maturity date, and reduced profit growth of listed companies.

Stocks were sold off heavily in the ATC session on February 22, causing the VN-Index to fall off the support level of 1,060 points.

The VN-Index recovered for a second consecutive trading session on February 16 despite investors’ cautiousness which caused market liquidity to drop sharply.

Nearly 710 million FLC shares will be removed from the HoSE as of February 20 to protect the interests of investors.

Pillar stocks, such as STB, BID, and VRE, rallied in the last minutes of the trading session on February 13, cushioning the losing momentum of the VN-Index, helping the index to close above 1,040 points.

Due to cautious investors, market liquidity was low on both official exchanges, with a total trading value of less than VND9 trillion.

Thanks to the strong recovery of the trio of banking, securities, and steel stocks, the VN-Index closed the trading session on February 8 at above 1,070 points.

Foreign investors have maintained a net buying position on the stock market since November 2022, partly contributing to maintaining confidence in the recovery of the VN Index.

Several blue-chip stocks plummeted due to strong selling pressure, causing the VN-Index to lose nearly 24 points in the trading session on February 7.

The selling pressure caused the electric board to be flooded in red color with more than 600 stocks dropping. However, this is an opportunity to catch the bottom of cheap stocks for cash-holding investors.

Ho Chi Minh City Stock Exchange (HoSE) yesterday held a gong beating ceremony to officially open the first stock exchange session for the new Lunar year.