Sign in
|
Register
International Edition
Home
Business & Finance
Investing Tools
News
Live Quote:
On
RSS
My Page
|
Contact Us
RSS
Markets
|
Industries
|
Stocks
|
Analysis Reports
|
Expert Ideas
|
World Indices
|
Currencies
|
Commodities
RSS
Company A-Z
|
Stock Screener
|
My Portfolios
|
Streaming Quotes
|
Technical Analysis
RSS
Markets
|
Companies
|
Banking & Finance
|
Economy
|
Real Estate
|
International
Quotes
News
Reports
Investing Tools
Company A-Z
Company Search
Stock Screener
Portfolios
Trigger Alerts
Technical Analysis
Live Terminal
Mobile Tools
Useful Links
My Profile
My Favorites
Friday, April 26, 2024 4:04:19 AM
-
Markets open
VN-INDEX
1,204.97
-0.64/-0.05%
HNX-INDEX
227.57
-0.30/-0.13%
UPCOM-INDEX
88.33
-0.04/-0.05%
Vietnam ranked top among world's biggest rising markets
Đài tiếng nói VN - 7/28/2015 2:19:05 PM
(
0 ratings. You must sign in to rate.
)
Print
|
Add To Favorites
|
Email
|
RSS
Vietnam's VN Index topped a list of the world markets that rose the most between June 24 and July 24.
The VN index was followed by other international markets such as Denmark and the Czech Republic, according to the World Market Index (IndexQ).
The VN Index on the Ho Chi Minh Stock Exchange (HOSE) gained 7% during that period to end at 631.26 points by the end of last week.
IndexQ also reported that the VN Index rose the most in the last three months, with growth of 11.58% – more than the Chinese and Mongolian markets.
Since the beginning of the year, the VN Index has grown by 15.7%, which doubled growth of 8.1% last year and marked the third consecutive year of growth for Vietnamese securities markets.
This high growth came after the Government issued Decree 60 on June 26 to increase foreign ownership in local companies, which then sharply raised the foreign purchasing value on the stock market.
During the 20 trading sessions that ended last week, foreign investors were net buyers in 17 sessions on both local bourses – the Ho Chi Minh Stock Exchange and Hanoi Stock Exchange.
They totaled VND2 trillion (US$92.04 million) in net buy value from June 26 to July 24, including the highest value of VND457.2 billion (US$20.95 million) on June 26 – the first trading session after the decree was issued.
On average, foreign investors recorded a daily net buy value of VND100.4 billion (US$4.6 million) during this period, 2.5 times the value recorded in the first six months.
Last week, HOSE marked its fifteenth year of operation, during which increasing foreign investment has helped improve the status of Viet Nam's securities market, represented by the VN Index.
By the end of June, there were 303 companies on HOSE, with a total market capitalisation of more than VND1,100 trillion (US$500.5 billion), 87 member securities companies and 1.5 million investors.
Last year daily transactions performed through HOSE were valued at more than VND2.1 trillion (US$96.3 million), representing 77%, or the combined figure of exchanges in Ho Chi Minh City and Hanoi.
Newer News
19/04
Market upgrade to begin a new phase of development
16/04
Market plunges, HOSE's value evaporates $10 billion
16/04
VN anticipates market impact as KRX stock trading system launches
10/04
Banks and oil stocks endure a tough day, leaving with market volatility
05/04
Oil stocks see bright prospect amid rising prices
05/04
HoSE's stock market capitalisation in March rises by 3.1% compared to February
03/04
Stocks rebound as cash flow surges into large-cap shares
23/03
Shares sustain gains on strong investor confidence
20/03
Vietnamese securities companies race to boost capital amid high market demand
19/03
Large-caps pressured as increased profit-taking drives share decline
Older News
28/07
Foreign investors seen keeping active trading
28/07
HOSE listed firms report double capital rise
27/07
Local markets to test benchmarks
25/07
VN’s stock market grows highest in Southeast Asia in H1
25/07
Local indices end on mixed note
25/07
Listing regulations spur trading on the UPCoM
24/07
Selling pressure hampers growth
23/07
Few brokers record H1 profits
23/07
Strong demand for blue chips lifts both bourses
22/07
Insurance codes suffer as investors offload shares
Newsletter Signup
*
*
Top Stories
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
PM Chính requires strengthened gold market management
Bank shareholders to receive high dividends, stock bonuses
Shares sustain gains on strong investor confidence
Market Update
HOSE
HNX
UPCOM
World
Last updated at
3:05:00 PM
VN-INDEX
1,204.97
-0.64/-0.05%
Top 5 Actives
Top 5 Gainers
Top 5 Losers
Market Overview
My Favorite Quotes
Recent Quotes
Portfolio Summary
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Current value:
Total gain/loss:
/
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
Choose a sector
Basic Materials
Industrials
Consumer Goods
Health Care
Consumer Services
Utilities
Financials
Technology
Oil & Gas
Telecommunications
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple
Portfolios
to help you better manage your investments.
Trigger Alerts
Get up-to-date
alerts
delivered directly to your email address.
Stock Screener
Allow you to
filter the market
and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME
streaming quotes
for hundreds of stocks from HOSE, HNX and UPCOM exchanges.