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Monday, October 2, 2023

Profit growth gives stock prices a boost

By Trieu Duong

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In an economic landscape largely shrouded in uncertainty, the dramatic profit growth of several companies has emerged as a bright spot, moving stock prices up. Securities companies Securities companies have substantially benefitted from the stock market recovery since the start of the second quarter, particularly in light of the back-to-back interest rate cuts. According to statistics, outstanding margin loans in the whole market amounted to VND143.5 trillion by the end of Q2 2023, a 20.5% increase from Q1. This has contributed to progressive improvement in market liquidity, featuring lively transactions […]
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