28.9 C
Ho Chi Minh City
Monday, April 28, 2025

spot_img

TAG

HoSE

Market expectations for July

Although the market may slow down in July, there will be divergence among industry groups, as money continues to move flexibly to those companies with solid business results. Market outlook for July With Vietnam’s expansionary monetary policy in place and the U.S. Federal Reserve’s decision to halt interest rate hikes, the VN-Index showed a positive trend for the second consecutive month, recording a 4.2% gain in June. Alongside this significant increase, liquidity also improved, with the average trading value on all three exchanges reaching VND19 trillion per session, a 38% increase compared to the previous month. Notably, the trading volume on the HOSE reached its highest level since March 2022. However, after a series of winning sessions, the market came under profit-taking pressure, leading to a correction trend in late June. Concerns arose regarding investigations into stock price manipulation at certain companies and the possibility of the Fed raising interest rates in the second half of the year. Fed Chairman Jerome Powell’s recent remarks hinted at a potential interest rate hike in July and during the central banking system’s next meeting in September. This news is not favorable for stock investors. If the Fed increases interest rates, the State Bank […]
To read more, please click here.

FPT sees H1 profit up nearly 20%

HCMC - FPT Corporation (stock code: FPT) posted over VND24.1 trillion in revenue and around VND4.3 trillion in pre-tax profit in the first half...

BaF Vietnam issues VND300 billion worth of bonds

HCMC - BaF Vietnam Agriculture JSC, which trades its BAF shares on the Hochiminh Stock Exchange, has issued VND300 billion worth of corporate bonds,...

PV GAS earns after-tax profit of over VND6 trillion in H1

HCMC - PetroVietnam Gas Joint Stock Corporation (PV GAS), which trades its GAS shares on the Hochiminh Stock Exchange, made revenue of an estimated...

PV GAS D to pay 45% cash dividend

HCMC - PetroVietnam Low Pressure Gas Distribution JSC (PV GAS D), which trades its PGD shares on the Hochiminh Stock Exchange, has planned to...

Two more stocks disallowed for trading in Q3

HCMC – The Hochiminh Stock Exchange, or HOSE, today, July 5, released a list of 76 stocks and fund certificates ineligible for margin trading in...

Latest news

spot_img