Many giants on the stock exchange saw a drastic fall in stock prices in 2022, with losses amounting to more than US$11 billion. This sharp correction of the stock market last year also caused huge losses for several retail investors as well.
After hitting a record low in 2022, Vietnam’s money supply (M2) will rebound in 2023 and become an important driver for the recovery of the stock market, KB Securities Vietnam (KBSV) forecast.
There were no new IPO deals in Vietnam in the third quarter of 2022, according to recent data from Deloitte, as the figure was only counted in the first half of the year.
Although the VN Index has returned to an attractive level compared to previous sessions, issues such as low-levels of liquidity and corporate bonds risks still need to be resolved for the market to once again gain momentum.
Correction of stock market in recent months has caused speculative stocks to plummet. Many investors have moved out of the stock market due to poor speculation and hot stocks introduced by securities with the nickname A7.
From the beginning of November 2022 to now, many securities companies have increased their margin lending interest rates by 1-1.5 percent compared to before.
The merchandise amount to stabilize the Ho Chi Minh City market during the month of Quy Mao Tet holiday 2023 is estimated to satisfy 25-43 percent of the community’s demands. This is the information delivered by Deputy Director of the HCMC Department of Industry and Trade Le Huynh Minh in yesterday’s October summary meeting for socio-economic-medical tasks in the city.
Many financial experts are now blaming rising interest rates by central banks across the world and the current geopolitical changes across the globe for the drastic plunge in liquidity in the stock market.
The Ho Chi Minh Stock Exchange (HOSE) recently announced the market share of brokerage transaction value in the third quarter of 2022. And there are big changes among the top 10.
After the recent increase in credit limit, the State Bank of Vietnam (SBV) has granted 13.6 percent of the total 14 percent credit room in 2022. The SBV continues to prioritize inflation control and macroeconomic stability, maintaining low lending interest rates to support businesses and economic recovery.
Delisting shares on the stock market is a tool for market regulators to create a transparent investment environment, and filter and remove poor quality stocks that cause market manipulation, strengthening investors' confidence in the stock market.
Ordinary citizens face higher risk in the current stock market environment, said the Ministry of Finance in a recent report released after a number of recent high-profile corporate scandals.
The capital scale of securities companies has grown robustly in the past two years. In the context of the current sharp decline in market liquidity, this resource is somewhat redundant, and the race to attract customers is heating up.
Several deep and prolonged corrections in the stock market of late have caused many domestic securities companies to face heavy losses, after a phase of continuous profit-making. On the other hand, foreign securities companies are still reaping good profits due to lending activities.
Minister of Finance Ho Duc Phoc has responded in writing to a NA delegate of Lam Dong province on issues related to the management of capital, stock and bond markets.
