VN-Index loses nearly 39 points, market capitalization evaporates VND153.5 tril

VN-Index loses nearly 39 points, market capitalization evaporates VND153.5 tril

With several negative information in the market, the VN-Index continued to decrease by nearly 39 points in the last session of the week on October 7. Market capitalization on the HoSE lost another VND153.5 trillion in the trading session to VND4.12 quadrillion. The VN-Index was in the top five Asian stock indexes with the sharpest drop on October 7.
Stocks hit floor, VN-Index falls by nearly 29 points

Stocks hit floor, VN-Index falls by nearly 29 points

Stockholders dumped shares heavily, whereas investors holding money did not participate in the market, causing the VN-Index to retreat to near 1,200 points. With a drop of roughly 29 points in the trading session on September 19, all previous gains of the VN-Index in August were erased.
Delisting poor quality shares helps make market more transparent

Delisting poor quality shares helps make market more transparent

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.
Market capitalization on HoSE loses VND1.01 quadrillion in first seven months

Market capitalization on HoSE loses VND1.01 quadrillion in first seven months

Although the market capitalization on the Ho Chi Minh Stock Exchange (HoSE) in July 2022 has increased by VND40 trillion (US$1.72 billion) compared to the previous month due to the recovery of the stock market, the market capitalization of the HoSE in the first seven months of 2022 has evaporated VND1.01 quadrillion ($43.43 billion) compared to the end of 2021.
Foreign investors net buy VND4.02 trillion in April

Foreign investors net buy VND4.02 trillion in April

In the week before the holiday of the Reunification Day and International Labor Day, although many domestic investors sold off many groups of stocks, foreign investors were still net buyers, with a total volume of 19.6 million shares, equivalent to a net buying value of more than VND813 billion (US$35.45 million) in the whole market.
FLC “ecosystem” insignificantly affects Vietnam’s economy

FLC “ecosystem” insignificantly affects Vietnam’s economy

After Trinh Van Quyet, Chairman of the Board of Directors of FLC Group, was arrested and detained, many experts said that although stocks in the "ecosystem" of FLC attracted many investors, because of its rather small scale, it cannot affect the stock market in particular, as well as the economy in general.
How did Trinh Van Quyet acquire stocks?

How did Trinh Van Quyet acquire stocks?

The Investigation Police Agency under the Ministry of Public Security (C01) has recently prosecuted Trinh Van Quyet, Chairman of the Board of Directors of FLC Group, to investigate the act of stock market manipulation.