Vietnamese shares rebounded on Thursday, bolstered by the growth of blue-chip stocks as investors sought stocks that had been hit hard in the previous session.
Analysts are interpreting the recent dip in banking stocks, with some finding cause for concern while others remain confident about the potential for double-digit growth.
Vietnamese shares ended Wednesday on a negative note after foreign investors extended their net selling streak, further damping investor sentiment.
Stock-listed Acleda Bank Plc (ABC) on June 15 announced that ASA Plc, an institutional stakeholder, will divest 16.16 per cent of its holdings in the bank – or four per cent of total outstanding ABC shares – to be made available for trading on the Cambodia Securities Exchange (CSX) this year.
VPS Securities will become the first brokerage to charge a monthly service fee starting July 1.
An investors’ association has requested the finance ministry to investigate suspicions that “trash stocks” on the HoSE are being manipulated to several hundred times their actual value.
Shares gained slightly on Tuesday as investors sought stocks in the 'Vin' family, bolstering the overall stock market.