HOSE continues shutting down on January 24

SGGP
The Ho Chi Minh City Stock Exchange (HOSE) has announced that it continues shutting down on January 24 for testing with securities companies before officially resuming operation.

HOSE’s announcement about operation halt on January 24

HOSE’s announcement about operation halt on January 24

The operation halt approved by State Securities Commission of Vietnam (SSC) aims to ensure safety and accuracy for transaction system.
After the technical breakdown in the afternoon on January 22, HOSE must stop its operation on the following day when capital flow ran into the Hanoi Stock Exchange (HNX) and the Unlisted Public Company Market (UPCoM). The two bourses saw a strong increase in both points and liquidity.
Foreign capital was strongly affected on January 23. From net buying in previous sessions, foreign sector transferred into net selling with the total value of VND41.5 billion ($1.83 million).

By NHUNG NGUYEN – Translated by Hai Mien

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