According to the Vietnam Securities Depository (VSD), domestic investors opened 86,269 new securities accounts in January this year. Of the newly-opened accounts, 86,000 belonged to individual investors. It is the month with the highest number of new securities trading accounts ever.
Vietnam’s stock market extended its winning streak to seven trading sessions in a row on January 11 as several large-cap stocks, including VHM, HVN, and BCM, hit the ceiling.
After surpassing 1,130 points in the previous trading session, Vietnam's stock market sometimes jumped by nearly 20 points in the trading session on January 6.
With a sharp plunge in the US stock market along with the high increase in the previous trading session, investors on Vietnam’s stock market focused on taking profit right from the beginning of the trading session, causing the benchmark to drop by nearly 5 points. However, the bottom-catching cash flow massively poured into the market, causing the VN-Index to rebound vertically, surpassing 1,130 points.
Commercial banks have been rushing to list shares on the stock exchange, not only because of the D-day but also because the wave of king stocks has returned. Many banking stocks have risen by 30-50 percent, and some stocks even have risen by 100 percent compared to the beginning of the year, prompting bank owners to take the opportunity to put their shares on the market.
Vietnam’s stock market increased by nearly 10 points in the trading session on December 9, thanks to the rally of banking and large-cap stocks, including VCB, BID, VIC, TCB, NVL, VCG, VCS, and TDH.
