Stock market size reaches 88% of GDP Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
03/03/2021 17:33 GMT+7
Vietnam s stock market reached approximately 87.68 per cent of the country’s Gross Domestic Product (GDP) as of the end of 2020, the highest rate reported so far.
An overview of the Aqua City project developed by Novaland in the southern province of Dong Nai. Novaland is among companies whose capitalisation is valued at billions of dollars on the market. Photo novaland.com.vn
The other two high rates recorded were in August 2018 at 84.57 per cent and March 2018 at 83.08 per cent.
Vietnam’s benchmark VN-Index gained 0.26 percent to close at 1,168.47 points Friday, ending a week of fluctuations in its recovery from last month’s plunge. - VnExpress International
Vietnam’s benchmark VN-Index inched up 0.29 percent to 1,165.43 points Thursday, posting a slight recovery from the seven-day low figure recorded in the previous session. - VnExpress International
Vietnam’s benchmark VN-Index dropped 1.33 percent to 1,162.01 points Wednesday, the lowest since February 17, with foreign investors once again turning net sellers. - VnExpress International
Foreign investors divest Ninh Van Bay due to bleak performance 10:11 | 19/02/2021
Foreign investors are backing out of Ninh Van Bay due to its poor performance
Notably, Recapital Investments Pte., Ltd. issued an announcement to sell 10.7 million shares at Ninh Van Bay Travel Real Estate to decrease its ownership from 11.9 per cent to zero. Recapital Investments is an investment fund owned by Rosan P. Roeslani, the former president of Inter Milan football club.
Besides, Belton Investments Ltd. has also registered to sell its entire 6.4 million shares, equaling 7.07 per cent of the stake, in this company. The sale is expected to be completed between February 5 and March 1.