Stay updated with breaking news from Trading Value. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The year 2023 was a chapter of unprecedented performance for the Romanian capital market, recording historical highs on several levels, such as the value of stock and bond transactions, average daily liquidity, stock market indices, market value of companies.
The valuation of Vietnam’s benchmark VN-Index based on both price-to-earnings (P/E) and price-to-book (P/B) ratios has fallen to a level that was as cheap as it had been only twice in the past 10 years, said Michael Kokalari, chief economist at VinaCapital.
The total trading value of all types of financial instruments listed on the Regulated Market of the Bucharest Stock Exchange (BVB) reached a new record high in the first eight months of 2023 (the January-August period).
Vietnam’s benchmark VN-Index fell 19.7 points, or 1.62%, to 1,193.05 on Friday, the lowest since August 25, due to massive selloffs.
Strong profit-taking pressure made Vietnam’s benchmark VN-Index lose 13.38 points, or 1.08%, to close at 1220.61 on Thursday, marking the sharpest fall since March 20.