VN-Index recovers to 1,124.44 points on December 8
Vietnam’s benchmark VN-Index rebounded by 0.26% on December 8 to close the final trading session of the week at 1,124.44 points after losing 0.44% a day earlier.
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Vietnam’s benchmark VN-Index rebounded by 0.26% on December 8 to close the final trading session of the week at 1,124.44 points after losing 0.44% a day earlier.
Vietnamese USD billionaires saw their value fall sharply in 2022 because of decreased stock prices. Vingroup’s Pham Nhat Vuong lost US$2.1 billion, while Bui Thanh Nhon was excluded from Forbes’ list of billionaires.
The stock market boards have been covered with red amid investors’ rising caution. There are few buyers, while selling pressure still exists. Foreign investors’ behavior has affected the market.
The expected dominance of foreign retailers in the Vietnamese market has not occurred. Many foreign giants have left and Vietnamese retailers are controlling the market.
FPT and The Gioi Di Dong (MWG) shares saw sharp price increases last week, which put them on the list of enterprises with capitalization value of VND100 trillion.