Some freshly-adopted regulatory moves are expected to facilitate more advantageous prerequisites for Vietnamese state-owned enterprises to pick up their divestment pace, and thus enrich the domestic stock market with foreign capital inflows.
Minister of Finance Ho Duc Phoc has asked ministry inspectors to inspect the Hochiminh Stock Exchange (HoSE) due to the frequent trading system overload on the bourse.
This could be a good opportunity for investors to consider buying good stocks that have gradually plummeted to the short-term support area, said a securities company.
This month’s adoption of new infrastructure is expected to disentangle technical congestion in the Ho Chi Minh Stock Exchange – a dragging conundrum for both institutional and mom-and-pop investors.
Shares reversed morning losses and recovered in Wednesday’s afternoon session after a two-day fall, propped up once more by the growth of banking and securities stocks.
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