Vietnamese stock market loses 20.2 billion USD in first half of November - News Summed Up

Vietnamese stock market loses 20.2 billion USD in first half of November


(Photo: countryeconomy.com)- The Vietnamese stock market has just closed the first half of a rough November with a forgettable session. This was the lowest in more than 25 months since October 5, 2020.A drop of 3.1% made the country's stock market the biggest loser in Asia on November 15. However, the positive effect did not influence the Vietnamese stock market, according to cafef.vn.Since the beginning of November, the benchmark has lost another 116 points, equivalent to a decrease of 11.3%. In just half a month, the market dropped more than 500 trillion VND in market capitalisation on three exchanges. In addition, well-known foreign funds like Dragon Capital and VinaCapital also showed signs of disbursing recently.The attractive valuation of the Vietnamese stock market is one of the appealing factors to foreign investors.


Source: Viet Nam News November 17, 2022 19:11 UTC



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