The Construction Development Investment Joint Stock Corporation (DIC) has recently announced the suspension of the issuance of 200 million shares to the public, at a price of VNĐ15,000 per share.
The recovery of the VN-Index last week delivered positive signals, supported by several favourable macroeconomic factors. However, market liquidity remains low, and the outlook still carries inherent risks.
The VN-Index ended the week with impressive gains. However, analysts remain cautious about the sharp decline in liquidity and raise concerns about the sustainability of this upward momentum.
Continuing the positive trend, the Vietnamese stock market experienced another fruitful trading session on Wednesday, with most industry groups displaying gains.
All transient negative factors have already abated or are easing, and the prospects for higher Vietnamese stock prices in the months ahead are supported by rebounding earnings growth, a rebounding economy, and the market’s cheap valuation, according to VinaCapital.