6PM Call: Wild Inflow - Update on non-life Insurance market
Looking at how banking stocks were moving this morning, we have seen strong capital present in the market. After first several minutes, the VNIndex dropped quickly, led by banking stocks, which could have been related to the big trial on Mr. Pham Cong Danh and Mr. Tram Be. However, quickly after the drop, we saw how strong bottom-catching capital flew wildly, bringing banking stocks up and, as a result, the VNIndex was back to the positive territory. The VNIndex ended at 1,033.56 points (+1.04%) with positive market breadth (164 advancers vs. 124 losers) and booming liquidity; total trading value reached VND7,050B, which is double the average of the year 2017.
Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.
RongViet Research reports are diversified and abundant, along with in-depth analysis and performed by experienced, highly-qualified and knowledgeable teams. With the objectives of transparency, accurate and timely manner, RongViet believes that our products would always be important sources of information for customers/investors’ investment decisions.”
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.