94% of companies listed on HOSE have profits in 2016

Shares drop off after 10-year high

A lot of potential for Vietnam's stock market

Securities face a deficit in demand in 2017

By the end of 2016, the stock market scale on HOSE reached nearly 1.5 trillion vnd, equivalent to 35% of GDP.

Specifically, HOSE set a revenue target of VND 442,054 billion in 2017, decreasing by 10% compared to the results of 2016 (VND 492,305 billion). Profit before tax is expected to reach VND 200,702 billion, down 24% compared to 2016 (VND 263,018 billion). It is expected to contribute VND 139,056 billion to the budget.

According to HOSE, by the end of 2016, the stock market scales on HOSE increased by 30% compared to the end of 2015, reached nearly VND 1.5 trillion, accounting for about 91% of the market capitalization of Vietnam stock market and equivalent to 35% of GDP.

In 2016, 94% of listed companies had profits with total value of about VND 122,100 billion, an increase of 17% compared to 2015. In 2016, there were 50 securities companies reporting that their total profit after tax were about VND 3,500 billion, and 24 companies reporting their losses of VND 820 billion.

In 2016, 19 stocks, 1 fund certificate and 4 bonds were officially listed and traded on HOSE. Until the end of December 30, 2016, there were 320 stocks, 35 bonds, 1 fund certificate and 1 ETF fund certificate listed and traded on the HOSE, bringing the total listed volume to over 49.5 billion securities, equivalent to nearly VND 504,011 billion, up to 16.3% in volume and 16.1% in value compared to 2015 respectively.

New trading regulation on HoSE The HCM Stock Exchange (HoSE) on Monday issued the decisions 341/QĐ-SGDHCM and 342/SGDHCM to change the regulations ...

The auction on the HOSE achieved significant growth in volume and value. Total volume of shares sold was nearly 415 million shares worth nearly VND 17,000 billion. This result increased over 22% in volume sold and up to more than 280% in value in comparison with 2015.