Vietnam 

VN stocks gain slower on rising caution – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  In front of a Mobile World Investment Corp’s store in HCM City. The company’s shares pulled down the retail sector on Friday, contributing to a narrow of the stock market gain. — Photo thegioididong.com HÀ NỘI — Vietnamese shares ended Friday almost flat as investors tried exiting the local stock market, preparing for the possibility of bad news ahead. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange was up only 0.06 per cent to close the day at 980.00 points. The benchmark…

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Cathay Pacific, Hong Kong property and telecom stocks shoot up despite overall sense of caution in markets

Bargain hunters who gambled on telecom, Hong Kong property and Cathay Pacific Airways stocks were rewarded Thursday, as they stepped beyond the caution that dominated Hong Kong and mainland China markets.Cathay Pacific Airways shot up 5.7 per cent. That was its second straight day of gains, after it fell to a 10-year low earlier in the week when it got caught up in a firestorm connected to some of its employees’ participation in protests that have shaken Hong Kong.Meanwhile, the… Source link

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Vietnam 

VN stocks decline amid investors’ caution – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  At a trading office of SSI Securities Corp (HoSE: SSI). The company’s stock was among the worst-performing large-caps on Tuesday. – Photo cophieu86.com HÀ NỘI – Vietnamese shares tumbled on Tuesday as the market was running out of supportive news and investors were bracing for results of international meetings. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange lost 1.19 per cent to end at 986.02 points. The VN-Index rose 0.46 per cent on Monday. Large-cap stocks were the major cause for the…

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China stocks drop amid low volatility as caution over subdued earnings, growth mounts

China stocks fell for the first time in four days on Tuesday as traders assessed the outlook for corporate earnings and economic growth. Volatility on the benchmark Shanghai Composite Index also fell to about a four-month low.The index declined 0.2 per cent, or 4.57 points, to 2,937.62 at the close. The daily swing in the benchmark has not exceeded 1 per cent over the past week on a closing basis, leaving the gauge’s 60-day volatility close to its lowest level since March.In Hong Kong, the Hang… Source link

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Hong Kong shares rise for a fifth straight week but investors tread with caution

Hong Kong stocks gained for a fifth straight week despite closing slightly lower on Friday, as investors stayed on the sidelines ahead a meeting between Chinese and US officials next week to try and resolve the year-long trade war.The Hang Seng Index fell 0.1 per cent to 28,774.83 on Friday, but was up 0.81 per cent for the week.In the mainland, the Shanghai Composite rose 0.2 per cent to 3,011.06, taking its five-day gains to 1.08 per cent. This reversed last week’s losses.The gains also… Source link

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Bitcoin climbs above US$11,000 amid renewed mainstream interest, but observers warn caution is warranted

Bitcoin traded above US$11,000 for the first time in 15 months, recouping more than half of the parabolic increase that captured the attention of mainstream investors before the cryptocurrency bubble burst last year.“The bounce-back of bitcoin has been fairly extraordinary,” said George McDonaugh, chief executive and co-founder of London-based blockchain and cryptocurrency investment firm KR1. “Money didn’t leave the asset behind, it just sat on the sidelines waiting to get back in.”Bitcoin… Source link

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Vietnam 

Experts caution against investing in shophouses – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    HCM CITY — Investing in the booming shophouse segment in HCM City could end in losses, if market observers are to be believed. Since 2014 shophouses built in condo projects have been in huge demand thanks to the high returns they fetched when resold or leased. Even managing to buy one became difficult, such was the demand. In a report, property consultant CBRE said the prices of shophouses rose by 261 per cent in the secondary market last year while villa prices only rose by 35-37 per cent.…

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Vietnam 

VN stocks inch up amid market caution – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Investors at Vietnam Investment Securities Company (IVS). Vietnamese shares traded quietly on Thursday morning as investors were too cautious to buy stocks amid the lack of supportive information. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares were quiet on Thursday morning as investors remained cautious about the current market conditions. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange inched up 0.13 per cent to close at 983.23 points. The benchmark VN-Index moved quietly in the early trading session as investors held on to cash and waited for the…

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Green shoots of recovery in China’s property market but don’t pop the champagne yet, caution market observers

Signs of a recovery emerged in China’s property market in March as first-tier cities saw a strong uptick in sales on the back of pent-up demand and lower prices. But market observers say it is too early to tell if the rally can be sustained after a similar rebound unravelled last year after a strong start.According to Centaline Property Agency’s March data, 16,051 pre-owned homes in Beijing changed hands, up 43.9 per cent from a year ago; Shanghai registered 50 per cent year on year growth to… Source link

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Vietnam 

Caution may continue dampening market – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — Brokerage firms remain sceptical about market trading this week as investors are running out of supportive information while international stocks continue being weighed down by uncertainties over the global economy. Main events this week include the US-China talks in Washington on April 3 and the release of US economic data on Monday (local time). A recessional warning last week sent global stocks and Vietnamese shares down sharply while the US Federal Reserve pulled back expected rate hikes in 2019 amid signs…

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