According to statistics from January last year to January this year, stocks of renewable energy companies all grew significantly, Truong Thanh Energy and Real Estate JSC (TEG) grew 175.59 percent, Licogi 13 JSC (LIG) rose 167.21 percent, Gelex Group JSC (GEX) gained 163.28 percent, Fecon JSC (FCN) increased 142.02 percent, Bamboo Capital Joint Stock Company (BCG) rose 141.22 percent."There are a few reasons why renewable energy stocks have risen sharply in recent times, such as predictions that this power source will account for the largest proportion in the total capacity of Vietnam's power sources. The commitment of the Vietnamese Government to achieve net emissions of "zero" in the recent COP26 is a great motivation for businesses to continue participating in and expanding the exploitation of renewable energy sources, namely solar power, wind power,” said Ha Duc Tung, analyst of VNDirect Securities JSC.Multinational Investment & Development JSC's workers
Shares forecast to correct on cautious sentiment Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
10/05/2021 11:01 GMT+7
Vietnamese stocks are forecast to stay on a downward trend this week due to caution among investors and accelerated selling pressure from foreigners, analysts said.
Investors make transaction orders at Bao Viet Securities Co s transaction floor. It is forecast that the market will see corrections at the beginning of this week.
The market benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 0.7 per cent to close Friday at 1,241.81 points.
It gained 0.2 per cent last week.