Thursday, January 21, 2021, 12:20 GMT+7
A LED display at the Ho Chi Minh Stock Exchange (HOSE) shows the market deep in red. Photo: Bong Mai / Tuoi Tre
Sell-off intensified on Vietnam’s southern stock exchange on Tuesday as the VN-Index of the Ho Chi Minh Stock Exchange (HOSE) dropped a whopping 61 points, with nearly US$1.1 billion in trade made over the course of the day.
Panic filled the HOSE as its benchmark index took a major plunge on Tuesday, with traders dumping their holdings while simultaneously bottom fishing for a good deal.
The market s free fall is a first for many in Vietnam, many of whom are new individual investors in the market.
Thị trường chứng khoán, vàng, đô la sôi sục sau khi Mỹ có Tổng thống mới
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