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|There will be no trading today at Vietnam's largest stock exchange|
In Document No.133/SGDHCM released this morning, the Ho Chi Minh City Stock Exchange (HoSE) announced that it will temporarily close down today to address technical glitches.
“We are doing our best to solve some unexpected errors and will re-open as soon as possible,” the document reads.
All orders submitted to brokerages after 8 PM, January 22, will be cancelled. Various brokerages have notified their clients of this update this morning.
At 2.30 PM on January 22, HoSE encountered a systematic error that prevented investors from conducting at-the-close (ATC) orders. Put-through orders were not affected.
Following the shutdown, HoSE has suspended all ATC orders that took place on the day and decided that the closing price of stocks on January 22 will be the last matched price of the trading day.
VN-Index closed at 1,087.42 points yesterday, advancing by 2.33 per cent from the previous trading session. The stock market has been rallying since 2017, making Vietnam one of the best performing markets in the ASEAN region.
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