The trend of moving to HoSE is expected to help banks improve transparency, expand fundraising opportunities, and affirm their position in the capital market.
Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17 per cent in 2025 driven by a shift in GDP growth drivers...
The recent declines of the securities market have moved bank stocks to an ''attractive zone''. Banks were trading at a P/E multiple of 7.1 and P/B of 1.3 in late November, equivalent to the lows in March 2020.
Shares finished higher on Wednesday thanks to the rise of large-cap in the banking and mining groups, bolstered by increased buying demand at the end of the trading session.