VOV.VN - The draft economic stimulus package can be viewed as the key factor resulting in the historic peak of the benchmark VN-Index on the HCM Stock Exchange (HOSE) during the October 27 trading session, opening up greater prospects for economic recovery, according to securities experts.

Investors have voiced their hopes that a new economic stimulus package would give a boost to the domestic stock market.

Vietnam’s stock market mobilised total capital of VND292.1 trillion (US$12.8 billion) in the first nine months of this year, up 12% compared to the previous year.

Vietnam’s first half growth demonstrates the underlying strength of the economy, which will provide a platform for the country's growth once its new COVID-19 outbreaks are contained, said Stanley Chou, Chair of the Vietnam Enterprise Investments Limited (VEIL).

The Ho Chi Minh City Stock Exchange (HOSE) has made a long progress in 21 years of operation and a breakthrough in the past two years.

A number of bluechips became the cash magnets and helped the VN-Index of the Ho Chi Minh City Stock Exchange reach a new high of 1,410.04 points on June 29.

Vinhomes JSC, Hoa Phat Group JSC, Mobile World Investment Corporation and Vietcombank are among the top 50 public companies in 2021 announced by Vietnam Report.

Vietnam’s stock market remained among the world’s best performers in the first five months as the benchmark Vn-Index rose by 16.31% against early 2021 to 1,283.93 points at the close on May 21, according to StockQ.

Vietnam’s stock market is expected to continue to grow, helped by strong economic growth and increasing local liquidity. The positive outlook will attract foreign investors back to the market, according to HSBC.

Despite negative performance due to strong fluctuations in Vietnam’s stock market in January, big investment funds in the market remain optimistic.