Bao vn net

Investors increased bargain purchases in yesterday’s afternoon trade when the benchmark VN-Index retreated near 1,000 points, but this was not enough to help the market close in green when foreign traders accelerated selling. On the HCM Stock Exchange, the VN-Index dropped for a second day this week, down 0.25 per cent to close at 1,026.46 points. It declined over 2 per cent on Wednesday. Many large-cap shares improved, which was shown in the higher number of gainers (16 against 11) in the VN30 basket which tracks the top 30 shares by market value and liquidity on the southern exchange. Gainers included big banks like Vietinbank (CTG) and Vietcombank (VCB), up 6.4 per cent and 2.4 per cent, respectively; insurer Bao Viet Holdings (BVH), up 3.2 per cent; and brewer Sabeco (SAB), up 2 per cent. However, steel and gas companies continued to dive due to poor Q1 earnings. PV Gas (GAS), Viet Nam’s biggest LPG supplier and fifth largest listed company, suffered the highest daily … [Read more...] about VN-Index declines a second day

Viet Nam’s benchmark VN Index ended Thursday on a positive note as investor sentiment improved slightly, but a volatile market is forecast for the next trading day. The benchmark VN Index on the HCM Stock Exchange (HOSE) inched up 0.14 per cent to close at 1,193.17 points. It gained 0.3 per cent on Wednesday. More than 241 million shares were traded on the two local exchanges, worth VND7.85 trillion (US$349 million). Market breadth was positive with 174 gaining stocks, 121 decliners and 44 stocks unchanged. According to Sai Gon-Ha Noi Securities Company (SHS), the recovery of the US stock market on Wednesday night boosted investor confidence in Vietnamese stocks. However, investors remained cautious with world stocks, including Viet Nam, on fears of a trade war between China and the US. The same pattern occurred on the Vietnamese stock market as the VN Index began losing when it neared the 1,200-point level again. Market volatility continued to strike as the VN Index traded … [Read more...] about VN Index struggles to stay positive

Investors watch market movements at the SSI trading floor in Ha Noi. —VNS Photo Doan Tung Shares rose for the fourth consecutive day yesterday on the HCM City Stock Exchange, largely on the strength of a handful of banking and energy blue-chips. The benchmark VN-Index on the HCM Stock Exchange (HOSE) gained 0.17 per cent to settle at 1,121.54 points, falling from the intraday high of 1,129.89 points. It advanced by 0.46 per cent to close Tuesday at 1,119.61 points. Meanwhile, the HNX Index on the Ha Noi Stock Exchange (HNX) inched up 0.60 points to end at 128.05 points. The index edged up 0.88 per cent to end at 127.29 points on Tuesday. The UPCOM Index on the Unlisted Public Company Market (UPCoM) gained slightly 0.03 per cent to finish at 60.09 points. It rose 0.55 per cent to stand at 60.07 points on Tuesday. More than 311.1 million shares were traded on the three local exchanges, worth VND9.2 trillion (US$406.2 million). Market trading conditions were quite balanced … [Read more...] about VN-Index rises for fourth day