58465944PM.jpg)
A trading session at Bảo Việt Securities Company in Hà Nội. Positive growth across Asian markets bolstered local market sentiment. - VNS Photo Trương VịViet Nam News HÀ NỘI – Vietnamese shares advanced on Monday with positive investor confidence in global market moves, but strong selling pressure could be a challenge in the coming days. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) rose as high as 999.9 points – the highest level since October 5, 2018 – on Monday before selling pressure limited gains. It closed at 994.43 points, a gain of 0.56 per cent. The VN-Index was expected to touch the 1,000 points this year, VNDirect Securities Corp said in its 2019 market outlook. Last week, the VN-Index gained a total of 4 per cent over five trading days. Since the beginning of the year, it has gained 13.2 per cent. More than 227.7 million shares were traded on the southern bourse, worth … [Read more...] about VN-Index climbs, nearing 1,000 points
Bao vn net
VN-Index hit hard, creates new low
Investors watch stocks move at one of Bao Viet Securities Company’s trading offices in Ha Noi. Viet Nam’s benchmark VN Index has declined a total 1.6 per cent in the last two trading days after re-opening from the New Year holidays. — VNS Photo Truong Vi Shares declined further on Thursday with VN-Index breaking last year’s lowest level of 880.85 points as a series of blue-chip stocks were hit hard, partly due to a falling global market. The benchmark VN-Index on the Ho Chi Minh Stock Exchange lost 1.52 per cent to end Thursday at 878.22 points. It inched down 0.09 per cent to end Wednesday at 891.75 points. According to Bao Viet Securities Company, the risk of a short-term downtrend is increasing as the VN-Index broke down the 880-point bottom. The market may keep falling to the lower support zone at 855-865 in the next sessions. On the Ha Noi Stock Exchange, the HNX-Index shed 2.09 per cent to end at 100.52 points. It had fallen 1.50 per cent to 102.67 … [Read more...] about VN-Index hit hard, creates new low
VN Index falls on November’s last day
Investors at Bao Viet Securities Company (BVSC) (Photo: VNA) Hanoi (VNA) – Vietnam’s benchmark VN Index ended November with a volatile session with more than half of the blue chips closing in negative territory due to investors’ worries about the market’s prospect. The benchmark index on the Ho Chi Minh Stock Exchange narrowed its declining rate from as much as 0.61 percent to 0.03 percent at the end of the day, finishing at 926.54 points. The southern market index has lost total 0.40 percent in the last two trading sessions but posted a weekly gain of 0.93 percent. The HNX Index on the Hanoi Stock Exchange rallied for a third trading day, rising 0.63 percent to finish at 104.82 points. The northern market index has increased by total 1.57 percent after the last three sessions and the three-day rally has helped the market index close up 0.53 percent week on week. The VN Index rose a total of 1.29 percent in November while the HNX Index has fallen total 0.50 … [Read more...] about VN Index falls on November’s last day
VN stocks slump again on global moves
Vietnamese shares slumped again Monday as investors struck the market with strong selling, concerned over the US-China trade conflict. The benchmark VN Index on the HCM Stock Exchange plunged 1.90 per cent to close at 951.64 points. The southern market index lost total 3.8 per cent last week. This was the second hit for the stock market since last Thursday, when the VN Index lost nearly 5 per cent due to global sell-off. The HNX Index on the Ha Noi Stock Exchange lost the same 1.90 per cent to end at 107.67 points. The northern market index dropped a total 4.28 per cent in the previous week. More than 181 million shares were traded on the two local exchanges, worth VND3.95 trillion (US$175.4 million). The disappointing performance of the stock market was mostly attributed to poor investor confidence, which pushed stocks across Asia down to the negative territory, according to Bao Viet Securities JSC (BVSC). Investors were worried about the world’s economic growth after the US … [Read more...] about VN stocks slump again on global moves
VN Index rally ends on selling pressure
An investor sits during a trading session at Saigon Securities Inc’s trading house in Ha Noi. — VNS Photo Viet Thanh Viet Nam’s benchmark VN Index declined on Wednesday as selling pressure increased after the index approached its old peak of 1,000 points. The HCM Stock Exchange’s index lost 0.71 per cent to close at 988.17 points, ending a two-day increase of 0.82 per cent. The VN Index had gained a total of 3.52 per cent since August 15 to touch its two-month high of 995.19 points on Tuesday. The HNX Index on the Ha Noi Stock Exchange gained 0.48 per cent to end Wednesday at 112.78 points, the highest since June 18. It has risen a total of 4.5 per cent since August 16. Nearly 216.3 million shares were traded on the two local bourses, worth VND4.66 trillion (US$207.2 million). The VN Index started declining at the beginning of Wednesday session and continued to slide until the end of the day, losing as much as 0.77 per cent. The last session marked the first … [Read more...] about VN Index rally ends on selling pressure