It ended the day at 952.04 points, down 8.21 points. The VN30-Index, representing the 30 largest stocks in terms of capitalization, fell by 10.11 points, or 1.09 percent, to 918.79 points. On the Ho Chi Minh Stock Exchange (HoSE), 193 stocks ended in the red and 104 in the green. On the VN30-Index, 25 out of 30 stocks fell. Bank stocks led the fall. Vietnam’s second largest lender by assets, Vietinbank, saw its CTG shares drop by almost 3.5 percent in value as investors sold large volumes early in the afternoon. Shares of Vietnam's biggest bank by assets, BIDV (BID), dropped 1.17 percent, while those of Vietcombank (VCB), the third largest bank by assets, fell 1.91 percent. Most blue chips also fell. Shares of food company Masan (MSN) went down 1.84 percent, that of budget airline Vietjet (VJC) decreased 1.16 percent, and leading mobile phone retailer Mobile World (MWG) lost 1.24 percent. Among the blue chips that managed to stay in the green, the country’s largest brewer, … [Read more...] about VN-Index drops to monthly low
Hnx index
VN-Index advances on investor optimisim
More than 123.8 million shares were traded in the morning session, worth VND2.4 trillion (US$101.6 million). — VNA/VNS Photo The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose slightly on Thursday morning, driven by investor confidence in the stable movement of indices and positive condition of the global market. The benchmark VN-Index gained 0.24 per cent to end at 963.55 points. The southern bourse index had gained 0.70 per cent to close at 961.28 points in the previous session. The HNX-Index on the Ha Noi Stock Exchange fell 0.12 per cent to close at 107.55 points. The Ha Noi index had advanced 1.02 per cent to end at 107.68 points on Wednesday. More than 123.8 million shares were traded in the morning session, worth VND2.4 trillion (US$101.6 million). According to Reuters, US stocks closed up on Wednesday afternoon, though they were well below their session highs as investors pulled back in the last few minutes of trading despite optimism about US-China trade … [Read more...] about VN-Index advances on investor optimisim
VN-Index dragged down by banking stocks
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 2.7 points to close at 955.89 points on December 10 (Photo: VNA) Hanoi (VNA) – The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) lost 2.7 points to close at 955.89 points on December 10. More than 213 million shares worth over 4.96 trillion VND (213.2 million USD) were exchanged on the HoSE during the course of the day. There were 117 advancing codes and 167 in decline. Meanwhile, the HNX-Index on the Hanoi Stock Exchange (HNX) settled at 106.82 points after losing 0.32 point, with 59 increasing and 76 decreasing codes. Banking stocks suffered losses on the day and heavily influenced the market. Notably, CTG decreased by 4 percent, TPB down 2.1 percent, MBB dropped 1.8 percent, and VCB 0.5 fell percent. Many large-cap stocks also ended in red, including VRE down 3 percent, HPG 2.6 percent, and VJC 1.9 percent. However, other big stocks like GAS, VNM, MSN and SAB held back the market’s … [Read more...] about VN-Index dragged down by banking stocks
VHM and VNM bring down VN-Index
Investors follow market fluctuations at the Saigon Securities (SSI) trading floor on Hà Nội’s Ngô Quyền Street. — VNS Photo Đoàn TùngViet Nam News HÀ NỘI — The market recorded significant variety in large caps’ prices on Wednesday, causing slight VN-Index losses. The VN-Index on the HCM Stock Exchange was down 0.18 per cent to close at 957.14 points on Wednesday. It gained 0.76 per cent to close at 958.84 points on Tuesday. On the Hà Nội Stock Exchange, the HNX-Index gained 0.33 per cent to 107.74 points. The index declined by 0.23 per cent on Tuesday. More than 261.1 million shares were traded on the two exchanges, worth VNĐ5.5 trillion (US$236.5 million). The figures were down slightly compared to Tuesday. Blue-chip stocks like dairy firm Vinamilk (VNM), Vinhomes (VHM), budget carrier Vietjet (VJC) and brewery Sabeco (SAB) all fell sharply and dragged the VN-Index down below the reference … [Read more...] about VHM and VNM bring down VN-Index
VN-Index rises on dividend payouts
Viet Nam News HÀ NỘI – Việt Nam’s benchmark VN-Index enjoyed a second-gaining session on Tuesday thanks to news of some large-cap companies’ dividend payout plans. The VN-Index on the Hồ Chí Minh Stock Exchange gained 0.76 per cent to close at 958.84 points. The southern market climbed 2.70 per cent on Monday. The index was lifted by large-cap stocks in the VN30 Index, which tracks the performance of the 30 largest firms by market capitalisation. Fourteen of the 30 largest shares in the VN30 basket advanced, pushing the blue-chip index up 0.62 per cent to 927.46 points at the end of the day. Among gainers in the VN30 basket were Bình Minh Plastic JSC (BMP) and dairy producer Vinamilk (VNM), which gained 2.8 per cent and 2.2 per cent, respectively. Bình Minh JSC on December 10 will finalise a list of shareholders who will receive the first dividend payouts of 15 per cent (VNĐ1,500 per share) for the firm’s 2018 … [Read more...] about VN-Index rises on dividend payouts