Hnx index

Le Quang Minh, head of analysis at Mirae Asset Securities (Vietnam), predicted this would likely happen in the next 2-3 sessions. According to Minh, the domestic cash flow was still the main driver for the Index to go up. Large-cap stocks, especially real estate groups such as Vingroup, Vinhomes and Novaland led the market. … [Read more...] about Shares soars, analysts predict historic level of 1,204 points for VN-Index soon

Besides, gas and oil stocks also drew the cash flow, sending them to increase sharply. Particularly, PVD hit the ceiling; PLX and POW climbed from 2 percent to nearly 5 percent. The rising momentum also spread widely to other stocks, such as FPT, GAS, HPG, MSN, VNM, VJC, VRE, PNI, and MWG. It helped the VN-Index to come near 1,190 points. Market liquidity maintained at a high level, so the afternoon trading session was sluggish because the Ho Chi Minh City Stock Exchange continued to encounter network congestion. Ending the trading session, the VN-Index soared 17.2 points, or 1.47 percent, to close at 1,184.89 points with 313 winners, 134 losers, and 55 unchanged stocks. In Hanoi, the HNX-Index also advanced for five consecutive trading sessions, adding up 1.72 points, or 0.79 percent, to 219.12 points, with 128 gainers, 78 losers, and 51 unchanged stocks. The total trading volume was more than 1.05 billion shares, worth more than VND21.79 trillion. Put-through transactions … [Read more...] about VN-Index climbs for seventh straight trading session, jumping nearly 18 points

However, the market still recorded outstanding performers like Vietnam Rubber Group - Joint Stock Company (GVR) hitting the intra-day limit. The stock ended Wednesday with an increase of 6.88 per cent to VND31,850. GVR is the hot name in Viet Nam's stock market, often posting strong increases. The stock rose up to 52 per cent last month. … [Read more...] about VN-Index ends rally after hitting 1,200 points in early session

"Cash inflows increased. The market breadth returned to a positive status while liquidity was not so different from the previous session. In our view, the VN-Index maybe witness the balance of demand and supply in the last day's trading," BIDV Securities Co wrote in a daily report. … [Read more...] about Market ends mixed, VN-Index recovers from morning loss

Banking sectors still recorded good performance with VPBank (VPB) up 3.08 per cent to VND36,800. Sacombank (STB) also climbed 3.08 per cent to end the day at VND21,100. Other banks such as MBBank (MBB), Vietinbank (CTG), Techcombank (TCB) and Vietnam International Commercial Joint Stock Bank (VIB) ended the day with an increase of more than 1 per cent. … [Read more...] about Market ends mixed, VN-Index recovers from morning loss