The market recouped nearly 10 points as blue-chip stocks including BVH, FPT, GAS, HPG, REE, HVN, VIC, VHM and VRE made breakthrough. Although foreign investors still net sold, pressure was eased significantly, reducing to VND112 billion compared to VND215 billion in previous trading session, helping the market to close at highest level in the trading session. The VN-Index gained 9.31 points, or 0.96 percent, to close at 975.24 points. The HNX-Index advanced 1.01 points, or 0.99 percent, to 102.9 points. Market liquidity reached 245 million shares, worth VND6.4 trillion.By Nhung Nguyen – Translated by Thuy Doan … [Read more...] about VN-Index regains nearly 10 points
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VN-Index retreats to near 990 points at weekend
The sign of DHG Pharmaceutical JSC at its headquarter in the southern city of Cần Thơ. The company's stock was among the large-caps that performed worst on Friday. — Photo vietnamfinance.vn HÀ NỘI — Việt Nam’s benchmark VN-Index dropped near 990 points on Friday, largely because of the negative development in trade relations between the US and China. The VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) lost 0.63 per cent to end the week at 991.10 points. It lost as much as 1.17 per cent in the opening session of the day. The benchmark index had gained total 1.15 per cent in the previous trading day. After five trading days of the week, the VN-Index was down total 0.22 per cent from the previous week’s close of 993.35 points. The benchmark index ended the week on a negative note as market sentiment turned from “cautious” to “bad” following US President Donald Trump’s latest announcement … [Read more...] about VN-Index retreats to near 990 points at weekend
VN-Index revives nearly 10 points
Noticeably, foreign investors bought a total value of VND473 billion in the market, mainly blue-chip stocks, helping to push up the benchmark by nearly 10 points. Among large-cap stocks, VIC rose by nearly 1.5 percent; VHM climbed by more than 2.3 percent; VRE gained by nearly 2.1 percent; BID enhanced 3.8 percent; VCB strengthened 2.9 percent; and MBB surged 1.4 percent. The VN-Index recovered 9.58 points, or 0.99 percent, to close at 982.11 points with 15 winners, 146 losers while 62 stocks were unchanged. The HNX-Index went up 0.23 points, or 0.22 percent, to 105.85 points with 72 stocks advancing, 71 declining and 55 treading water. By Hanh Nhung – Translated by Thuy Doan Tags: stocks securities VN-Index HNX-Index … [Read more...] about VN-Index revives nearly 10 points
VN-Index rockets by nearly 16 points
In the morning, VN-Index rose by nearly 10 points. The market continued to move positively in the afternoon trading session. Of which, three stocks, including CTG with an increase of 7 percent, GAS with 6.4 percent and PLX with 6.4 percent, helped the market to speed up. At the same time, rising momentum also spread widely to other large-cap stocks, helping green to be kept firmly on the market. Ending the trading session on July 1, the Vietnam’s benchmark VN-Index jumped 15.67 points, or 1.65 percent, to 965.61 points with 216 winners, 100 losers while 50 stocks remained unchanged. The HNX-Index of the northern bourse gained 0.58 points, or 0.56 percent, to 104.09 points. Among the index members, there were 70 stocks climbing, 61 falling and 58 standing still. However, in this trading session, foreign investors shifted to net sell VND110 billion after net buying for three straight trading sessions. The global gold price went down on July 1 as the US dollar strengthened, … [Read more...] about VN-Index rockets by nearly 16 points
VN-Index slumps nearly 14 points
Strong selling pressure happened since the beginning of the trading session, flooding the market in red, causing the benchmark to sometime lose nearly 20 points. After the market plummeted, bottom-catching demand helped the market significantly lessen downward momentum. However, closing the trading session, the VN-Index dropped nearly 14 points as gas and oil stocks continued to plunge. Of which, GAS declined 2.8 percent, PVS nose-dived 5.3 percent and PVD sank 5.1 percent. At the same time, large-cap stocks, including VJC, TCB, PLX, MBB, HSG, CTG and BID also retreated, creating strong pressure on the market. The VN-Index chopped 13.14 points, or 1.4 percent, the highest decrease since May 6, to close at 946.47 points with 72 stocks increasing, 238 decreasing and 41 remaining unchanged. The HNX-Index of the smaller bourse in the north went down 1.07 points, or 1.03 percent, to finish at 103.28 points. Among the index members, 47 stocks climbed, 94 fell and 48 stayed the same. … [Read more...] about VN-Index slumps nearly 14 points