Measure liquidity bid ask spread

From the beginning of the trading session, financial stocks, such as banks and securities, gained positively, keeping the VN-Index from falling sharply even though many sectors were flooded in the red. Banking stocks that climbed the most on the floor at approximately 3 percent were VIB, BID, TCB, CTG, and MBB. Securities stocks, like VCI, HCM, and VND, also remained in an upward trend. Besides, penny-chip stocks, like HAG, AMD, ITA, and HNG, and steel stocks, including HPG, HSG, and NKG, also went up because of vibrant trading. In contrast, energy and seafood stocks dropped sharply. Specifically, VHC declined by 4.2 percent, ACL retreated by 5.1 percent, NT2 sank by 5.6 percent, VSH slumped by 4.9 percent, and REE slid by 3.5 percent. As a result, the market still dropped slightly. Closing the morning session, the VN-Index deleted 4.5 points, or 0.38 percent, to 1,191.03 points. On the Hanoi Stock Exchange, the HNX-Index also went down by 2.04 points, or 0.73 percent, to 279.15 … [Read more...] about VN-Index loses nearly 15 points on selling pressure

Illustrative photo Value of stock Determining the approximate time to enter the market is the dream of all investors in the world, and no one is sure if they can be absolutely accurate on this. However, this is only when investors want to always win in short-term trading. For long-term investors, it is not a big deal when fluctuations go up and down for a few days, or a few weeks, as long as they know that the shares held have guaranteed value in the future and will continue to grow. In the long term, it is the value of the stock or the market in general that determines the trend. The short-term speculative view is to bet that someone else will buy back your shares at a higher price, while the long-term view is to bet that the business will continue to grow and distribute good profits to shareholders. If you understand this, the line between right and wrong turns out to be a move towards the cautious. Many speculators understand the market differently than an investor. In … [Read more...] about Seasoned investors unaffected by stock fluctuation

An off-shore rig operated by PV Gas. The company shares fell nearly 5.2 per cent yesterday, leading the market's downside. — Photo pvgas.com.vn The stock market settled lower on Tuesday as rising selling pressure hurt sentiment. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index reduced by 14.24 points, or nearly 1.2 per cent, to 1,181.29 points. It fell for the second day in a row. The market’s breadth was negative with 347 stocks declining, while 120 stocks increased. Liquidity, however, improved compared to the previous session, of which 612 million stocks were traded on the southern bourse, worth over VND13.8 trillion (US$591.1 million). The market’s benchmark continued the downside risk as sell-off force grew stronger at the end of the session. Saigon - Hanoi Securities JSC (SHS) said that the liquidity base has dropped sharply since last November. And the market's great falls in the past three months caused investors who just recently joined to lose. “Perhaps … [Read more...] about Shares tumble, VN-Index loses over 14 points

Prime Minister Pham Minh Chinh addresses the meeting (Photo: VNA) Hanoi (VNA) – Although the COVID-19 has been put under good control inside the country, it is necessary to focus on preventing the pandemic from re-emerging as no persons, localities or countries are safe when others are struggling against COVID-19, Prime Minister Pham Minh Chinh on July 5 stated. Chairing an online meeting of National Steering Committee on COVID-19 Prevention and Control with the 63 localities nationwide, the leader underlined COVID-19 has still developed complicatedly in the world with the occurrence of SARS-CoV-2 Omicron sub-lineage BA.5 in many countries, and that it is crucial to control the pandemic to create favourable conditions for socio-economic development, national protection and the improvement of people’s living conditions. He stressed the need to give top priority to the ensuring of people’s lives and health, and to consider the pandemic prevention and control as the common … [Read more...] about PM stresses significance of preventing COVID-19 re-emerge

PM Pham Minh Chinh (right) holds phone talks with his Korean counterpart Han Duck-soo (Photo: VNA) Hanoi (VNA) – Vietnamese Prime Minister Pham Minh Chinh talked over the phone with his counterpart from the Republic of Korea (RoK) Han Duck-soo on July 5, during which the two leaders compared notes on measures to boost the bilateral relations. This was the first phone talk by the RoK’s PM with a foreign leader since he took office. Congratulating Han on his appointment as the RoK's PM, Chinh said despite global and regional uncertainties, including COVID-19 impacts, the relationship between Vietnam and the RoK has maintained its stable development pace, and the two countries have become leading important partners of each other, especially in economy, trade and investment. He affirmed Vietnam’s consistent foreign policy of independence, self-reliance, multilateralisation and diversification of relations, and being a friend, a reliable partner and an active, responsible … [Read more...] about Vietnamese, Korean Prime Ministers hold phone talks

Around 85,088 students, including 73,877 students of high schools, 7,883 test-taker of continuing education centers and 3,328 freelance candidates will take part in the 2022 national high school graduation examination with 13,656 education officials, teachers and staff teachers to serve the exam. The organization of this year’s exam remains basically the same as in previous years with three independent tests in Mathematics, Literature, and Foreign Languages and a custom test in natural science Natural Sciences (Physics, Chemistry, Biology) or Social Sciences (History, Geography, and Citizen Education) chosen by the candidates. Students will do their literature tests on the morning of July 7 and maths in the afternoon of the same day. They will sit for the combined tests of Natural Sciences (Physics, Chemistry, Biology) or Social Sciences (History, Geography, and Citizen Education) on the morning of the second day and Foreign Languages in the afternoon. The examination is … [Read more...] about HCMC has 158 testing venues in 2022 national high school graduation exam

Covering more than 5,580 hectares, Long Thanh International Airport will spread across six communes in Long Thanh district. (Photo: VNA) Dong Nai (VNA) – Long Thanh district in the southern province of Dong Nai has handed over more than 93 percent of land required for the first phase of the Long Thanh international airport project to its investor, the district People’s Committee said at a meeting on July 5. According to the committee, 2,375 hectares out of 2,500 hectares needed for the first phase, have been cleared in service of the construction. Vo Duc Tan, Vice Chairman of the provincial People’s Committee, asked Long Thanh district to mobilise resources and complete compensation and resettlement to basically hand over the total area within this month. The Airports Corporation of Vietnam (ACV) reported that the progress of construction has gone beyond expectations, noting that work on technical design of passenger terminals, runways and aprons is also being … [Read more...] about Site clearance for first phase of Long Thanh airport to be completed this month