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Topping gains for the fourth consecutive session was ROS of construction firm FLC Faros, up 6.8 percent and hitting its ceiling price. However, because ROS is the smallest capped ticker on the VN30 and even forecast by securities to fall out of the basket in the very next review, the ticker is much more volatile than most of the other blue chips. … [Read more...] about VN-Index sees biggest foreign net buying session in three months

According to analysts, after gaining continuously for the past 30 days, during which the VN-Index rose by 124.48 points, a large-scale correction is not a surprise, but the severity of the freefall this session was a result of the large number of inexperienced investors participating in the market, and those using margin trading. … [Read more...] about Panic selling sends VN-Index to biggest losing session in six months

Some of the biggest capped gainers this session included VHM of private conglomerate Vinhomes, up 0.3 percent, GAS of energy giant PetroVietnam Gas, 0.3 percent, and two of Vietnam’s largest state-owned banks by assets, VCB of Vietcombank and BID of BIDV, with 1 percent and 0.5 percent respectively. … [Read more...] about VN-Index on eight-session gaining streak

Other major losers this session included POW of electricity generator PetroVietnam Power, down 2.7 percent, SSI of top brokerage SSI Securities Corporation, 1.8 percent, STB of private Sacombank, 1.5 percent, and VNM of dairy giant Vinamilk, with 1.5 percent. … [Read more...] about VN-Index experiences correction after 8-session gaining streak

Foreign investors were net sellers to the tune of around VND620 billion on all three bourses, with the net selling focused mostly on HPG of steelmaker Hoa Phat Group (up 0.2 percent), SSI of SSI Securities Corporation and VHM of Vinhomes. … [Read more...] about VN-Index inches down in week’s opening session