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Tag Archive for ‘HNX-Index’

Vietnam market to maintain upward trend in September 2017

It’s expected to be a strong September on the local stock market, as investors are maintaining confidence after positive economic data in August and a period of prolonged net buying by foreign traders. The VN-Index on the HCM Stock Exchange increased 2.2 per cent last week, with gains in four out of total five sessions. […]

Speculative stocks heat the Vietnamese market

Both local stock indices advanced yesterday, with investors pouring money into speculative stocks for short-term profits. The benchmark VN-Index on the HCM Stock Exchange rose 7.3 per cent to close at 777.26 points. The southern market index has gained 1.4 per cent in the last three sessions in the previous week. On the Hà Nội […]

Nov 14: Vietnam Shares Reverse Yesterday’s Losses

HA NOI (VNS)- It seemed to investors that stocks would continue to slide after yesterday’s decline, but they managed to rebound during this morning’s session. The VN-Index added 0.93 per cent to reach 388.81 points as market sentiment improved, with nearly half of listed codes emerging from the session as gainers. However, trading value dropped 11.7 per cent from yesterday morning’s level to VND184.1 billion (US$8.7 million). Trading volume reached 15.3 million shares. Among blue chips tracked by the VN30, only four retreated, three of which were real estate shares – HCM City Infrastructure Investment (CII), Dic Corp (DIG) and…

Nov 13: Shares tumble in HCM City, gain in Ha Noi,

HA NOI (VNS)– Shares tumbled on the HCM City Stock Exchange this morning after successive increasing sessions. The VN-Index lost 0.19 per cent to 387.88 points. Trading value fell by around VND100 billion (US$4.7 million) from yesterday morning’s level to VND208.36 billion ($9.9 million) with 18.6 million shares changing hands. Blue chips were mixed, with 13 of the 30 leading shares tracked by the VN30 retreating while eight others added value. The VN30, sliding 0.5 per cent, reached 458.26 points. Meanwhile, on the Ha Noi Stock Exchange, the HNX-Index rose 0.19 per cent, standing at 52.62 points, although…

Brokers predict seesaw trading in Vietnam this week

Securities brokers have predicted stock prices may seesaw in a narrow range again this week as the VN-Index is still near the sensitive resistance line of 385 points while investors remain cautious. The indexes of both southern and northern bourses made a mild recovery last week but liquidity stayed poor with a daily matching volume […]

Nov 12: Vietnam Stocks Close In The Green Nationwide

HA NOI (VNS)– Shares extended rallies on both national stock exchanges this morning. The VN-Index on the HCM City Stock Exchange edged up 0.16 per cent to 387.32 points. Gainers outnumbered losers by 114-67. Trading value in the southern city reached nearly VND301 billion ($14.3 million) on the volume of 23.15 million shares. The VN30 also rose 0.26 per cent to 458.43 points thanks to the advance of 16 blue chips. However, five other stocks tracked by the index still lost between 0.7-1.6 per cent, including insurer Bao Viet (BVH), Vietinbank (CTG), steelmaker Hoa Phat (HPG), Sacombank (STB) and Vietcombank (VCB)…

Vietinbank, Vietcombank lift sagging market

HA NOI (VNS)— Stocks gained value last week on both of the nation’s stock exchanges, boosted by a modest recovery in bank shares. However, the volume of trades decreased markedly as fears about the long-term health of the banking industry spooked investors away from the stock market. Information released by the State Bank of Viet Nam, including data on the performance and bad debt ratios of commercial banks during the first nine months of the year, has revealed a growing malignancy inside the nation’s banking system, cautioned PetroVietnam Securities Co analyst Dao Hong Duong…

Vietnam shares rally at end of session

HA NOI (VNS)– Share movements yesterday were mostly unchanged from Thursday, with indices increasing towards the end of the session. The stock market may have been boosted by the National Assembly’s economic indicators for next year, which were released on Thursday. They focus on curbing inflation at around a single digit level and encouraging higher growth than this year. Specifically, the growth rate of the country’s gross domestic product (GDP) is targeted to reach 5.5 per cent, while the consumer price index is aimed at 8 per cent. Additionally, the limits for the budget deficit and…

Traders in Vietnam revert to cautious approach

HA NOI (VNS)— Wednesday’s trading boost as a result of the ‘Obama effect’ appeared to be wearing off yesterday, with both stock exchanges seeing a fall in transactions as traders reverted to caution. Purchasing power slowed yesterday, with buyers placing orders only on low prices, FPT Securities Co analysts wrote on their company website. The VN-Index on the HCM City Stock Exchange was approaching 387 points on November 1 before panic selling set in and the session finished oversold. “This may be the reason why investors became cautious again,” the analysts said. However, yesterday’s plus…

Nov 9: VN-Index decreases after a two-day rise

HA NOI (VNS)– Shares retreated in HCM City this morning after two sessions of rises, while the Ha Noi bourse saw a rally. On the HCM City Stock Exchange, the VN-Index closed 0.06 per cent off, reaching 385.36 points. Trading was sluggish, with only 13.3 million shares worth a turnover of VND157.6 billion (US$7.5 million) changing hands. Among the 30 leading shares in terms of capitalization and liquidity, 11 codes tumbled while seven added value. Others finished unchanged. These blue chips failed to hit their ceiling prices as they had during yesterday’s session. The VN30, tracking…