Wednesday, March 3, 2021 12:09:37 PM - Markets open
VN-INDEX 1,182.11 -4.50/-0.38%
HNX-INDEX 251.58 +3.64/+1.47%
UPCOM-INDEX 78.06 +0.60/+0.77%
Shares advance on high demand, VN-Index nearing 1,100 points
Vietnam News - 12/30/2020 1:24:57 PM
 (0 ratings. You must sign in to rate.)
 Shares advanced on Tuesday on strong demand that bolstered large-caps stocks, pushing the benchmark VN-Index close to the 1,100-point level.
 
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.75 per cent to end Tuesday's session at 1,099.49 points.
 
The index had gained 0.64 per cent to end Monday's session at 1,091.33 points.
 
Nearly 679 million shares were traded on the southern bourse on Tuesday, worth VNĐ14.5 trillion (US$629.5 million).
 
Market breadth was positive with 275 gainers and 174 decliners.
 
The large-cap tracker VN30-Index was up 0.39 per cent to 1,058.39 points.
 
Eighteen of the 30 large-cap stocks in the VN30 basket increased while 10 declined.
 
“VN-Index increased gradually in the morning and reached almost 1,100 in early afternoon and held around this level until the end of the trading time,” said BIDV Securities Co.
 
“Foreign investors continued to be net sellers on both HoSE and HNX. Besides, market breadth was in a positive status and liquidity decreased compared to the previous session. In our opinion, VN-Index is likely to fluctuate around 1,100 in the next days,” the company said.
 
Foreign investors net sold VNĐ385.02 billion on HOSE, including confectionary company Bibica Corporation (BBC) (VNĐ479.4 billion), SSI Securities Corporation (SSI) (VNĐ74.7 billion) and Vĩnh Hoàn Corporation (VHC) (VNĐ56.5 billion). They were net sellers on the HNX with a value of VNĐ11.49 billion.
 
Nineteen out of 25 sector indices on the stock market gained ground, including food and beverage, retail, logistics, wholesale, real estate, IT, energy, healthcare, construction materials, insurance, banking and rubber production.
 
They all gained between 0.02 and 3.5 per cent.
 
On the opposite side, losers were securities, agriculture, seafood processing and construction.
 
A number of blue-chips attracted cash flow such as Vinhomes (VHM), Vietcombank (VCB), Bank for Investment and Development of Vietnam (BID), Vincom Retail (VRE), Bảo Việt Holdings (BVH), Vingroup (VIC) and Sabeco (SAB), strongly supporting the VN-Index.
 
Banking group witnessed differentiation with Vietcombank (VCB), Bank for Investment and Development of Vietnam (BID) and Techcombank (TCB) all gained strongly. Meanwhile, Vietinbank (CTG), Military Bank (MBB), Asia Commercial Bank (ACB) and Sacombank (STB) declining.
 
On the Hà Nội Stock Exchange, the HNX-Index climbed 0.27 per cent to 197.10 points.
 
It had climbed 2.14 per cent to end Monday at 196.57 points.
 
Nearly 164.5 million shares were traded on the northern market, worth VNĐ2 trillion. — VNS\
 
Read original article here
 
Newer News
26/02 Investment funds in Việt Nam remain optimistic despite poor performance
20/01 VN-Index suffers big loss, liquidity exceeds 1 bln USD
06/01 Number of new securities trading accounts reaches record high
Older News
28/12 Vietnam’s GDP growth estimated at 2.91 pct this year
25/12 Stocks collapse on worries about system failure
17/12 Shares reach one-year peak on banking stocks
15/12 Financial stocks boost markets
10/12 VN stocks rebound, focus switches to banking, securities firms
07/12 Market’s uptrend may weaken after five consecutive gaining weeks
01/12 VAFI says no to increase the minimum trading lot to 100 shares.
27/11 VN-Index hits one-year high of 1,000 points
24/11 VN stocks remain upbeat, rally extends for 5th day
24/11 Realty stocks are attractive: experts
 
Newsletter Signup
Top Stories
Number of new securities trading accounts reaches record high
Trade surplus posts record high since 2016
Reference exchange rate up 1 VND on June 5
Reference exchange rate up 6 VND on December 10
Reference exchange rate continue going down
Market Update
Last updated at 12:05:02 PM
VN-INDEX 1,182.11 -4.50/-0.38%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.