Friday, March 29, 2024 3:32:53 AM - Markets open
VN-INDEX 1,290.18 +7.09/+0.55%
HNX-INDEX 243.92 +1.07/+0.44%
UPCOM-INDEX 91.48 +0.30/+0.33%
Indices gain on back of some pillar stocks
Vietnam News - 10/13/2021 1:32:31 PM
 (0 ratings. You must sign in to rate.)
 The market firmed on Tuesday despite losses in many large-cap stocks, while foreign investors net sold on both main exchanges again.
 
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) closed the trading session at 1,394.8 points, up 0.71 points, or 0.05 per cent. The index gained slightly despite the negative market breadth. Accordingly, 175 stocks climbed yesterday, while 228 stocks decreased.
 
The liquidity remained high with 742.8 million shares traded on the southern market, worth nearly VNĐ22.2 trillion (US$975 million).
 
The index’s gain was mainly driven by some large-cap stocks with positive performance as the 30 biggest stocks tracker VN30-Index finished lower yesterday.
 
The VN30-Index lost 0.7 points, or 0.05 per cent, to 1,509.57 points. Of the VN30 basket, 17 stocks rose, while eight slid and five ended unchanged.
 
Data compiled by vietstock.vn showed that Vingroup (VIC) led the supporting group with an increase of 1.09 per cent. It was followed by Mobile World Investment Corporation (MWG), Đức Giang Chemicals Group (DGC) and BIDV (BID). These stocks gained in a range of 0.63 – 5.4 per cent.
 
However, the market was weighed by stronger selling pressure as big gains in the previous session triggered some profit-taking activities.
 
Vietcombank (VCB), Masan Group (MSN) and Novaland (NVL) were the three biggest losers, down in a range of 0.51 – 1.02 per cent.
 
PetroVietnam Gas (GAS), which was the biggest gainer in the morning trade, also reversed course to inch 0.44 per cent lower in the afternoon session.
 
Analysts from Saigon - Hanoi Securities (SHS) expected that the VN-Index is likely to struggle and correct to retest the level of 1,370 – 1,380 points, then continue rally to head toward the old peak hit in July at 1,415 – 1,425 points.
 
On the Hà Nội Stock Exchange (HNX), the HNX-Index also rose 0.01 points, or 0.01 per cent, to 375.68 points.
 
Investors poured over VNĐ2.48 trillion into HNX, equivalent to a trading volume of nearly 107 million shares.
 
Meanwhile, foreign investors were net sellers on both main exchanges, with a total value of VNĐ53.66 billion. Of which, they net sold a value of VNĐ41.35 billion on HoSE, and a value of VNĐ12.31 billion on the northern bourse. — VNS
 
Read original article here
 
Newer News
23/03 Shares sustain gains on strong investor confidence
20/03 Vietnamese securities companies race to boost capital amid high market demand
19/03 Large-caps pressured as increased profit-taking drives share decline
18/03 Market likely to be affected by Fed's meeting this week
18/03 Investors show strong interest in dividends at annual shareholders' meetings
15/03 VN-Index corrects, liquidity stays high
14/03 Stock Market Upgrade Journey: overcoming hurdles and reaching new heights
13/03 Market rebounds from cautious sentiment
12/03 Losses in bank stocks weigh on market sentiment
12/03 ETFs continue to see strong outflows of foreign capital
Older News
12/10 Sugar stocks expected to benefit from trade remedies
11/10 Share to move positively this week, Q3 results announced soon
08/10 Fed's tapering will not affect Việt Nam's stock market
07/10 Market rises for third day in a row
05/10 Shares end higher thanks to oil and seafood stocks
04/10 Market expected to continue downtrend this week
30/09 Energy stocks benefit from higher oil prices
29/09 Shares fall slightly on low liquidity
28/09 Vietnamese seafood exports target niche markets
27/09 Analysts cautious over market movements amid volatility
 
Newsletter Signup
Top Stories
Shares sustain gains on strong investor confidence
Banks given advantages to CASA ratio
Man owes bank nearly VNĐ9 billion in credit card's interest after 11 years
VN-Index corrects, liquidity stays high
Stock Market Upgrade Journey: overcoming hurdles and reaching new heights
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,290.18 +7.09/+0.55%
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.