Tuesday, May 24, 2022 2:55:47 PM - Markets open
VN-INDEX 1,233.38 +14.57/+1.20%
HNX-INDEX 305.96 +5.30/+1.76%
UPCOM-INDEX 93.06 -0.57/-0.61%
Shares end lower on foreign net selling force
Vietnam News - 10/22/2021 12:48:06 PM
 (0 ratings. You must sign in to rate.)
Vietnamese shares ended Thursday on a negative note after foreign investors extended their net selling streak, further dampening investor sentiment.
 
On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index lost 0.65 per cent, to close Thursday at 1,384.77 points. The market's breadth was neutral with 220 stocks increasing while 205 stocks declined.
 
The southern market index had declined 0.11 per cent, to finish Wednesday at 1,393.80 points.
 
The market liquidity was also high as domestic investors poured over VNĐ21 trillion (US$923 million) into the southern market, equivalent to a trading volume of nearly 709 million shares.
 
“On HoSE, foreign investors continued their net selling with a net value of VNĐ790 billion,” reported the news site cafef.vn.
 
Hoà Phát Group (HPG) was the stock that was under the strongest net selling pressure of foreign investors with a value of VNĐ310 billion. Following were Nam Long Group (NLG) with VNĐ99 billion, Vingroup (VIC) with VNĐ86 billion, SSI Securities Co (SSI) with VNĐ83 billion and Vinhomes (VHM) with VNĐ79 billion.
 
The VN30-Index dropped 1.05 per cent to 1,489.26 points. Of the VN30 basket, three stocks rose, while 27 slid.
 
“The market today was strongly influenced by the expiration of the VN30-Index futures contract,” said financial news site vietstock.vn.
 
“As usual, the market was volatile at the end of the session. The selling force focusing on stocks in the VN-30 group was strong and caused many heavy-weight shares to plunge,” it said.
 
Some notable losers were Vietjet (VJC) falling 3 per cent, Sabeco (SAB) down 2.1 per cent, VPBank (VPB) declining 2 per cent, PV Power (POW) decreasing 2 per cent, Masan Group (MSN) falling 2 per cent, PetroVietnam Gas JSC (GAS) down 2 per cent and Mobile World Group (MWG) down 1.7 per cent.
 
On the Hà Nội Stock Exchange (HNX), the HNX-Index gained 0.04 per cent to close Thursday at 388.45 points.
 
It had risen 0.33 per cent to close Wednesday at 388.29 points.
 
During the trading session, over 117.4 million shares were traded on the northern bourse, worth over VNĐ2.2 trillion. — VNS
 
Read original article here
 
Newer News
20/05 Why the stock market sell-off when VN’s economy is strong?
20/05 Shareholders concerned about bank stocks
18/05 HoSE to provide odd-lot trading starting from June
16/05 SSC prioritises stabilising solutions for stock market
11/05 Real estate companies issue no bonds in April
04/05 Market likely to extend losses this week
27/04 Shares recoup half of Monday's loss on strong bargain hunting
23/04 Shares make gains on the back of bank, real estate stocks
23/04 Việt Nam’s daily stock trading value ranks second in ASEAN
18/04 Market likely to recover this week on bottom-fishing
Older News
22/10 Insurance stocks get boost thanks to State divestment
21/10 Foreign cash flows remain high despite continuous net selling
19/10 New economic stimulus package expected to spur stock market
18/10 Market uptrend expected to continue this week
15/10 Large-cap stocks extend losses, VN-Index falls for 2nd day
13/10 Indices gain on back of some pillar stocks
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
 
Newsletter Signup
Top Stories
Why the stock market sell-off when VN’s economy is strong?
Shareholders concerned about bank stocks
HoSE to provide odd-lot trading starting from June
SSC prioritises stabilising solutions for stock market
Market expected to inch higher this week
Market Update
Last updated at 2:55:02 PM
VN-INDEX 1,233.38 +14.57/+1.20%
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.