Thursday, May 23, 2024 3:55:06 PM - Markets open
VN-INDEX 1,281.03 +14.12/+1.11%
HNX-INDEX 246.91 +1.76/+0.72%
UPCOM-INDEX 95.17 +0.47/+0.50%
Shares rebound on strong buying demand
Vietnam News - 11/24/2021 11:19:05 AM
 (0 ratings. You must sign in to rate.)
Shares rebounded on Tuesday as large-cap stocks extended their gains in the afternoon session thanks to strong buying forces.
The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 1.13 per cent to end at 1,463.63 points.
The index had lost 0.35 per cent to end Monday at 1,447.25 points.
The market's liquidity was positive with 289 stocks rising, while 166 slid.
Investors poured over VNĐ26.2 trillion (US$1.15 billion) into the southern exchange, equivalent to a trading volume of 880 million shares.
“The market recorded a volatile morning session with the VN-Index sometimes down nearly 10 points. However, the constant bottom-fishing demand helped the market recover. Towards the end of the afternoon session, most major sectors across the board rebounded significantly, helping VN-Index to close the trading session higher,” said financial news site
The 30 biggest stocks tracker VN30-Index gained 1.06 per cent, to end at 1,533.12 points. Nineteen in the VN30 basket climbed, while nine decreased and one stayed flat.
In the VN-30 basket, the best performers were Masan Group (MSN), the Việt Nam Rubber Group (GVR), Vinhomes (VHM), Novaland (NVL), PetroVietnam Gas JSC (GAS), Hoà Phát Group (HPG), SSI Securities Inc (SSI), Mobile World Group (MWG), Bảo Việt Holdings (BVH), FPT Corporation (FPT) and Vietjet (VJC).
The securities group performed positively with SSI Securities Inc (SSI), VNDirect (VND), and Agribank Securities Corporation (AGR) hitting the ceiling prices. This group has 21 out of 25 advancers.
Seafood stocks were also among the best gainers in the session. Nam Việt Corporation (ANV), I.D.I International Development & Investment Corporation (IDI), Camimex Group JSC (CMX) all hit the ceiling prices. Vĩnh Hoàn Corporation (VHC), Sao Ta Foods Joint Stock Company (FMC) and Cửu Long Fish Joint Stock Company (ACL) increased by 4 to 5 per cent.
Banking stocks were hit by profit-taking and performed poorly, with losers including Asia Commercial Bank (ACB), Bank for Investment and Development (BID), HDBank (HDB), Military Bank (MBB), Techcombank (TCB), Sacombank (STB) and VPBank (VPB).
On the Hà Nội Stock Exchange (HNX), the HNX-Index gained 0.89 per cent to end Tuesday at 448.60 points.
It had lost 2.06 per cent to end Monday at 444.62 points.
During the trading session, nearly 116.7 million shares were traded on HNX, worth nearly VNĐ3.2 trillion. — VNS
Read original article here
Newer News
08/05 Positive investment opportunities in Vietnamese stocks with potential Fed rate reduction
08/05 VN adds over 110,000 new securities accounts in April, bringing total to 7.7 million
06/05 Cautious rise amid low supply and cash flow, investors advised to monitor resistance area
02/05 Market likely to face some fluctuations
02/05 Outstanding margin loans reach record high amidst strong equity growth
02/05 Interest rates to rise but not have major impact on stock market: economist
19/04 Market upgrade to begin a new phase of development
16/04 Market plunges, HOSE's value evaporates $10 billion
16/04 VN anticipates market impact as KRX stock trading system launches
10/04 Banks and oil stocks endure a tough day, leaving with market volatility
Older News
24/11 HoSE to develop other covered warrant products
22/11 Stock market to be turned into main medium and long-term capital channel
18/11 VN-Index surpasses 1,480 benchmark
15/11 Shares to go up on high demand
15/11 2021's profit outlook mostly reflected in stock prices: FiinGroup
03/11 Shares climb on the growth of banking and real estate
01/11 Market expected to hit new highs this week
27/10 Shares recover in last minutes
27/10 UPCoM attracts investors thanks to stock potential
23/10 Shares gain on bottom purchases
Newsletter Signup
Top Stories
VN adds over 110,000 new securities accounts in April, bringing total to 7.7 million
Cautious rise amid low supply and cash flow, investors advised to monitor resistance area
Interest rates to rise but not have major impact on stock market: economist
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
Market Update
Last updated at 3:05:02 PM
VN-INDEX 1,281.03 +14.12/+1.11%
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...
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.