Sunday, May 22, 2022 12:29:31 PM - Markets open
VN-INDEX 1,240.71 -0.93/-0.07%
HNX-INDEX 307.02 -1.00/-0.32%
UPCOM-INDEX 94.11 -0.47/-0.50%
Share rebound on pillar stocks but liquidity low
Vietnam News - 12/17/2021 4:40:04 PM
 (0 ratings. You must sign in to rate.)
Vietnamese markets rebounded yesterday thanks to the recovery of pillar stocks but liquidity remained low on cautious investor sentiment.
 
On the Hồ Chí Minh Stock Exchange (HoSE), the market benchmark VN-Index edged up 0.08 per cent to end at 1,476.61 points.
 
It had slid 0.04 per cent to end Wednesday at 1,475.50 points.
 
The market's breadth was negative with 209 gainers and 243 losers.
 
Liquidity increased compared to the previous session with 927.5 million shares traded on the southern bourse, worth nearly VNĐ27 trillion (US$1.2 billion).
 
“The 1,480-point mark is obviously a strong resistance level for the Vietnamese stock market. The session recorded a sideways movement of the market when the VN-Index approached this area. Besides, the market has entered a period of lacking supportive information causing the index to see a strong fluctuation,” said financial site cafef.vn.
 
The VN30-Index, tracking the 30 biggest stocks on HoSE, lost 0.61 per cent, to end at 1,510.17 points. Eighteen out of 30 stocks in the VN30 basket posted losses, while nine increased.
 
In the VN-30 basket, gainers included Vietinbank (CTG), PetroVietnam Gas JSC (GAS), Vietnam National Petroleum Group (PLX), Sacombank (STB) and Vinamilk (VNM).
 
Stocks in the real estate group attracted money with many strong gainers during the session. They included Kinh Bắc Corporation (KBC), Hà Đô Group (HDG), Hoà Bình Corporation (HBC), HCM City Infrastructure Investment JSC (CII), Khang Điền House (KDH), Nam Long Group (NLG), Investment and Construction Development Joint Stock Corporation (DIG), Licogi 14 JSC (L14), C.E.O Group JSC (CEO), Tân Tạo Investment and Industry Corporation (ITA), Phát Đạt Real Estate (PDR) and Khang Điền House (KDH).
 
Thirteen out of 25 sector indices on the stock market posted gains, including retail, wholesale, real estate, oil and gas, construction, seafood production, and agriculture.
 
On the other side, losers were securities, insurance, IT, banking, healthcare, food and beverage, rubber production, construction materials and logistics.
 
On the Hà Nội Stock Exchange (HNX), the HNX-Index gained 0.73 per cent, to end yesterday at 457.03 points.
 
On Wednesday, it had lost 0.22 per cent, to end at 453.70 points.
 
During the session, investors poured over VNĐ3.2 trillion into the market, equivalent to a trading volume of 116 million shares. — 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
17/12 Outlook of logistics stocks promising next year: VCBS
16/12 Stocks remain attractive on record fertiliser prices
13/12 Việt Nam Stock Exchange officially debuts
09/12 Shares post gains thanks to banking, securities stocks
08/12 Shares gain on strong buying force
06/12 Stock market continues to grow, trading around 1,700 - 1,760 points next year
04/12 Share plunge as Omicron worries rattle investors
04/12 Vietnam continues to meet US Treasury criteria for not being labelled as currency manipulator
25/11 Shares advance on the back of bank stocks
24/11 Shares rebound on strong buying demand
 
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 3:05:03 PM
VN-INDEX 1,240.71 -0.93/-0.07%
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.