Tuesday, February 7, 2023 2:08:40 AM - Markets open
VN-INDEX 1,089.29 +12.14/+1.13%
HNX-INDEX 214.47 -0.81/-0.38%
UPCOM-INDEX 75.96 +0.42/+0.56%
VN-Index treads water as large-cap stocks divide
Vietnamnews - 6/10/2022 2:32:47 PM
 (0 ratings. You must sign in to rate.)
The market struggled on Thursday as large-cap stocks traded on both sides, causing the VN-Index to hover around the reference price.
On the Hồ Chí Minh Stock Exchange (HoSE), the market benchmark VN-Index settled down, ending its third-day rallies. It finished the day at 1,307.8 points, down 0.11 points, or 0.01 per cent. 
The benchmark breached the 1,300 point level for the first time since May 11 on Wednesday, closing the session at 1,307.91 points.
The market's breadth was neutral, while liquidity fell sharply compared to the previous session. Of which, the matching value on the southern bourse declined by 24 per cent to nearly VNĐ12 trillion (US$512.6 million), equal to a matching volume of 436 million shares.
The index little changed as cash flows into more risk assets were stagnant, leading to strong divergence among pillar stocks. Accordingly, the 30 biggest stocks tracker VN30-Index still gained 0.89 points, or 0.07 per cent, to 1,342.92 points. 
Of the VN30 basket, 14 stocks climbed, while 14 stocks slid and only two stocks stayed unchanged. 
Data compiled by the financial-economic news site vietstock.vn showed that on the downside risk, Vietcombank (VCB) posted the biggest losses of the day, down 1.77 per cent. It was followed by PV Gas (GAS), Sabeco (SAB), Vinamilk (VNM), VPBank (VPB) and Masan Group (MSN). These stocks dropped in a range of 0.67-1.69 per cent. 
On the other side, Hòa Phát Group (HPG) led the uptrend, cushioning investors' sentiment. The steel producer's shares added up 2.74 per cent on Thursday. Other stocks supporting the benchmark were Vietnam Rubber Group (GVR), Viglacera Corporation (VGC), Sacombank (STB) and PV Power (POW), with VGC shares up 7 per cent, the maximum daily rise. 
The HNX-Index on the Hà Nội Stock Exchange (HNX), however, climbed for two days in a row. Of which, the index jumped 1.81 points, or 0.58 per cent, to 312.74 points. 
Foreign investors extended their investments in the country's stock market after net bought VNĐ227.74 billion on both main exchanges. Specifically, they net bought more than VNĐ182 billion on HoSE, and a value of VNĐ45.73 billion on the northern bourse. — VNS
Read original article here
Newer News
30/01 Market’s uptrend may slow down in the near future
30/01 Foreign investors remain optimistic about VN stock market
18/01 Shares make large gains on banking, securities stocks
16/01 Trading in tight range ahead of Tết holidays
11/01 Shares mixed on blue chips divergence
09/01 Positive news lifts the market's sentiment: expert
04/01 Market opens the new year on a positive note
27/12 Transparent corporate bond market a long-term capital channel
27/12 Shares open new week low with dry liquidity
21/12 PM asks financial sector to perfect legal framework, supervise bond market
Older News
08/06 Legal framework for securities, corporate bond investment, business strengthened: SBV Governor
04/06 Shares drop on bank, securities stocks
04/06 Interest rate support package has little effect on stock market
31/05 Shares make gains on banking, airline stocks
30/05 Market likely to enter recovery wave: experts
25/05 Market ends bullish on strong buying forces
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
Newsletter Signup
Top Stories
State-owned banks under capital increase pressure
Shares make large gains on banking, securities stocks
Trading in tight range ahead of Tết holidays
Enterprises in HCM City receive credit disbursement, but rates remain high
Market opens the new year on a positive note
Market Update
Last updated at 3:05:00 PM
VN-INDEX 1,089.29 +12.14/+1.13%
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.