Saturday, November 26, 2022 5:07:01 PM - Markets open
VN-INDEX 971.46 +23.75/+2.51%
HNX-INDEX 196.77 +5.55/+2.90%
UPCOM-INDEX 68.41 +0.90/+1.33%
Shares rise for second day, propelled by food stocks
Vietnamnews - 8/25/2022 4:03:45 PM
 (0 ratings. You must sign in to rate.)

Shares gained for the second day on Wednesday, propelled by buoyant banking and food stocks.

On the Hồ Chí Minh Stock Exchange (HoSE), the VN-Index gained 0.50 per cent to close at 1,277.16 points.

The southern market index had risen 1.3 per cent in the last two days.

Market breadth was positive with 172 decliners and 279 gainers.

Some 601.9 million shares were traded on the southern exchange, worth VNĐ15.2 trillion (US$647.4 million).

The VN30-Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, gained 0.34 per cent to reach 1,296.41 points. In the basket, 17 stocks climbed, one stayed flat and 12 slid.

Banking stocks gained ground with most of the stocks in the basket rising, including Vietinbank (CTG), Asia Commercial Bank (ACB), Tiên Phong Bank (TPB), National Commercial Joint Stock Bank (NVB), Vietcombank (VCB), Military Bank (MBB), Bank for Investment and Development of Vietnam (BID), Techcombank (TCB), Sacombank (STB) and VPBank (VPB)

Energy stocks also attracted cash flow with gainers such as PTSC Offshore Services JSC (POS) up 4 per cent, Drilling Mud Joint Stock Corporation (PVC) up 6 per cent, PetroVietnam Drilling and Well Services Corporation (PVD) up 3 per cent, and PV OIL (OIL) up 2.3 per cent.

Food stocks made strong gains, in which Trung An Hi-Tech Farming JSC (TAR) and The Pan Group Joint Stock Company (PAN) both reached ceiling prices. Lộc Trời Group Joint Stock Company (LTG) increased by 6.3 per cent, Nafoods Group Joint Stock Company (NAF) rose by 3.1 per cent, Yên Bái Joint Stock Forest Agricultural Products And Foodstuff Company (CAP) gained by 2.7 per cent.

On a sector basis, 23 out of 25 sector indices on the stock market gained ground, including oil and gas, banking, wholesale, construction, rubber production, IT and logistics, agriculture, real estate, food and beverage, retail, seafood production, construction materials, and plastic and chemical production.

The HNX-Index on the Hà Nội Stock Exchange (HNX) rose 0.72 per cent to close Wednesday at 301.30 points.

The index had risen 1.5 per cent to close Tuesday at 299.14 points.

More than 73.6 million shares were traded on the northern exchange, worth VNĐ1.7 trillion. — VNS

Read original article here

Newer News
23/11 VN-Index struggles on persistent selling force
23/11 Securities companies adjust business results amid market downturn
15/11 Market declines but bright prospect on horizon
14/11 Lo ngại về tính thanh khoản thấp trên thị trường chứng khoán
11/11 Listed companies raise cash reserves
10/11 Investors worried as speculative stocks plummet
07/11 Shares to face downward trend on increased sell-off
07/11 Bank stocks hit by corporate bonds maturity
29/10 VN-Index corrects after strong recovery
27/10 Việt Nam among the fastest growing economies despite difficulties: economists
Older News
23/08 Shares slide on heavy selling force
17/08 Market struggles as big stocks diverge
09/08 Investors' risk appetite continues to improve this week
09/08 Shares open the week higher on banking sector
09/08 New securities accounts hit near two-year low in July
01/08 Shares to move up after testing supply and demand
27/07 Vietnamese shares fall as large-caps drag
25/07 Investors to find opportunities in individual stocks: experts
19/07 VN-Index falls for second day in a row
15/07 Shares post gains on the back of securities stocks
 
Newsletter Signup
Top Stories
Pharmaceutical firms report positive results in Q3
Petrol prices surge in latest adjustment
Investors worried as speculative stocks plummet
Bank stocks hit by corporate bonds maturity
After recent dips, securities stocks washed out of billon-dollar market cap club
Market Update
Last updated at 3:05:02 PM
VN-INDEX 971.46 +23.75/+2.51%
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.