Morning trade

Across the stock market, banks, property developers, securities firms and construction companies were among the best performing groups. — Photo nhadautu.vn Shares ended Friday morning up thanks to positive investor sentiment due to the recovery of the US stock market. The S&P 500 and Dow Jones Industrial Average ended slightly down, but were well above their session lows in volatile trading on Thursday as the arrest of a Chinese technology executive fanned fears of increased US-China trade tensions, while some big technology and internet shares posted gains. The benchmark VN-Index on the Ho Chi Minh Stock Exchange edged up 0.49 per cent to close at 959.47 points on Friday morning. It was down 0.24 per cent at 954.82 points on Thursday. The minor HNX-Index on the Ha Noi Stock Exchange gained 0.29 per cent in morning trading to close at 107.41 points. The index inched down 0.60 per cent to 107.10 points on Thursday. Large-cap stocks continued driving the market, lifting the … [Read more...] about Shares rally in morning trading

Investors watch share movements on a Bảo Việt Securities trading floor. — VNA/VNS Photo Phạm Hậu Shares were mixed on Wednesday morning as large-cap prices varied significantly. The VN-Index on the Ho Chi Minh Stock Exchange declined 0.58 per cent to 934.27 points by the end of the morning’s trade. It lost 1.45 per cent to close at 939.68 points on Tuesday. On the Ha Noi Stock Exchange, the HNX-Index inched up 0.03 per cent to end at 105.10 points. The index dropped 2.3 per cent to end at 105.07 points on Tuesday. Liquidity was modest with just 80 million shares worth a combined VND1.5 trillion (US$66 million) traded on the two markets. Declining stocks dominated the market with a total of 213 stocks seeing prices fall, while 164 other stocks ended on a positive note. Poor investor confidence continued to hit stocks on a large scale, led by large-caps after the VN30 Index fell 0.34 per cent to 904.89 points at the end of the session Supporters of … [Read more...] about Shares mixed during morning trade

Banking shares again fueled the momentum, with 12 of 13 listed banks gaining value and one closing flat. — Photo dautucophieu.net Shares rose on the two national stock exchanges on Friday morning thanks to high liquidity. The VN-Index on the Ho Chi Minh Stock Exchange increased 0.86 per cent to end the morning trade at 954 points. On the Ha Noi Stock Exchange, the HNX-Index edged up 0.9 per cent to close at 108.14 points. The overall market condition was positive with 222 stocks rising, 178 declining and 374 remaining unchanged. A total of 178.2 million shares worth a combined VND3.5 trillion (US$150.2 million) were traded in the two markets. Banking shares again fueled the momentum, with 12 of 13 listed banks gaining value and one closing flat. The Big Three (the three biggest banks by total assets) – Vietcombank, Vietinbank and BIDV – each rose by over one per cent. Mid-sized banks such as VPBank, Eximbank and Sai Gon-Ha Noi Bank leapt over two per cent. Many other … [Read more...] about Shares gain in the morning trading

Vietnamese shares gained strongly on Friday morning but investors continued to remain cautious fearing another bull trap. - Photo tinnhanhchungkhoan.vn Vietnamese shares gained strongly on Friday morning but investors continued to remain cautious fearing another bull trap. The benchmark VN Index on HCM Stock Exchange was up 0.73 per cent to close at 1,052.49 points. It had tumbled 3.32 per cent on Thursday. The HNX Index on Ha Noi Stock Exchange rose 2.21 per cent to end at 122.77 points, recovering from the previous fall of 4.9 per cent. The market trading condition was positive, with 218 gaining stocks, 181 decliners and 343 stocks ending flat. More than 139 million shares, worth VND3.9 trillion (US$171.2 million), were traded on the two local exchanges. Large-cap stock in the VN30 Index was also lifted by strong purchasing power, going up 0.68 per cent to 1,025.88 points, with 20 of the 30 largest stocks by market capitalisation advancing. Among the 20 sectors, banking and finance … [Read more...] about Shares rise in morning trade