Shares were mixed at closing on Friday morning, with the HCM City Exchange dipping but the northern Ha Noi bourse ending the morning session on a positive note. Shares were mixed at closing on Friday morning, with the HCM City Exchange dipping but the northern Ha Noi bourse ending the morning session on a positive note.- VNA/VNS Photo The benchmark VN Index on the HCM Stock Exchange fell 0.73 per cent to close at 1,008.32 points. It lost 1.44 per cent on Thursday. The HNX Index on the Ha Noi Stock Exchange inched up 0.35 per cent to close at 115.31 points. It had dropped 1.50 per cent the previous day. Liquidity remained low with nearly 87 million shares worth VND1.8 trillion (US$79 million) being traded on the two local exchanges. Declining stocks dominated the two indices, with losers outnumbering gainers 241 to 144, indicating a negative market breadth. Key areas of the stock market, including the banking-financial, property development, construction material, and food and … [Read more...] about VN stocks close morning trading with mixed results
Morning trade
Shares rise in morning trade
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
China shares lower in morning trade
Chinese shares were down 0.14 per cent in early trade Wednesday as investors were cautious ahead of the release of key economic data. The Shanghai Composite Index, which covers both A and B shares, was down 3.84 points at 2,705.14. The National Bureau of Statistics will release macro economic data, including the closely watched consumer inflation for December on Thursday. The Shanghai A-share index fell 0.14 per cent, or 4.03 points, to 2,832.34, while the Shenzhen A-share index was flat, climbing just 0.09 points to 1,237.70. Source AFP … [Read more...] about China shares lower in morning trade
Shares increase slightly during morning trade
HA NOI (VNS)- Shares fluctuated during this morning's session but ended the session slightly higher. On the HCM City Stock Exchange, the VN-Index closed at 494.87 points, a 0.19 per cent increase. Gainers were higher than losers by only 24 codes. Trading value and volume increased compared to yesterday morning's level, totalling VND985.5 billion (US$46.9 million) and nearly 71.5 million shares. Of the 30 leading shares tracked by the VN30, there were nine rising stocks and 14 declining stocks. The index, however, gained 0.03 per cent to 574.62 points. On the Ha Noi Stock Exchange, the HNX-Index also rose by 0.09 per cent to reach 66.80 points. Around 58.3 million shares were exchanged on a turnover of VND458.2 billion ($21.8 million). The HNX30, composed of the northern bourse's largest stocks, rose 0.4 per cent to stand at 133.56 points. Trading will resume at 1pm. - VNS … [Read more...] about Shares increase slightly during morning trade
Chinese shares lower in morning trade
Chinese shares fell 0.39 percent in early trade Wednesday with the resource sector leading declines due to concerns about the fallout of last weekend's fatal train crash, dealers said. The Shanghai Composite Index, which covers both A and B shares, was down 10.61 points at 2,692.42.Asian stocks rose on Tuesday although trade was cautious as investors focused on Washington where lawmakers are struggling to hammer out a deal to avert a catastrophic US default. The dollar touched a four-month low against the yen in early Tokyo trade after an address to the nation by President Barack Obama failed to indicate any progress on a debt agreement. Tokyo ended 0.47 percent, or 47.71 points, higher at 10,097.72 as the yen's strength pared gains made on the back of a batch of upbeat earnings reports on Monday as well as optimism over other results due this week. Seoul gained 0.85 percent, or 18.22 points, to 2,168.70 and Sydney ended 0.95 percent or 42.9 points higher at 4,573.3, while Hong Kong … [Read more...] about Chinese shares lower in morning trade