Vn index

VN-Index slightly rebounds Phuong Thao HCMC – The stock market bounced back on May 9 after two falling sessions, with the VN-Index adding 0.45% against the previous day at 722.11 points. VN30 stocks attracted huge cash flow, with VCB, GAS, VIC, CTG and MBB driving the VN-Index up 0.48%. In contrast, VNM and SAB, two large caps in the food and beverage sector, prevented the market from staging a strong recovery by removing over 0.24% from the main index. Mid and small caps still maintained their uptrend with high trading volume, especially those in the real estate, construction and securities sectors. SSI jumped 3.5% at VND23,800 per share with matching volume of 5.6 million shares while BID rose 0.6% at VND16,600 a share with volume of 3.1 million shares. HNG increased sharply in the morning phase but saw sluggish trading in the afternoon with just hundreds of shares changing hands. Closing the day, HNG reported matching volume of 21.5 million shares, climbing 5.9% against … [Read more...] about VN-Index slightly rebounds

VN-Index hits 730 points Phuong Thao HCMC – Trading remained lackluster on April 11 but the market still beat the strong resistance of 730 points, helped by blue chips and key stocks in the banking and mining sectors. The VN-Index closed at 731.33 points, rising 0.2% against Monday. Trading value on the HCMC market fell slightly to VND3.6 trillion while volume surged 22% to more than 210 million shares. Banking stocks were key drags in the morning but they bounced back strongly after lunch break. VCB, CTG and MBB, which advanced by 0.5% to 2.3% each, and VNM drove up the main index by 0.2% while beverage stocks SAB and BHN dragged the index down by nearly 0.1%. The mining sector also provided significant support for the upward trend, in which LCM and DHM hit the ceiling prices. In contrast, GAS lost 0.2% at VND56,800 a share after three consecutive losing sessions while three other petroleum stocks, PVC, PVB and PGS, closed sideways. Notably, property stocks dropped strongly … [Read more...] about VN-Index hits 730 points

Property and securities stocks buoy VN-Index Phuong Thao HCMC – Property and securities stocks sent the VN-Index of the HCMC exchange soaring to 730 points in the afternoon phase on April 10 but it failed to close at the strong resistance level as cash flow slid sharply. Given 133 advancers and 127 decliners, the VN-Index closed the session at 729.87, up 1.92 points, or 0.26%, versus last Friday. The HCMC market saw over 152 million shares worth VND3.7 trillion exchanged, dropping 30.7%, including eight million shares traded in bloc deals with a total value of VND340 billion. In the large cap group, SAB maintained a steady rise, gaining VND2,000 a share compared to the morning phase and thus contributing one point to the VN-Index. VIC, BVH, and GAS collectively gave less than one point. Ending the session, SAB added 1.95% with modest trading volume of 41,200 shares while the other three gained 0.7% to 2% each. Meanwhile, the VN30-Index dropped strongly in afternoon trade, … [Read more...] about Property and securities stocks buoy VN-Index