Monday, July 24, 2017 5:25:31 AM - Markets closed
VN-INDEX 761.86 -6.55/-0.85%
HNX-INDEX 97.96 -0.69/-0.70%
UPCOM-INDEX 56.35 +0.06/+0.11%
VN Index finishes almost unchanged
Source: VNS - 3/9/2017 9:35:32 AM
 (0 ratings. You must sign in to rate.)
The VN Index on the HCM Stock Exchange rose slightly yesterday as investor confidence remained low on a lack of business news.

Việt Nam’s benchmark index closed yesterday’s session at 716.6 points, nearly unchanged from the ending point of 716.54 points on Tuesday.

Yesterday’s slight increase also helped the VN Index extend gains for a fourth day with total growth of 1.3 per cent.

Market liquidity declined from Tuesday’s figure with more than 175.6 million shares traded, worth VNĐ3.67 trillion (US$163 million).

Investor confidence remained low as the stock market was short of business and economic news positive enough to bolster investors’ sentiment, BIDV Securities Corp (BSC) said in its report.

Additionally, the decline of the VN Index for most of yesterday’s session came from the fall of stocks that had gained significantly on the previous trading days, BSC added.

Faros Construction Corp (ROS) was down 0.6 per cent, marking its first decline after surging nearly 67 per cent since December 13, 2016.

Vietjet Aviation JSC (VJC) dropped 1.9 per cent. VJC has fallen 5.4 per cent in the last two sessions after rising 27 per cent since being listed on February 28.

Property firm Vingroup (VIC) fell 0.8 per cent from a three-day increase of 1.7 per cent.

The two large-cap energy companies on the southern bourse, PetroVietnam Gas Corp (GAS) and PetroVietnam Drilling and Well Services Corp (PVD), saw their share values decline following the decrease of crude oil prices.

On the opposite side, banks and food-beverage producers helped the benchmark index finished the day in positive territory.

All six listed banks on the southern bourse gained, with Eximbank (EIB) the best performer and MBBank (MBB) and Sacombank (STB) advancing 1.1 per cent and 1 per cent, respectively.

The food-beverage sector was driven up by dairy firm Vinamilk (VNM), which added 0.5 per cent after one of its institutional shareholder, the Thai dairy producer F&N Dairy Investments Pte Ltd registered to purchase more than 21.7 million of Vinamilk’s shares between March 10 and April 7.

On the Hà Nội Stock Exchange, the HNX Index rose 1 per cent to end at 87.53 points. The northern market index increased by a total 1.1 per cent in the last two sessions.

More than 51.7 million shares were exchanged on the northern bourse, worth VNĐ667.5 billion.


Newer News
28/04 Stocks recover on global moves
26/04 Shares down as holiday approaches
25/04 Caution pulls down blue chips
21/04 Stocks down on global risks
20/04 Shares up on confidence
19/04 Sabeco reports gains, urges additional divestment
19/04 Bargain hunting boosts local stocks
18/04 Stocks fall on investor worries
14/04 VN-Index steps back on correction fear
13/04 Market corrects on profit-taking
Older News
08/03 VN Index struggles to maintain growth
07/03 ROS drives VN Index for 2nd day
03/03 Shares edge down on rising prudence
02/03 VN shares sag on renewed correction fears
28/02 Shares up on investor confidence
27/02 Stock reports contest launched
24/02 VN stocks fall on correction pressure
23/02 VN-Index rises but investors worried
22/02 Shares advance for second day
22/02 FPT Securities to remove foreign-ownership limitations
 
Newsletter Signup
Top Stories
VN manufacturing PMI hits 22-month high in March
CPI goes up 4.96 percent year-on-year in first quarter
Slight rise in February CPI
Draft decree on State monopoly in trade submitted to Government
CPI ups 0.46% in January
Market Update
Last updated at 3:01:01 PM
VN-INDEX 761.86 -6.55/-0.85%
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.