Tuesday, November 20, 2018 10:22:15 PM - Markets open
VN-INDEX 919.02 +2.96/+0.32%
HNX-INDEX 103.91 -0.04/-0.04%
UPCOM-INDEX 52.06 -0.34/-0.65%
Weak cash flow drives market down
Thanhnien.vn - 7/10/2018 9:36:05 AM
 (0 ratings. You must sign in to rate.)
Weak cash flow on July 9 pulled down the VN-Index on the Ho Chi Minh Stock Exchange (HoSE) to 915.12 points. 
The local market reported seesaw trading during the day, with the VN-Index extending to 929.5 points in the morning session thanks to strong transactions in banking stocks. However, it lost 2.39 points to end at 915.12 points at the end of the trading day.
Over 118.6 million shares were transacted at a value of more than 2.71 trillion VND (119.24 million USD). The southern market saw 131 decliners and 145 gainers.
Meanwhile, green margins dominated the Hanoi Stock Exchange (HNX) with the HNX-Index rising slightly to 100.76 points.  A total of 33.35 million shares were sold on the northern bourse at over 521.5 billion VND (22.94 million USD). There were 74 advancing codes, 55 stabilising codes, and 71 declining codes.
The VN30  Index, which tracks the performance of the 30 largest shares in terms of market capitalisation, fell 6.89 points although 14 had gains and 13 had losses. 
Specifically, marked decline was recorded in Vietjet Aviation JSC (VJC) falling 2,400 VND; VinGroup (VIC) by 1,200 VND, Hoa Phat Group (HPG) by 1,100 VND, Mobile World Group (MWG) by 1,500 VND, and Hau Giang Pharmaceutical JSC (DHG) by 4,900 VND.
In contrast, the strongest gain was seen in Vinamilk (VNM)’s share with 1,000 VND.
Regarding banking stocks, Vietcombank (VCB) had the sharpest decline of 1,000 VND while other banking codes such as VPB, TPB, MBB, LPB, HDB, EIB, CTG, and BID all saw slight increases from 50 VND to 300 VND per share.
Oil and gas stocks stabilised throughout the day. Meanwhile, securities stock groups had weak performances with poor liquidity, and a line-up of steep decliners such as SSI, HCM and DSC, which went down 800 VND, 2,700 VND, and 4,300 VND, respectively.
The market may have been in a more dramatic plunge if there had not been elevation of VIC’s affiliate Vinhomes (VHM) and Vincome Retail (VRE) stocks.
Net selling by foreigners was strong as they sold 6.33 million shares at 150.02 billion VND (6.6 million USD) on the HoSE. Shares coded HPG, VIC and MSN sold like hot cakes. Meanwhile, the foreign players net bought 694,600 shares with a value of over 10.71 billion VND (471,240 USD) on the HNX. -VNA
Read original article here
Newer News
19/11 Market short-term outlook remains negative
15/11 New securities law sparks concerns from expert
08/11 New securities law is a better fit
23/10 Technology continues to attract investment
22/10 Corporate earnings could boost market morale
18/10 Real estate stocks might peak in first half of 2019
15/10 Bull trap doesn’t mean stable rally: analysts
13/10 Viet Nam shares recover after sharp global falls
09/10 VN-Index breaks 1,000 point level again
04/10 Reference exchange rate continues to rise
Older News
07/07 Stock market recovers on July 6
06/07 SSI continues its lead in brokerage market share
06/07 VN shares slump amid trade war fears
05/07 VN stocks rebound on bottom-fishing
04/07 Selling pressure drives market down
03/07 Indices fall on week’s first trading day
29/06 VN stocks decline for third day
28/06 Local stocks fall at last minute
26/06 VN-Index opens week up, liquidity remains weak
25/06 Việt Nam remaining a frontier market: MSCI
Newsletter Signup
Top Stories
VN Index to rise amid volatility, weak liquidity
VN stocks continue rallying
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
Market Update
Last updated at 3:10:47 PM
VN-INDEX 919.02 +2.96/+0.32%
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...
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.