Thursday, November 22, 2018 2:52:27 AM - Markets open
VN-INDEX 922.56 +3.54/+0.39%
HNX-INDEX 103.90 -0.01/-0.01%
UPCOM-INDEX 52.06 +0.00/+0.00%
Negative sentiment ends VN-Index rally - 8/25/2018 8:05:36 AM
 (0 ratings. You must sign in to rate.)
HÀ NỘI — Việt Nam’s benchmark VN Index ended its six-day rally as investor confidence was dampened by negative developments of the US-China trade dispute but strong purchases helped offset some of the losses.
The benchmark index on the HCM Stock Exchange inched down 0.03 per cent to close at 987.05 points after gaining 1.9 per cent since the beginning of the week.
The HNX Index on the Hà Nội Stock Exchange rose 1.00 per cent to end at 111.62 points, totalling a two-day increase of 1.48 per cent.
The northern market recorded weekly growth of 3.33 per cent.
More than 225 million shares were traded on the two bourses, worth VNĐ5.27 trillion (US$234.5 million).
Friday’s trading liquidity figures was up 25 per cent in volume and 32 per cent in value compared to the previous session.
The Vietnamese stock market moved along with Asia stocks after trade talks between China and the US showed no progress and tensions between the world’s two largest economies escalated.
The VN-Index lost 0.45 per cent during Friday’s session before bottom-picking helped narrow the loss.
Market liquidity was positive with 245 stocks gaining and 209 decliners. However, on a sector basis, 11 of the 20 sector indices ended in negative territory.
Among the worst-performing sectors were real estate, securities, food and beverages, and insurance-finance. Those sector indices were down between 0.3 per cent and 2.4 per cent, data on showed.
On the opposite side, energy, construction and technology stocks helped cushion the blow.
Large-cap stocks were mixed with 11 of the 30 largest shares by market capitalisation in the VN30 basket falling, dragging the blue-chip VN30 Index down 0.05 per cent to 960.42 points.
Foreign investors recorded modest net buying value of VNĐ2.1 billion, compared to net sales value of VNĐ128.6 billion on Thursday.
According to Việt Dragon Securities JSC (VDSC), the risk had not spared the market yet even though the number of gaining stocks was still higher than that of losers.
The market needed another bullish session to confirm the trend, VDSC said in its daily report. — VNS
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
24/08 VN stocks up for sixth straight day
23/08 VN stocks continue rallying
22/08 VN stocks rally on global developments
20/08 Share to advance on supportive information
17/08 VN-Index rebounds on large caps
16/08 VN-Index pulled down by large-cap stocks
15/08 Markets slump as bank and oil stocks lose steam
14/08 VN-Index rises nearly 10 points
13/08 Vietnamese stocks gain on divestment plans
10/08 Profit-taking drags stocks down
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 3:11:17 PM
VN-INDEX 922.56 +3.54/+0.39%
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.