Thursday, January 28, 2021 12:41:24 PM - Markets open
VN-INDEX 1,026.27 -70.90/-6.46%
HNX-INDEX 204.98 -15.80/-7.16%
UPCOM-INDEX 69.93 -4.53/-6.08%
VN-Index ends 4-day rally on worries over US election
Vietnam News - 11/6/2020 3:49:42 PM
 (0 ratings. You must sign in to rate.)
The VN-Index ended lower on Thursday, ending a four-session winning streak as the market struggled amid anxious sentiment about the prolonged US election.
 
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange decreased 0.21 per cent to close at 937.75 points.
 
It had risen 2.3 per cent in the last four trading sessions.
 
More than 304.3 million shares were traded on the southern bourse, worth VNĐ6.4 trillion (US$278 million).
 
Market breadth was negative with 276 decliners and 148 gainers.
 
“Liquidity declined, trading band narrowed and market breadth was negative, indicating a short-term profit-taking trend in the market,” said BIDV Securities Co.
 
“The VN-Index is retesting the resistance level of 940 points and waiting for the results of the US Presidential election,” said the company.
 
Some pillar stocks suffered strong selling pressure such as Vietnam Rubber Group JSC (GVR), Asia Commercial Bank (ACB), Sài Gòn Thương Tín Comercial Joint Stock Bank (STB), VPBank (VPB), FPT Corporation (FPT), The PetroVietnam Drilling & Well Service Corporation (PVD) and Techcombank (TCB).
 
GVR dropped by 3.9 per cent to VNĐ14,900 per share, ACB went down by 2.4 per cent to VNĐ24,900 per share, VPB slumped 2.1 per cent to VNĐ23,700 per share, FPT dropped 1.9 per cent to VNĐ52,000 per share.
 
On the other side, Masan Group (MSN), Kido Group (KDC), Phú Nhuận Jewelry (PNJ) and Vingroup (VIC) were the supporters of the overall market, contributing significantly to inhibiting the decline of the VN-Index.
 
MSN rose 4.4 per cent, KDC increased 1.4 per cent, PNJ increased 1.3 per cent and VIC gained 1 per cent.
 
The VN30-Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, decreased 0.20 per cent to close Thursday at 903.64 points.
 
In the VN-30 basket, seven stocks gained ground, 17 decreased and six remained flat.
 
On a sector basis, 17 of 25 sector indices lost ground, including energy, banking, seafood processing, construction materials, logistics, plastics and chemical production, wholesale, insurance, securities, retail, healthcare, information and technology.
 
Meanwhile, food and beverage, agriculture, real estate and construction were among the gainers.
 
The minor HNX-Index on the Hà Nội Stock Exchange decreased 1.23 per cent to end Thursday at 138.30 points.
 
The index had increased 1.05 per cent to end Wednesday at 140.03 points.
 
More than 38.6 million shares were traded on the northern exchange, worth VNĐ526 billion.
 
Foreign investors net bought VNĐ32.94 billion on HOSE. They were net buyers on the HNX with a value of VNĐ5.97 billion. — VNS
 
Read original article here
 
Newer News
20/01 VN-Index suffers big loss, liquidity exceeds 1 bln USD
06/01 Number of new securities trading accounts reaches record high
30/12 Shares advance on high demand, VN-Index nearing 1,100 points
28/12 Vietnam’s GDP growth estimated at 2.91 pct this year
25/12 Stocks collapse on worries about system failure
17/12 Shares reach one-year peak on banking stocks
15/12 Financial stocks boost markets
10/12 VN stocks rebound, focus switches to banking, securities firms
07/12 Market’s uptrend may weaken after five consecutive gaining weeks
01/12 VAFI says no to increase the minimum trading lot to 100 shares.
Older News
04/11 Shares narrow gains on market swing
28/10 Local stocks dragged by profit-making attempts
22/10 Individual purchases still key to market growth, VN-Index expected to end year at 1,000 points
13/10 VN-Index loses momentum, banks progress on cash-preserving decision
06/10 Funds reports good performance in Q3
30/09 Stock market dives, profit taking rises in banking, consumer and energy sectors
30/09 Billions of banking stocks to flood market under dividend plans
25/09 Shares lose steam on rising profit-taking
15/09 Realty, materials boost VN market
14/09 Varying forecasts for stock market, plenty of opportunities for investors
 
Newsletter Signup
Top Stories
Number of new securities trading accounts reaches record high
Trade surplus posts record high since 2016
Reference exchange rate up 1 VND on June 5
Reference exchange rate up 6 VND on December 10
Reference exchange rate continue going down
Market Update
Last updated at 12:40:03 PM
VN-INDEX 1,026.27 -70.90/-6.46%
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.