Tuesday, November 26, 2024 8:20:28 AM - Markets closed
VN-INDEX 1,234.70 +6.60/+0.54%
HNX-INDEX 222.25 +0.96/+0.43%
UPCOM-INDEX 91.82 +0.12/+0.13%
Shares recover in last minutes
Vietnam News - 10/27/2021 1:33:20 PM
 (0 ratings. You must sign in to rate.)
The VN-Index escaped from a fall after investors poured money into some heavyweight stocks, lifting the market.
 
On the Hồ Chí Minh Stock Exchange, the VN-Index rose 0.45 per cent to close Tuesday at 1,391.63 points after trading below the reference threshold for most of the trading time.
 
Growth of Hòa Phát Group (HPG) was behind the market's rebound. The steelmaker’s shares climbed 2.2 per cent to end the day at VNĐ56,300 (US$2.45) a share, topping the shares affecting the VN-Index most. Last week, the company reported record profit of VNĐ10.35 trillion ($450 million) in the third quarter, 2.7 fold higher than the same period of last year.
 
Besides HPG, the top gainers in the VN30 basket included PV Gas (GAS), up 1.6 per cent; FPT Corp (FPT), up 2.1 per cent; and Military Bank (MBB), up 1.3 per cent.
 
In terms of sector, seafood processing companies enjoyed the highest growth with an average increase of 4.8 per cent, according to data on vietstock.vn. Advancers included Nam Việt Corp (ANV), Vĩnh Hoàn Corp (VHC), Sao Ta Foods (FMC), I.D.I International Development & Investment Corp (IDI) and Bến Tre Aquaproduct Import and Export (ABT) with growth of between 3.5 and 6.9 per cent each.
 
Securities sector was also among top gainers with average growth of 1.3 per cent. Big companies such as Saigon Securities Inc (SSI), Viet Capital Securities (VCI), Hồ Chí Minh Securities Corp (HCM) and VNDirect Securities (VND) increased between 1-2.2 per cent each.
 
Liquidity declined, however, with 748 million shares worth more than VNĐ21 trillion ($913 million) being traded on HCM City’s market, down 17 per cent in volume and 22.4 per cent in value compared to Monday’s figures.
 
According to analysts at BIDV Securities Co (BSC), though market liquidity decreased, market breadth tilted to the positive side (14 of 19 sectors gained value), showing that cash flow was focusing on certain stocks.
 
“VN-Index is expected to maintain movement in the accumulation area of 1,380-1,400 points as technical indicators have not shown signs of changing trend,” BSC’s analysts wrote in Tuesday’s market report.
 
On the Hà Nội Stock Exchange, the HNX-Index went up 0.49 per cent to close at 397.81 points, extending its rising streak to seven consecutive sessions.
 
Liquidity also declined here as just 115 million shares worth VNĐ2.5 trillion being traded, down 24.4 per cent in volume and 28.4 per cent in value compared to the previous session.
 
Foreign traders were net sellers on both exchanges, offloading shares worth net sell value of VNĐ91 billion. — VNS
 
Read original article here
 
Newer News
23/11 Market ends flat on rising selling force
21/11 Vinhomes acquires 190M shares, exceeds half of registered total
21/11 Foreign Investors set record in sell-off on HoSE
20/11 Market falls for fourth straight session as foreign bloc intensifies net selling
19/11 Market opens the week with slight decline as foreign investors net sell over VNĐ1.4 trillion
18/11 Market rocked by pressure from exchange rates and interest rates
15/11 Market experiences sharp pullback as VN-Index nears 1,230 points
15/11 Seaport stocks surge amid positive sector outlook
14/11 Easing monetary policy continues bolstering domestic stock market
14/11 Market struggles as foreign investors continue net selling
Older News
27/10 UPCoM attracts investors thanks to stock potential
23/10 Shares gain on bottom purchases
22/10 Shares end lower on foreign net selling force
22/10 Insurance stocks get boost thanks to State divestment
21/10 Foreign cash flows remain high despite continuous net selling
19/10 New economic stimulus package expected to spur stock market
18/10 Market uptrend expected to continue this week
15/10 Large-cap stocks extend losses, VN-Index falls for 2nd day
13/10 Indices gain on back of some pillar stocks
12/10 Sugar stocks expected to benefit from trade remedies
 
Newsletter Signup
Top Stories
VCCI recommends mineral mining rights be granted through auction and bidding
Central bank works to raise interbank rates and ease forex market
Inflation a concern following salary increases
National Council for Sustainable Development established
Việt Nam, Cambodia look forward to $20 billion trade
Market Update
Last updated at 3:05:01 PM
VN-INDEX 1,234.70 +6.60/+0.54%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
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.