Thursday, January 20, 2022 9:33:50 PM - Markets open
VN-INDEX 1,465.30 +22.51/+1.56%
HNX-INDEX 411.80 +2.49/+0.61%
UPCOM-INDEX 109.67 +1.83/+1.70%
Shares advance on the back of bank stocks
Vietnam News - 11/25/2021 3:21:59 PM
 (0 ratings. You must sign in to rate.)
Shares advanced on Wednesday, led by gains in banking stocks and the market witnessed record high liquidity.
 
The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 1.72 per cent to end at 1,488.87 points.
 
The index had gained 1.13 per cent to end Tuesday at 1,463.63 points.
 
The market's breadth was negative with 127 stocks rising, while 350 slid.
 
Liquidity set a new record high as investors poured over VNĐ35.9 trillion (US$1.6 billion) into the southern exchange, equivalent to a trading volume of VNĐ1.1 billion shares.
 
The 30 biggest stocks tracker VN30-Index gained 2.1 per cent, to end at 1,565.29 points. Twenty-one in the VN30 basket climbed, while six decreased.
 
In the VN-30 basket, the best performers were Vincom Retail (VRE), Khang Điền House (KDH), Vinhomes (VHM), FPT Corporation (FPT), Mobile World Group (MWG), Bảo Việt Holdings (BVH) and Masan Group (MSN).
 
A series of banking stocks across the board hit the ceiling prices such as Orient Commercial Joint Stock Bank (OCB), Military Bank (MBB), Vibank (VIB), Southeast Asia Commercial Joint Stock Bank (SSB), Eximbank (EIB) and Sacombank (STB).
 
“After a slight correction at the beginning of the morning session, cash flows actively caught the bottom so VN-Index went up and closed 1.7 per cent higher than that of Tuesday,” said BIDV Securities Co.
 
“Market breadth tilted to the positive side. Today's gaining session is showing positive signals in the market,” it said.
 
Towards the end of the trading session, many real estate stocks gained ground and strongly supported the market such as Vinhomes (VHM), rising 1.45 per cent, Vincom Retail (VRE) climbing 3.15 per cent and Khang Điền House (KDH) rising 3.08 per cent.
 
Nineteen out of 25 sector indices on the market gained ground, including IT, oil and gas, retail, food and beverage, seafood production, logistics, banking, securities, insurance, wholesale and healthcare.
 
On the other side, losers were rubber production, agriculture, and construction materials.
 
On the Hà Nội Stock Exchange (HNX), the HNX-Index rose 1.56 per cent to end Wednesday at 455.58 points.
 
During the trading session, nearly 106.5 million shares were traded on HNX, worth nearly VNĐ3.1 trillion. — VNS
 
Read original article here
 
Newer News
18/01 The stock market on track to become one of 'Asia tigers': BSC
14/01 The stock market sets new record on billion dollars of capital inflow
11/01 Shares nosedive on late massive selling
07/01 Enterprises rush to list on stock exchanges in early 2022
04/01 VN-Index hits new record high in early 2022
04/01 Stock market to make robust gains as 2022 arrives
30/12 Shares tumble after three-day rising streak
29/12 Shares manage to gain amid market votality
27/12 Analysts optimistic about market recovery this week
27/12 Domestic investors help to create records in securities market
Older News
24/11 Shares rebound on strong buying demand
24/11 HoSE to develop other covered warrant products
22/11 Stock market to be turned into main medium and long-term capital channel
18/11 VN-Index surpasses 1,480 benchmark
15/11 Shares to go up on high demand
15/11 2021's profit outlook mostly reflected in stock prices: FiinGroup
03/11 Shares climb on the growth of banking and real estate
01/11 Market expected to hit new highs this week
27/10 Shares recover in last minutes
27/10 UPCoM attracts investors thanks to stock potential
 
Newsletter Signup
Top Stories
Vietnamese banks expect to sell more shares to foreign investors in 2022
Vietnam-EU trade increases 14.8 percent in 2021
Authorities inject trillions of VNĐ to support economy
Domestic investors help to create records in securities market
Indices retreat, money flows in speculative stocks
Market Update
Last updated at 3:05:02 PM
VN-INDEX 1,465.30 +22.51/+1.56%
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.