Friday, March 29, 2024 11:46:27 AM - Markets open
VN-INDEX 1,284.02 -6.16/-0.48%
HNX-INDEX 243.11 -0.80/-0.33%
UPCOM-INDEX 91.55 +0.07/+0.08%
Shares jump on surging blue-chips, VN-30 Index reaches 1,400
Vietnam News - 5/20/2021 12:11:04 PM
 (0 ratings. You must sign in to rate.)
Shares made strong gains on Wednesday with the VN-30 Index conquering the 1,400-point landmark, propelled by surging large-cap stocks.
 
The market benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) rose 0.78 per cent, or 9.81 points, to finish Wednesday at 1,262.49 points.
 
It had declined 0.48 per cent, or 6.02 points, to finish Tuesday at 1,252.68 points.
 
The market breadth Wednesday was negative as 235 stocks declined while 183 rose and 46 ended flat.
 
The market’s liquidity was high with over 694.4 million shares traded on the southern market, worth VND21.6 trillion (US$937 million).
 
The 30 biggest stocks tracker, VN30-Index, gained 1.68 per cent to reach a new high of 1,401.71 points.
 
Of the VN30 basket, 16 stocks increased while 11 decreased.
 
A series of blue-chips soared during the trading session, pushing up the gains of VN-Index and VN-30 Index.
 
FPT Corporation (FPT), Sacombank (STB) and Hoà Phát Group (HPG) led the group with more than 4-per-cent rise. Military Bank (MBB), Vietinbank (TCB) and Vietinbank (CTG) all rose by 3 per cent. HDBank (HDB), Masan Group (MSN), Tiên Phong Bank (TPB) and SSI Securities Corp (SSI) advanced more than 2 per cent.
 
In contrast, Vietjet (VJC), PVPower (POW) and Vincom Retail (VRE) were the biggest losers of the group, dropping more than 2 per cent.
 
“The VN-Index struggled mainly around the reference level in the first two hours but then gradually increased and closed above 1,260,” said BIDV Securities Co.
 
“Investment cash flow improved slightly, foreign investors were net sellers on both HoSE and HNX. In addition, market breadth moved to equilibrium with liquidity not much different from the previous session.
 
“According to our assessment, VNIndex may return to challenge the 1,270-1,280 resistance area in the coming sessions,” it said.
 
Foreign investors net sold VNĐ240.9 billion on HOSE, including Vinamilk (VNM) with VNĐ97.3 billion, VPBank (VPB) with VNĐ87.5 billion and Novaland (NVL)with VNĐ60 billion. They were net sellers on the HNX with a value of VNĐ13.59 billion.
 
On a sector basis, gainers included real estate, securities, IT, healthcare, banking, rubber production, plastic-chemical production, food and beverage and construction materials.
 
Decliners included wholesale, insurance, retail, energy, agriculture, seafood processing, construction and logistics.
 
Meanwhile, on the Hà Nội Stock Exchange (HNX), the HNX-Index climbed 0.21 per cent to close Wednesday at 295.25 points.
 
The northern market index had declined 0.72 per cent to close Tuesday at 294.64 points.
 
During the session, nearly 131 million shares were traded on HNX, worth VNĐ2.9 trillion. — VNS
 
Read original article here
 
Newer News
23/03 Shares sustain gains on strong investor confidence
20/03 Vietnamese securities companies race to boost capital amid high market demand
19/03 Large-caps pressured as increased profit-taking drives share decline
18/03 Market likely to be affected by Fed's meeting this week
18/03 Investors show strong interest in dividends at annual shareholders' meetings
15/03 VN-Index corrects, liquidity stays high
14/03 Stock Market Upgrade Journey: overcoming hurdles and reaching new heights
13/03 Market rebounds from cautious sentiment
12/03 Losses in bank stocks weigh on market sentiment
12/03 ETFs continue to see strong outflows of foreign capital
Older News
14/05 Shares subside on late selling pressure
10/05 Foreign investors will soon return to Vietnam's stock market: HSBC
26/04 Seminar identifies high-growth sectors in stock market
20/04 Shares hit fresh peak on strong buying force
15/04 Market rebounds, VN-Index returns to 1,250 point-level
12/04 Shares to climb on positive Q1 earning results
08/04 Shares rise for eight consecutive sessions, VN-Index hits new high
05/04 Stock market size on HOSE reaches nearly 71 percent of GDP
01/04 Thriving equity market helps boost business transparency
30/03 Stock market expected to maintain growth path in 2021
 
Newsletter Signup
Top Stories
Shares sustain gains on strong investor confidence
Banks given advantages to CASA ratio
Man owes bank nearly VNĐ9 billion in credit card's interest after 11 years
VN-Index corrects, liquidity stays high
Stock Market Upgrade Journey: overcoming hurdles and reaching new heights
Market Update
Last updated at 11:45:00 AM
VN-INDEX 1,284.02 -6.16/-0.48%
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.