Home Stocks Stock Market

Shares go flat on slow trading

Aug 19th at 13:12
19-08-2016 13:12:25+07:00

Shares go flat on slow trading

The VN-Index closed unchanged this morning at 660.4 points, following investor caution about market volatility.

 

The losers outnumbered the gainers by 125 to 81, while 103 closed flat.

Nearly half of the 30 largest shares by market capitalisation lost value, such as real estate firm VinGroup (VIC) and large lenders Vietinbank (CTG), Sacombank (STB), BIDV (BID).

Some bucked the trend and cushioned the market fall.

Private equity firm Masan Group (MSN) continued to rise by the daily limit of seven per cent, while dairy producer Vinamilk (VNM) increased 1.6 per cent.

Oil and gas stocks also recovered, with PV Gas (GAS) adding 1.6 per cent and PetroVietnam Drilling and Wells Service (PVD) rising 0.4 per cent.

Trading was slow, with just 66.4 million shares worth more than VND1.7 trillion (US$76 million) being exchanged on the HCM City's market.

On the smaller exchange in Ha Noi, the HNX-Index inched down 0.7 per cent to end at 83.1 points. The market saw more than 16 million shares, worth VND216 billion, being traded by the end of the morning.

The afternoon session begins at 1pm.

bizhub

MOST READ

NEWS SAME CATEGORY

Shares tread water on foreign sales pressure
STOCK MARKET Aug 19th at 10:19

Shares tread water on foreign sales pressure

Shares walked a tightrope yesterday under heavy selling pressure by foreign investors while volatile global oil prices pushed oil and gas stocks down.

VN-Index falls due to blue chips
STOCK MARKET Aug 18th at 13:27

VN-Index falls due to blue chips

The benchmark VN-Index retreated to touch 658.7 points, down 0.3 per cent from Wednesday's close, after exceeding 665 points this morning. Blue chips dragged down...

Shares up on Govt's exit from big firms
STOCK MARKET Aug 18th at 11:04

Shares up on Govt's exit from big firms

Shares advanced yesterday on the two national stock exchanges, buoyed by investor expectations of a specific roadmap for the Government to sell its capital...

Foreign investment funds grow thanks to blue-chip investment
STOCK MARKET Aug 17th at 14:27

Foreign investment funds grow thanks to blue-chip investment

Foreign investment funds saw an average growth of 11.28 per cent in the first half of 2016, according to DoBF Stock Academy's latest report.

Oil stocks sustain the market
STOCK MARKET Aug 17th at 14:24

Oil stocks sustain the market

The benchmark VN-Index inched up 0.1 per cent to touch 658.9 points this morning, propped up by oil and gas stocks, despite the decline of several large-cap stocks.

Shares slump on foreign selling
STOCK MARKET Aug 17th at 14:23

Shares slump on foreign selling

Shares failed to sustain the morning rises on HCM City's market yesterday as blue chips lost ground on strong foreign selling.

Confectionery shares lift VN-Index
STOCK MARKET Aug 16th at 13:30

Confectionery shares lift VN-Index

Shares extended gains this morning on the two markets, propped up by confectionery firm Kinh Do Corp (KDC) and stronger demand driven by positive market prospects.

Workers in SOE subsidiaries may buy parent companies' preferential shares
STOCK MARKET Aug 16th at 11:07

Workers in SOE subsidiaries may buy parent companies' preferential shares

Employees of State-owned enterprises' subsidiaries will be able to buy shares of the parent companies at preferential prices when those State-owned enterprises...

Oil and gas stocks boost markets
STOCK MARKET Aug 16th at 11:04

Oil and gas stocks boost markets

Shares rose slightly yesterday on the two national stock exchanges, led by oil and gas, after global oil recorded the best week in the past four months.

Oil and gas stocks lift VN-Index
STOCK MARKET Aug 15th at 13:49

Oil and gas stocks lift VN-Index

Shares rose slightly this morning on the HCM Stock Exchange, led by the oil and gas group, after global oil recorded the best week in the past four months.

Read More

TRENDING

MOST READ

Back To Top