Home Stocks Stock Market

VN-Index extends gains on blue chip support

Aug 2nd at 13:16
02-08-2017 13:16:21+07:00

VN-Index extends gains on blue chip support

The VN-Index edged up 0.14 per cent to 787.95 points on Wednesday morning, boosted by the growth of some heavyweight large-cap stocks.

 

Half of the top 30 largest shares by market value and liquidity on the HCM Stock Exchange advanced, including leading firms such as Vinamilk (VNM), Petrolimex (PXL), Sabeco (SAB) and Mobile World Group (MWG), as well as FPT Corp (FPT) and PetroVietnam Drilling and Wells Service (PVD).

Shares were mixed. BIDV (BID) and Vietinbank (CTG) increased 2.3 per cent and 1.8 per cent, respectively, but Vietcombank (VCB) and Military Bank (MBB) were down by less than one per cent each.

Overall market condition was negative, with 149 stocks declining, 108 advancing and 84 remaining unchanged.

By contrast, the HNX-Index on the Ha Noi Stock Exchange slipped 0.32 per cent to 101 points, with 114 shares falling, 67 rising and 186 closing flat.

A total of 166.6 million shares worth a combined VND2.8 trillion (US$123.3 million) were traded on the two markets.

Afternoon trade starts at 1pm.

bizhub

MOST READ

NEWS SAME CATEGORY

VN-Index sets new nine-year high
STOCK MARKET Aug 2nd at 09:27

VN-Index sets new nine-year high

Shares continued to climb Tuesday on the two stock exchanges, backed by strong gains of oil stocks after global oil prices recorded the strongest month of the year.

Energy stocks push VN Index to nine-year high
STOCK MARKET Aug 1st at 13:29

Energy stocks push VN Index to nine-year high

The benchmark VN Index rose to a nine-year high on Tuesday morning backed by the growth of energy stocks, even as banks tumbled on rising profit-taking pressure.

Banks lead market upturn
STOCK MARKET Aug 1st at 09:28

Banks lead market upturn

Shares rose stronger in Monday afternoon trading as bank stocks accelerated their growth on the back of positive first-half business earnings.

Banks lift VN Index close to 780 points
STOCK MARKET Jul 31st at 13:30

Banks lift VN Index close to 780 points

The VN Index rose 0.3 per cent to 779.05 points on Monday morning as banks continued their show of strength, backed by solid earnings in the first half of 2017.

Banks sprint to listing deadline
STOCK MARKET Jul 31st at 10:45

Banks sprint to listing deadline

Ten commercial banks will have to sprint to be able to meet the Government’s listing deadline on the Unlisted Public Company Market (UPCoM) by the end of this year.

Stocks to move up, but lack of info could bite
STOCK MARKET Jul 31st at 10:43

Stocks to move up, but lack of info could bite

While stocks are set to rise this week, concerns remain as listed companies are about to finish releasing their second-quarter earnings reports, putting the market...

VN stocks advance on both bourses
STOCK MARKET Jul 29th at 16:47

VN stocks advance on both bourses

Vietnamese shares rose on both local exchanges on Friday, led by the finance-banking sector after Asia Commercial Bank released its second-quarter earnings report.

VN Index recovers amid concerns about market direction
STOCK MARKET Jul 28th at 20:50

VN Index recovers amid concerns about market direction

Shares on the two local exchanges turned in a mixed performance on Friday morning with moderate trading liquidity as investors were cautious about the market’s...

VN Index drops after two-day rise
STOCK MARKET Jul 28th at 20:44

VN Index drops after two-day rise

Viet Nam’s benchmark VN Index retreated from a two-day increase as large-cap stocks were brought down by profit-taking pressure.

VN Index retreats after two-day rise on profit-taking
STOCK MARKET Jul 27th at 17:53

VN Index retreats after two-day rise on profit-taking

Viet Nam’s benchmark VN Index fell slightly on Thursday morning, owing to large-cap stocks that were hit by profit-taking.

Read More

TRENDING

MOST READ

Back To Top