Investors remain cautious, shares gain slightly

Aug 8th at 12:27
08-08-2012 12:27:48+07:00

Investors remain cautious, shares gain slightly

Shares finally added value at the end of this August 8 morning's session, but trading remained sluggish.

On the HCM City Stock Exchange, the VN-Index inched up 0.03 per cent to 422.62 points, with 92 advancers, 73 decliners and 86 codes closing unchanged.

Blue chip losses tracked by the VN30 prevented indices from gaining more ground. Insurer Bao Viet Holdings (BVH), software developer FPT (FPT), steelmaker Hoa Phat Group (HPG) and Vinamilk (VNM) lost between 0.2-1.9 per cent.

The VN30 also added 0.08 per cent to close at 502.48 points.

Investors remained cautious, trading only 14 million shares worth VND210.2 billion (US$10 million).

On the Ha Noi Stock Exchange, the HNX-Index closed up 0.76 per cent at 70.11 points.

Value decreased slightly from yesterday to VND190.8 billion ($9 million) on a volume of over 21 million shares.

Major shares in Ha Noi helped the HNX30 rise 1.23 per cent, reaching 133.97 points.

Trading will resume at 1pm.

vietnamnews



NEWS SAME CATEGORY

Shareholder land rights transfers pose risks

The charter capital of an enterprise is made up by contributions from shareholders. Each shareholder makes a capital contribution by transferring cash or assets to...

VN-Index makes adjustment

Vietnam’s benchmark VN-Index made correction on August 7 after a sharp gain the previous day as pessimism grew, causing both buy-side and sell-side to be cautious.

Realtors tops stock market’s loser list

As many as 19 listed firms operating in the construction and real estate sectors have recently reported losses in the second quarter of 2012, accounting for nearly...

Shares put best foot forward in August

Shares gained August 6 on both of the nation's stock exchanges, as the value and volume of trades recovered.

Shares fail to rise in Ha Noi

Shares failed to retain Moday's gains in Ha Noi, with the HNX-Index closing at 69.79 points, a 0.94 per cent off.

Stock markets firm despite sluggish trade

Shares gained value this morning on both national stock exchanges but trading remained sluggish.

Vietnam prepares the way for 100 percent foreign owned securities companies

A circular stipulating the procedures and conditions for establishing 100 percent foreign owned securities companies is expected to come out after September 15.

VN-Index unexpectedly maintains green

Vietnam’s benchmark VN-Index picked up the second day on August 3 though liquidity was still poor and had not shown signs of recovery.

Shares continue to increase

Shares continued to increase in value during this August 3 morning's session on both national stock exchanges.

Which fund management companies live on?

Only 23 fund management companies are still in operation out of the 47 companies licensed by the State Securities Commission (SSC).

TRENDING


MOST READ


Back To Top