Shares fall in Ha Noi, rebound in HCM City

Sep 17th at 12:44
17-09-2012 12:44:55+07:00

Shares fall in Ha Noi, rebound in HCM City

Momentum from last Friday's rally on the HCM City Stock Exchange continued, with the benchmark VN-Index edging up more than 1 per cent to reach 403.3 points.

The overall value of trades fetched VND356.3 billion (US$16.9 million) as 22.64 million shares changed hands.

Blue-chips performed well, pushing the VN30 - tracking the city's top shares - up 1.3 per cent to 469.99 points.

Among the big names performing well, insurer Bao Viet Holdings (BVH) and Sacombank (STB) hit their ceiling prices along with nearly 90 advancers on the southern bourse.

Bank stocks including Vietinbank (CTG), Vietcombank (VCB) and Eximbank (EIB) also had a positive morning session, .

Meanwhile, on the Ha Noi Stock Exchange, the HNX-Index couldn't follow on from Friday's increase and lost 0.5 per cent. Closing this morning's session, the index stood at just 58.92 points.

Market value totalled only VND105.9 billion ($5 million) on a volume of 13.8 million shares.

The HNX30, representing the exchange's leading shares in terms of capitalisation and liquidity, also retreated 0.94 per cent to 110.12 points.

Afternoon trading will begin at 1 pm.

vietnamnews



NEWS SAME CATEGORY

Stocks follow world market rise

Viet Nam's stock market rose strongly September 14, driven by a robust increase in the world stock markets. This follows the US Federal Reserve's decision late on...

Securities firms suspended for violations

The Viet Nam Securities Depository has decided to suspend the operations of Trang An Securities JSC and Golden Bridge Viet Nam Securities JSC for flouting...

Bad debt level for listing eligibility under 3%

Credit institutions with a bad debt ratio of 3 per cent will not be allowed to list shares on the stock market, according to a State Bank circular which will take...

Blue-chips to be tracked by foreign index

Seven blue-chips of the Vietnamese stock market were selected to be tracked by an exchange-traded fund (ETF) governed by US investment management company iShares.

Seminar promises stock-market insights

Securities companies and experts will dissect the working of the stock market at Super Stock Day to be held in HCM City later this month.

Stocks rise strongly after world market boost

Viet Nam's stock markets rose strongly this September 14 morning, driven by a robust increase of the world stock indices. This follows the US Federal Reserve's...

BlackRock launches "frontier market" fund with global reach

* New ETF costs 0.79 percent

Stocks sink on sluggish trading

Shares started this September 13 morning's session in the green on the HCM City Stock Exchange but gradually declined during a sluggish session of trading.

Securities firm Dai Nam fined $12,000

The State Securities Commission recently imposed a VND250 million (US$12,000) fine on Ha Noi's Dai Nam Securities Co for conducting illegal share trading activities.

Shares enjoy modest rebound

Stocks rebounded slightly on the HCM City Stock Exchange September 12 after two consecutive sessions of declines, with the VN-Index regaining 0.45 per cent to close...

TRENDING


MOST READ


Back To Top