Home Stocks Stock Market

VN Index slips on profit-taking pressure

Jun 20th at 13:33
20-06-2017 13:33:32+07:00

VN Index slips on profit-taking pressure

The benchmark VN Index inched down 0.1 per cent to 766.4 points on Tuesday morning on rising profit-taking pressure, especially on large-cap stocks.

 

Many blue chips slipped, including Vinamilk (VNM), VinGroup (VIC), PV Gas (GAS), FPT Corp (FPT), Bao Viet Holdings (BVH), Masan Group (MSN), Hoa Sen Group (HSG) and Kido Group (KDC).

Among bank stocks, which drove the markets up on Monday, only Vietcombank (VCB) and Nam Viet Bank (NVB) slumped; the other seven listed banks maintained growth of between 0.4 per cent and 3.7 per cent.

The overall market condition was negative with 134 stocks declining, 122 advancing and 78 remaining unchanged.

On the Ha Noi Stock Exchange, the HNX Index rose 0.24 per cent to close at 99.65 points.

A total of 169 million shares worth a combined VND3.2 trillion (US$141 million) were traded in the two exchanges.

The afternoon session starts at 1pm.

bizhub

MOST READ

NEWS SAME CATEGORY

SE Asia Stocks-Rise as risk sentiment improves; Vietnam hits 9-yr high
STOCK MARKET Jun 20th at 11:29

SE Asia Stocks-Rise as risk sentiment improves; Vietnam hits 9-yr high

Most Southeast Asian stock markets ended higher on Monday on improved risk sentiment as investors looked past the U.S. Federal Reserve's decision last week to raise...

Bank stocks rise on coming bad debt resolution
STOCK MARKET Jun 20th at 11:19

Bank stocks rise on coming bad debt resolution

Shares ended Monday on a positive note as banks reacted to information that the new bad debt settlement resolution will likely be approved by the National Assembly...

Markets advance on investor confidence
STOCK MARKET Jun 19th at 13:20

Markets advance on investor confidence

Shares gained on Monday morning in both national stock exchanges on rising investor confidence with regard to a positive market outlook.

Stocks set to rise, shaky trading seen
STOCK MARKET Jun 19th at 11:00

Stocks set to rise, shaky trading seen

The share market is set to remain positive this week, but trading could prove to be bouncy for lack of supporting business information, experts say.

VSD tagged to become new supervisor for derivatives market
STOCK MARKET Jun 19th at 10:54

VSD tagged to become new supervisor for derivatives market

The Viet Nam Securities Depository (VSD) could become the supervisor of trading on the derivatives market, along with the State Securities Commission (SSC) and the...

Derivatives market expectations downplayed
STOCK MARKET Jun 17th at 15:46

Derivatives market expectations downplayed

Investors should not expect too much from the derivatives market in the early stages despite its potential benefits, said Nguyen Duy Hung, chairman of Sai Gon...

Stocks rise on bargain-hunting
STOCK MARKET Jun 17th at 15:44

Stocks rise on bargain-hunting

Local shares recovered on Friday from a slight fall despite foreign investors ending up as net sellers on the last day of exchange-traded funds (ETFs) portfolio...

Stocks up slightly on poor trading
STOCK MARKET Jun 16th at 13:22

Stocks up slightly on poor trading

Shares rose slightly in both the local markets Friday morning, but trading liquidity was weak, as investors were cautious before the foreign investment funds...

Shares flat on profit-selling
STOCK MARKET Jun 16th at 10:12

Shares flat on profit-selling

Vietnamese shares were almost flat in both local markets on Thursday as energy firms, banks and other leading companies suffered from investor profit-hunting.

SE Asia Stocks-Indonesia hits record closing high; Vietnam scales 9-yr peak
STOCK MARKET Jun 15th at 13:37

SE Asia Stocks-Indonesia hits record closing high; Vietnam scales 9-yr peak

Indonesian shares hit a record closing high on Wednesday, with most markets in the region rising ahead of a likely rate increase by the U.S. Federal Reserve, with...

Read More

TRENDING

MOST READ

Back To Top