Home Stocks Stock Market

Large-caps lift VN-Index for second day

Aug 1st at 14:10
01-08-2019 14:10:08+07:00

Large-caps lift VN-Index for second day

Vietnamese shares were mixed on Thursday morning while property developers made strong gains to cushion market sentiment.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange edged up 0.28 per cent to close at 994.41 points.

The VN-Index was up 0.57 per cent on Wednesday.

The HNX-Index on the Ha Noi Stock Exchange dropped 0.15 per cent to end at 104.27 points.

The HNX-Index finished unchanged on Wednesday.

More than 114.5 million shares were traded on the two local exchanges, worth VND2.36 trillion (US$101.6 million).

Real estate firms held the market up in the morning session.

The realty sector index increased by 1.4 per cent, data on vietstock.vn showed.

Leading the property sector were large-cap firms such as Vingroup (VIC), Vinhomes (VHM), Vincom Retail (VRE) and Novaland (NVL). The realty giants also helped boost the large-cap VN30-Index up 0.26 per cent to 885.51 points.

Other large-cap stocks also advanced such as brewer Sabeco (SAB), steel producer Hoa Phat (HPG), retailer Mobile World (MWG) and dairy firm Vinamilk (VNM).

The afternoon trading session starts at 1pm.

bizhub

RELATED STOCK CODE (8)

NEWS SAME CATEGORY

Shares recover on strong first-half earnings
STOCK MARKET Aug 1st at 09:15

Shares recover on strong first-half earnings

Shares recovered on Wednesday, propped up by major blue chips with strong first-half earnings.

VN stocks mixed as investors wait
STOCK MARKET Jul 31st at 13:33

VN stocks mixed as investors wait

Vietnamese shares closed Wednesday morning on a mixed note as traders were still looking for profits rather than making investments.

VN stocks decline amid investors' caution
STOCK MARKET Jul 31st at 07:57

VN stocks decline amid investors' caution

Vietnamese shares tumbled on Tuesday as the market was running out of supportive news and investors were bracing for results of international meetings.

VN-Index fails to stick at 1,000 points
STOCK MARKET Jul 30th at 14:11

VN-Index fails to stick at 1,000 points

The VN-Index surpassed 1,000 points on Tuesday morning but failed to maintain the high level due to profit taking.

Top securities firms report lower earnings in Q2 due to poor liquidity
STOCK MARKET Jul 30th at 11:01

Top securities firms report lower earnings in Q2 due to poor liquidity

A quiet stock market in the first half of 2019 resulted in lower quarterly earnings for some large-cap securities companies, causing their shares to decline in the...

VN-Index saved by large-cap firms, but outlook gloomy
STOCK MARKET Jul 30th at 08:23

VN-Index saved by large-cap firms, but outlook gloomy

Viet Nam’s benchmark VN-Index recovered at the end of Monday as large-caps returned to positive territory on strong purchases.

VN stocks dragged down by strong selling
STOCK MARKET Jul 29th at 14:35

VN stocks dragged down by strong selling

Vietnamese shares declined on Monday morning as large-cap companies began to suffer from profit-taking.

Local stocks to slow on mixed corporate earnings as investors wait for int'l events
STOCK MARKET Jul 29th at 07:50

Local stocks to slow on mixed corporate earnings as investors wait for int'l events

Vietnamese shares made slight gains last week and the benchmark local index is expected to consolidate under the 1,000 point level before advancing, analysts say.

Shares subdued at the end of the week
STOCK MARKET Jul 27th at 16:36

Shares subdued at the end of the week

Vietnamese shares had a dreary trading session on Friday with indices dragged down by the poor performance of large-cap companies.

VN-Index slides after stumbling at 1,000 point level
STOCK MARKET Jul 26th at 13:59

VN-Index slides after stumbling at 1,000 point level

Vietnamese shares slid on Friday morning, dragged by large-cap companies and cautious market sentiment.

Read More

TRENDING

MOST READ

Back To Top