Profit-taking increases but shares still gain

Oct 31st at 14:21
31-10-2019 14:21:37+07:00

Profit-taking increases but shares still gain

The gains of shares were narrowed on Thursday morning as investors tried to take profits after the benchmark VN-Index surpassed the 1,000-point level.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange increased 0.07 per cent to end the morning session at 1,001.61 points.

More than 129.5 million shares were traded on the southern bourse, worth VND2 trillion (US$85.5 million).

The southern index increased 0.50 per cent to end Wednesday at 1,000.89 points.

Vinhomes (VHM) and Vingroup (VIC) are still the main supporters of the market. Other gainers included Vietcombank (VCB), HDBank (HDB), Vietinbank (CTG), Bank for Investment and Development (BID) and Techcombank (TCB).

Vinamilk (VNM) suddenly dropped despite good business results due to profit taking pressure.

On a sector basis, banking, insurance, real estate, healthcare, information and technology moved up.

On the opposite side, securities, seafood production, retail, wholesale, construction, construction material, logistics, agriculture, food and beverage and oil and gas declined.

On the Ha Noi Stock Exchange, the HNX-Index lost 0.23 per cent to close at 105.65 points.

The northern index rose 1.15 per cent to close at 105.89 points on Wednesday.

The afternoon session starts at 1pm

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