Shares trade cautiously on morning session

Nov 11th at 12:39
11-11-2019 12:39:14+07:00

Shares trade cautiously on morning session

Shares traded cautiouly on Monday morning as selling demand put pressure on the large-cap stocks during the session.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange slid 0.02 per cent to close at 1,022.25 points on Monday morning.

More than 100 million shares were traded on the southern bourse, worth VND2.15 trillion (US$92 million).

The southern index totaled a weekly gain of 0.68 per cent last week.

Selling pressure increased for many large-cap stocks such as Cotec Construction Joint Stock Company (CTD), Masan Group (MSN), FLC Faros Construction Joint Stock Company (ROS) and Vingroup (VIC), pushing the market indexes to below the reference level.

CTD dropped by 1.6 per cent to VND73,300 per share, ROS dropped by 2 per cent to VND24,500 per share, MSN dropped 1 per cent to VND76,000 per share.

PAN Group (PAN) increased by 0.7 per cent to VND29,000 per share after the information that the group has approved its investment plan into Golden Beans Coffee Joint Stock Company, through the acquisition of capital of existing shareholders and newly issued shares.

On the Ha Noi Stock Exchange, the HNX-Index lost 0.01 per cent to end at 107.26 points on Monday morning.

More than 12.1 million shares were traded on the northern bourse, worth VND123 billion.

The afternoon trading session begins at 1pm. 

bizhub



RELATED STOCK CODE (4)

NEWS SAME CATEGORY

VN-Index to move flat, large-cap stocks to weaken amid lack of information

Viet Nam’s benchmark VN-Index last week ended at its 13-month high but its struggle on the last two days signalled growth had stalled and it would move sideways in...

VN-Index slides for second day

Viet Nam’s benchmark VN-Index fell for a second day as investors continued to take profits from the market’s recent rally, sending large-caps lower.

VN-Index slides as pressure mounts on large-caps

Viet Nam’s benchmark VN-Index inched down on Friday morning, dragged by even stronger selling than the previous day.

VN-Index steps down from 4-day rally

Vietnamese shares retreated from a four-day rally amid stronger profit-taking pressure and uncertainty of US-China trade relations.

VN stocks quiet as investors remain cautious

Vietnamese shares moved marginally on Thursday morning while large-cap stocks struggled amid market caution.

Stock market inches up, investors begin earning profits

Vietnamese shares steadied on Wednesday as large-caps faced selling pressure while investors prepared for impacts from global markets.

VN shares gain slower as large-caps are hit

Vietnamese shares rose slower at the end of Wednesday morning as a number of large-cap stocks lost momentum on stronger profit-taking.

Market grows slower despite good global news

Vietnamese shares made slight gains Tuesday despite good signals from the global markets as investors looked to lock in stocks’ recent profits.

State budget to receive $216m in cash dividend from State-owned businesses

Insurer Bao Viet Holdings (BVH) and the Bank for Investment and Development of Viet Nam (BIDV) have approved plans of paying cash dividends worth combined nearly...

Shares move up on strong cash flow

VN-Index continues gaining thanks to the cash flow pouring into large-caps.

TRENDING


MOST READ


Back To Top