Home Stocks Stock Market

Shares mixed, oil and gas stocks lead the market

Jan 3rd at 13:59
03-01-2020 13:59:55+07:00

Shares mixed, oil and gas stocks lead the market

Shares extended gains on the Ho Chi Minh Stock Exchange on Friday morning but turned to decline on the Ha Noi Stock Exchange.

 

The VN-Index was up 0.36 per cent to 970.11 points while the HNX-Index inched down 0.04 per cent.

Bank stocks slowed down this morning and oil and gas stocks took the lead to drive the market.

The biggest listed gas company PV Gas (GAS) rose 1.3 per cent while the PetroVietnam Technical Services (PVS) and PetroVietnam Drilling and Wells Service (PVD) climbed 3.4 per cent and 2.3 per cent, respectively.

Some banks maintained growth such as BIDV (BID), Vietcombank (VCB), Military Bank (MBB), Vietnam Prosperity Bank (VPB) and Techcombank (TCB) but with modest growth of below 1 per cent. Four banks declined, including Eximbank (EIB), Sai Gon-Ha Noi Bank (SHB), Ho Chi Minh Development Bank and National Citizen Bank (NVB).

Liquidity was still low with just 101.6 million shares worth VND1.8 trillion (US$76 million) traded on the two markets.

The afternoon trade starts at 1pm.

bizhub

RELATED STOCK CODE (11)

NEWS SAME CATEGORY

Stock market a pillar of economic growth
STOCK MARKET Jan 3rd at 08:31

Stock market a pillar of economic growth

A sustainable stock market would help drive Viet Nam’s economic growth and serve the nation, said Minister of Finance Dinh Tien Dung.

Shares end 2020's first trading day on positive note
STOCK MARKET Jan 3rd at 08:30

Shares end 2020's first trading day on positive note

Trade improved in the afternoon session and concluded the first session of 2020 on a positive note on the two national stock exchanges.

Shares open 2020's first trading day on a mixed note
STOCK MARKET Jan 2nd at 13:59

Shares open 2020's first trading day on a mixed note

Viet Nam’s stock market moved slowly of the first trading day of 2020 on lingering investor caution.

Brighter outlook for VN stock market but risks abound
STOCK MARKET Jan 2nd at 08:55

Brighter outlook for VN stock market but risks abound

Market analysts and experts have forecast a brighter outlook for the stock market in 2020, but challenges remain arising from internal and external influences.

Main index falls at year-end session
STOCK MARKET Jan 1st at 15:35

Main index falls at year-end session

The HCMC bourse faced gloomy trade in the last session of 2019, witnessing the VN-Index fall 4.04 points to end the year at 960.99 on December 31 due to heavy...

Shares mixed on investor caution ahead of New Year holiday
STOCK MARKET Dec 31st at 08:08

Shares mixed on investor caution ahead of New Year holiday

Shares moved in opposite directions on the two national stock exchanges on Monday, with low liquidity demonstrating investor caution ahead of the New Year holiday.

Bank stocks lift the VN-Index despite low opening
STOCK MARKET Dec 30th at 14:19

Bank stocks lift the VN-Index despite low opening

Bank shares jumped on Monday morning, lifting the VN-Index to 965.88 points, up 0.25 per cent over last week.

Markets forecast to get boost from supportive information
STOCK MARKET Dec 30th at 07:57

Markets forecast to get boost from supportive information

Shares are forecast to advance this week thanks to the stable macro-economy and positive development of the world socio-economic situation.

VN stocks decline with low liquidity
STOCK MARKET Dec 27th at 13:30

VN stocks decline with low liquidity

Vietnamese shares dropped on Friday morning with low liquidity as investors were preparing for the new year holiday.

Top 10 landmarks on the stock market in 2019
STOCK MARKET Dec 27th at 09:39

Top 10 landmarks on the stock market in 2019

The following have been selected as the top 10 events on the Vietnamese stock market in 2019.

Read More

TRENDING

MOST READ

Back To Top