Shares gain on large-cap stocks

Feb 12th at 14:07
12-02-2020 14:07:11+07:00

Shares gain on large-cap stocks

Shares maintained their upward trend on Wednesday morning thanks to the growth of large-cap stocks.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange extended 0.56 per cent to end the morning session at 939.86 points.

The index had risen 0.42 per cent to close Tuesday at 934.67 points.

More than 116.5 million shares were traded on the southern bourse, worth VND2.2 trillion (US$94.7 million).

The market breadth was positive as gaining stocks outnumbered decliners by 204 to 117.

Retail, wholesale, insurance, food and beverage, logistics, construction, seafood processing, securities, information and technology, oil and gas, banking and rubber production were the major driving forces.

The sector indices grew between 0.15 per cent and 2.76 per cent, according to vietstock.vn.

Among top gainers were Vietcombank (VCB), Vietinbank (CTG), Bank for Investment and Development of Viet Nam (BID), Techcombank (TCB), VPBank (VPB), Military Bank (MBB), Bao Viet Holdings (BVH), FPT Corporation (FPT), PetroVietnam Gas JSC (GAS), Hoa Phat Group (HPG), Masan Group (MSN), Vinamilk (VNM), Viet Nam National Petroleum Group (PLX), Mobile World Group (MWG) and Vinhomes (VHM).

Large-cap stocks also boosted the VN30-Index 1.14 per cent to 866.18 points and spread positive impacts across the bourse.

On the Ha Noi Stock Exchange, the HNX-Index edged up 2.5 per cent to end Wednesday morning at 107.40 points.

More than 25.7 million shares were traded on the northern bourse, worth VND337.6 billion.

The afternoon trading session starts at 1pm. 

bizhub



RELATED STOCK CODE (15)

NEWS SAME CATEGORY

Weighing up stock investment opportunities in 2020

The stock of companies in real estate, banking, and services are expected to push up the VN-Index’s growth trajectory in 2020.

Foreign investors net buy VN shares after five months

Foreign investors bought more Vietnamese stocks than they sold in January, snapping a five-month streak as net buyers.

Securities market forecast for 2020 bright

The Ho Chi Minh Stock Exchange (HOSE) and Vietnam’s securities market will celebrate their 20th anniversary in 2020, entering a new stage of development expected to...

Tech, banking and building stocks lift the market

Vietnamese shares advanced on Tuesday morning as banks, technology businesses construction firms bounced back on strong purchases.

HNX to ask for margin trading on UPCOM

The Ha Noi Stock Exchange (HNX) will continue petitioning State management agencies this year to consider allowing margin trading on the Unlisted Public Company...

Rising virus death toll weighs on market

Vietnamese markets started the week on a negative note in line with their regional counterparts as news of mounting coronavirus fatalities made headlines.

VN stocks decline as market reacts to higher coronavirus death toll

Vietnamese shares declined on Monday morning as market sentiment worsened following reports on the rising coronavirus death toll.

VN stocks struggle to find growth momentum amid disease, expected lower earnings

Vietnamese shares are likely to struggle this week amid expectations of lower-than-expected first-quarter earnings reports and consistent coronavirus concerns.

VN-Index advances despite profit lock-in

Vietnamese shares increased slightly on Friday as investors locked in profits after large-cap companies had made recent strong gains.

VN stocks edge up, profit-taking arises

Vietnamese shares advanced on Friday morning as investors switched attention to mid-cap and small-cap items.

TRENDING


MOST READ


Back To Top