VN stocks increase as retail, banking and brokerage industries up

Jul 6th at 13:46
06-07-2020 13:46:57+07:00

VN stocks increase as retail, banking and brokerage industries up

Vietnamese shares advanced on Monday morning, driven by large-caps in the securities, banking and retail sectors.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 1.22 per cent to close at 857.94 points.

The VN-Index dropped a total of 0.51 per cent last week.

Large-cap stocks in the brokerage, banking and retail sectors boosted the market.

The three indices were up between 0.8 per cent and 1.7 per cent, according to vietstock.vn.

Gainers in those industries included Sacombank (STB), Vietinbank (CTG), VPBank (VPB), Mobile World Investment (MWG), SSI Securities (SSI) and HCM City Securities (HCM).

Those stocks also pushed the blue-chip index VN30 up 1.21 per cent to 799.39 points.

Mid-cap and small-cap stocks also advanced 0.48 per cent and 0.44 per cent, respectively.

On the Ha Noi Stock Exchange, the HNX-Index rose 0.82 per cent to end Monday morning at 112.46 points.

The northern market index lost 1.67 per cent last week.

More than 128 million shares were traded on the two exchanges, worth VND2.3 trillion (US$99.6 million).

Afternoon trading starts at 1pm. 

bizhub



RELATED STOCK CODE (6)

NEWS SAME CATEGORY

Stock market players hail covered warrants on 1st anniversary

One year after they were introduced on the Ho Chi Minh Stock Exchange, covered warrants have had a positive impact on the market, helping increase liquidity for...

Shares to correct amid lack of positive news

Shares are forecast to experience volatility and correction this week as the absence of supportive information may negatively influence the stock price movement.

Surge in new traders fuels market gains

Shares climbed on Friday thanks to a strong boost from a massive surge in new trading accounts opened by punters seeking to bottom fish from a giant slump amid...

Shares climb on state stake divestment plan in brewer Sabeco

 Shares climbed on Friday morning mainly thanks to a strong boost from brewery company Sabeco (SAB) as the State plans to divest its entire remaining capital in the...

Stock trade turns gloomy

As trading contracted due to weak cash flow, the local stock market ended in the red today, July 2, after managing to bounce back for just one session yesterday.

Shares reverse gains to end lower

Shares failed to maintain upward trend on Thursday morning as large-caps weighed on indices.

VN-Index rebounds, propped up by PMI data and interest cuts

Viet Nam’s benchmark VN-Index surged on Wednesday after a six-day losing streak as investor sentiment improved following solid data of PMI in June and steep cuts in...

VN stocks move up on financials, consumer staples

Local shares advanced on Wednesday morning as financial and consumer staples sectors made big gains.

VN stocks fall for sixth straight day

Vietnamese shares gave up gains to lose for a sixth straight day as abysmal market sentiment weighed on the large-cap sector in the afternoon trading session.

Stocks head up, large-caps advance on strong purchasing power

Local shares bounced back on Tuesday morning after having tumbled the previous trading day on a panicking sell-off.

TRENDING


MOST READ


Back To Top