Shares continue trading above 1,000 points but growth slows

Nov 27th at 19:47
27-11-2020 19:47:01+07:00

Shares continue trading above 1,000 points but growth slows

Shares continued trading above the 1,000-point landmark on Friday’s morning but their growth was restrained by downside movements of many large caps.

 

The VN-Index on the Ho Chi Minh Stock Exchange inched up 0.07 per cent to 1,006.65 points.

The market breadth was positive but the number of gainers slightly outnumbered the losers by 206-185 and 121 closed flat.

Fourteen of the top 30 shares by market value and liquidity increased while 13 declined.

Market supporters included HDBank (HDB) and PV Power (POW), each up more than 4 per cent; steelmaker Hoa Phat Group, up 2.8 per cent; and Mobile World Investment (MWG), Phu Nhuan Jewelry (PNJ), Saigon Securities Inc (SSI) and Refrigeration Electrical Engineering (REE), each up more than 1 per cent.

On the other end of spectrum, some heavyweight stocks slumped and pulled down the market, including Vietcombank (VCB), Vinamilk (VNM), Sabeco (SAB), lender BIDV (BID), VPBank (VPB) and Masan Group.

Nearly 248 million shares worth VND5.24 trillion (US$226 milion) were traded in the morning trade.

Meanwhile, the HNX-Index on the Ha Noi Stock Exchange edged down 0.09 per cent to close the morning trade at 148.26 points with nearly 35 million shares worth VND521 billion being exchanged.

The afternoon trade starts at 1pm.

bizhub



RELATED STOCK CODE (11)

NEWS SAME CATEGORY

VN-Index hits one-year high of 1,000 points

Viet Nam’s benchmark VN-Index closed above 1,000 points for the first time in a year as banks’ growth helped offset the increase of selling pressure.

VN-Index misses 1,000 points as selling mounts

The benchmark VN-Index fell short of reaching 1,000 points on Wednesday afternoon as some large-cap stocks were pulled back by profit-taking pressure.

Shares slide in morning trade

Shares failed to maintain growth on Thursday morning as investors locked in profits in large-cap stocks.

VN stocks extend gains for sixth day on bargain hunting

The rally continued on the Vietnamese stock market as purchasing power increased in the afternoon session to offset market-wide selling pressure.

VN-Index at one-year high of 1,000 points

Viet Nam’s benchmark VN-Index was lifted above the 1,000-point level on Wednesday morning, driven by “Vin” stocks.

Local stocks brought down by selling as VN-Index nears 1,000 points

Vietnamese shares edged down on Tuesday morning as investors began realising their profits after the market’s recent rallies.

Realty stocks are attractive: Experts

Though difficulties caused by COVID-19 were reflected in the business results of listed realty firms, experts are still optimistic about the market.

VN stocks remain upbeat, rally extends for 5th day

Vietnamese shares extended rallies on Monday as material and brokerage firms advanced on strong domestic purchasing power.

VN stocks wobble, few large-caps advance

Vietnamese shares struggled to stay positive on Monday morning, driven by a few large-cap companies.

Shares to correct as VN-Index approaches 1,000 points

The stock market will experience choppy trading this week with strong correction, analysts said.

TRENDING


MOST READ


Back To Top