Shares struggle on rising Covid cases, VN-Index keeps rising

May 6th at 13:25
06-05-2021 13:25:08+07:00

Shares struggle on rising Covid cases, VN-Index keeps rising

Vietnamese stocks struggled in volatile markets on Thursday morning with sentiment hit by increasing COVID-19 cases nationwide, but VN-Index managed to increase.

 

On the Ho Chi Minh stock Exchange (HoSE), the VN-Index closed at 1,257.52 points, up 0.09 per cent. The market breadth turned neutral with 203 stocks jumping while 195 stocks declined.

The market liquidity was low as nearly 398.4 million shares were traded on HoSE, worth over VND11 trillion.

The 30 biggest stocks tracker, VN30-Index, rose 0.19 per cent to 1,349.42 points.

Of the VN30 basket, 19 stocks increased while only nine decreased.

Many big stocks from banking sectors increased this morning such as Techcombank (TCB), VPBank (VPBB), MBBank (MBB), and Sacombank (STB).

On the Ha Noi stock Exchange (HNX), the HNX-Index also rose 0.08 per cent to 283.17 points.

bizhub



RELATED STOCK CODE (3)

NEWS SAME CATEGORY

Bank stocks help VN-Index maintain growth momentum

Bank stocks performed positively on the Hochiminh Stock Exchange and helped the benchmark VN-Index maintain growth momentum, adding 14.23 points, or 1.15%, from the...

MoF says no to increasing board lot before incoming stock trading system upgrade

The Ministry of Finance (MoF) does not support the Ho Chi Minh City Stock Exchange's proposal to raise the board lot size to 1,000 while an infrastructure upgrade...

Shares mixed on resurgence of COVID-19

The stock market closed the first session of May on a mixed note as the growth of banking shares rescued the VN-Index from a fall while the HNX-Index slumped due to...

Securities firms set high profit targets for 2021 on positive stock market

As the market benchmark VN-Index broke the psychological level of 1,200 points, along with many positive outlooks about the market, securities firms set big growth...

Share issuance value surges as businesses expand

The share issuance value of listed companies as of mid-April this year was more than 1.6 times that of 2020 as businesses seek to expand operations.

Shares decline on selling pressure

Việt Nam's stock market declined on Tuesday morning as investors sold large-cap stocks.

Analysts split on market trends this week

Viet Nam’s stock market recorded strong fluctuations last week, but the VN-Index still gained overall.

Mixed view on stock market trend after four-day break

Positive sentiment among investors led to the expansion of three consecutive trading sessions by 20 points before the break, leading to the Vn-Index standing at...

Foreign stock market investors pull out on lack of dotcom companies: fund manager

The lack of big digital economy companies is one of the reasons why foreign investors have been exiting the Vietnamese stock market, according to Dragon Capital.

VN-Index inches higher, foreign investors flee from market before long holiday

Shares ended mixed Thursday with the VN-Index continuing its upward trend on bank stocks while foreign investors fled from the market.

TRENDING


MOST READ


Back To Top