Both bourses rebound slightly
The VN-Index on the Ho Chi Minh City Stock Exchange ended the week on a
high, helping to trim this week's losses caused by stolid trading as
risk appetites evaporated in a lacklustre market bereft of stimulating
news.
The VN-Index on the Ho Chi Minh City Stock Exchange ended the week on a
high, helping to trim this week's losses caused by stolid trading as
risk appetites evaporated in a lacklustre market bereft of stimulating
news.
The stock market underwent another day of boring trading on September 13 and most stocks hovered around their reference prices, according to FPT Securities.
The VN-Index on the southern bourse added 0.17 percent to end on 476.42 points.
The southern market was barely positive, with 92 stocks gaining, 86 falling and 88 holding steady, while 40 stocks were left untraded.
The VN30-Index, monitoring the top 30 flagship shares was static slipping 0.01 percent to 531.21 points. Among its 30 members, nine stocks advanced, six declined, and 15 were unmoved.
Market volume was down 10 percent from the previous day to 29 million shares, while fund certificates crept up slightly to be worth 475 billion VND.
PetroVietnam Transportation (PVT), the most active code with 2.2 million shares changing hands, rallied 2.86 percent to end at 7,200 VND.
Ocean Group (OGC), came second in terms of market volume with 1.8 million shares traded to close at 8,800 VND per share.
At the end of the session, 20 stocks were being traded at the lower limit, which was recently capped at 7 percent by market regulators.
Bao Viet Securities analysts said in the short-term period, the market may be swayed with a clear differentiation between stocks.
Investors were warned to keep a low ratio of shares and await market developments.
FPTS Securities stock analysts said that low liquidity would become a big concern if did not improve soon.
Stocks on the Hanoi Stock Exchange closed slightly higher on September 13 to narrow this week's fall as big stocks gained ground on another sluggish day of trading with liquidity continuing to decline.
Traders remained indifferent to equity assets against the backdrop of an uncertain market outlook.
The slight upturn was fuelled by a blue chip rally.
Meanwhile, the HNX-Index rose 0.26 percent to end the day at 60.18 points. The gauge slipped 0.44 percent this week but has still risen 5.4 percent since the start of the year./
The stock market underwent another day of boring trading on September 13 and most stocks hovered around their reference prices, according to FPT Securities.
The VN-Index on the southern bourse added 0.17 percent to end on 476.42 points.
The southern market was barely positive, with 92 stocks gaining, 86 falling and 88 holding steady, while 40 stocks were left untraded.
The VN30-Index, monitoring the top 30 flagship shares was static slipping 0.01 percent to 531.21 points. Among its 30 members, nine stocks advanced, six declined, and 15 were unmoved.
Market volume was down 10 percent from the previous day to 29 million shares, while fund certificates crept up slightly to be worth 475 billion VND.
PetroVietnam Transportation (PVT), the most active code with 2.2 million shares changing hands, rallied 2.86 percent to end at 7,200 VND.
Ocean Group (OGC), came second in terms of market volume with 1.8 million shares traded to close at 8,800 VND per share.
At the end of the session, 20 stocks were being traded at the lower limit, which was recently capped at 7 percent by market regulators.
Bao Viet Securities analysts said in the short-term period, the market may be swayed with a clear differentiation between stocks.
Investors were warned to keep a low ratio of shares and await market developments.
FPTS Securities stock analysts said that low liquidity would become a big concern if did not improve soon.
Stocks on the Hanoi Stock Exchange closed slightly higher on September 13 to narrow this week's fall as big stocks gained ground on another sluggish day of trading with liquidity continuing to decline.
Traders remained indifferent to equity assets against the backdrop of an uncertain market outlook.
The slight upturn was fuelled by a blue chip rally.
Meanwhile, the HNX-Index rose 0.26 percent to end the day at 60.18 points. The gauge slipped 0.44 percent this week but has still risen 5.4 percent since the start of the year./
You should also see
Localities get ready for fourth FDI boom
As the year 2024 is expected to witness the start of the fourth wave of foreign direct investment (FDI) to Vietnam, localities nationwide are getting ready to absorb foreign capital flows.
See more
Business
Vietjet adds more flights to Dien Bien
To meet the rising demands to visit Dien Bien of people and tourists during the celebration of the 70th anniversary of the Dien Bien Phu victory, Vietjet increased the frequencies of flights between Hanoi, Ho Chi Minh City and the northwestern province to 28 per week.
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
