Bourses rebalance, benchmark indices expected
Shares on November 19 reversed the upward trend of previous trading day,
closing on a low note on both national stock exchanges.
Shares on November 19 reversed the upward trend of previous trading day,
closing on a low note on both national stock exchanges.
On the Ho Chi Minh City Stock Exchange, the VN-Index tumbled 0.35 percent to reach 504.71 points. The market lost its buoyancy with lower trading volume and value, 21 and 18 percent lower than November 18, respectively.
The total trading value reached 1.194 trillion VND (56.85 million USD) out of a volume of 96.54 million shares.
The VN30-Index, tracking the southern hub's top shares in capitalisation and liquidity, also lost 0.08 percent falling to 564.89 points. Losses outnumbered gainers by 10-8.
Vingroup (VIC) which earned 1,000 VND (0.048 USD) per share to 68,000 VND (3.23 USD) and Hoa Sen Group (HSG) increased 1.5 percent to 41,500 VND (1.97 USD) per share.
PetroVietnam Low Pressure Gas Distribution (PGD), Pha Lai Thermoelectric Plant (PPC), Ocean Group (OGC), FPT Group (FPT) each rose 200 VND (0.0095 USD) per share and logistics company Gemadept (GMD) and Ree Corporation (REE) were valued 100 VND (0.0048 USD) higher.
Losers included big names like Vietcombank (VCB), Kinh Do (KDC), Hoa Phat (HPG) and Hoang Anh Gia Lai (HAG). Overall, 120 coded in the southern bourse managed to increase while 84 lost on November 19.
On the Hanoi Stock Exchange, the HNX-Index was 0.06 percent lower than November 18, finishing at 64.36 points, with more than 39.64 million shares traded, the total value reached 305.87 billion VND (14.56 million USD).
The HNX30-Index, composed of the capital city's top shares, increased 0.1 percent to 122.61 points.
However, despite the overall declines on November 19, FPT Securities reserved optimism for the market.
The November 19 cash flow targetted shares with good business results in the third quarter, reflecting expectations of investors for the last quarter.
According to the Vietnam Investment Securities, slight increases in the benchmark indices will come with a boom of liquidity.-VNA
On the Ho Chi Minh City Stock Exchange, the VN-Index tumbled 0.35 percent to reach 504.71 points. The market lost its buoyancy with lower trading volume and value, 21 and 18 percent lower than November 18, respectively.
The total trading value reached 1.194 trillion VND (56.85 million USD) out of a volume of 96.54 million shares.
The VN30-Index, tracking the southern hub's top shares in capitalisation and liquidity, also lost 0.08 percent falling to 564.89 points. Losses outnumbered gainers by 10-8.
Vingroup (VIC) which earned 1,000 VND (0.048 USD) per share to 68,000 VND (3.23 USD) and Hoa Sen Group (HSG) increased 1.5 percent to 41,500 VND (1.97 USD) per share.
PetroVietnam Low Pressure Gas Distribution (PGD), Pha Lai Thermoelectric Plant (PPC), Ocean Group (OGC), FPT Group (FPT) each rose 200 VND (0.0095 USD) per share and logistics company Gemadept (GMD) and Ree Corporation (REE) were valued 100 VND (0.0048 USD) higher.
Losers included big names like Vietcombank (VCB), Kinh Do (KDC), Hoa Phat (HPG) and Hoang Anh Gia Lai (HAG). Overall, 120 coded in the southern bourse managed to increase while 84 lost on November 19.
On the Hanoi Stock Exchange, the HNX-Index was 0.06 percent lower than November 18, finishing at 64.36 points, with more than 39.64 million shares traded, the total value reached 305.87 billion VND (14.56 million USD).
The HNX30-Index, composed of the capital city's top shares, increased 0.1 percent to 122.61 points.
However, despite the overall declines on November 19, FPT Securities reserved optimism for the market.
The November 19 cash flow targetted shares with good business results in the third quarter, reflecting expectations of investors for the last quarter.
According to the Vietnam Investment Securities, slight increases in the benchmark indices will come with a boom of liquidity.-VNA
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