Liquidity high as shares tumble
Accelerated selling in the afternoon dragged down the benchmark indices
on the Ho Chi Minh City Exchange, even as liquidity climbed to a new
high on December 20.
Accelerated selling in the afternoon dragged down the benchmark indices
on the Ho Chi Minh City Exchange, even as liquidity climbed to a new
high on December 20.
Meanwhile, the VN-Index on the southern bourse tumbled 0.36 percent to 504.45 points.
The total trading value was more than double that of December 19, reaching 3.039 trillion VND (144.7 million USD) on the exchange of 142.42 million shares.
Red colouring spread throughout the electric board, with 120 stocks losing, in comparison to 96 gainers.
Also, the VN30-Index, tracking the southern city's 30 largest shares by capitalisation and liquidity, shed 0.86 percent to 560.68 points.
Of those, only Masan Group (MSN) managed to increase 2,000 VND (0.095 USD) per share to 87,000 VND (4.1 USD) thanks to the buying by foreign investors.
Nineteen stocks declined yesterday, including big names such as insurance company Bao Viet Group (BVH), Hoang Anh Gia Lai (HAG), Hoa Phat Group (HPG), Hoa Sen Group (HSG), Kinh Do (KDC), PetroVietnam Drilling (PVD), PetroVietnam Transportation (PVT) and Vietcombank (VCB).
Notably, real estate giant Vingroup (VIC) lost 4,000 VND (0.19 USD) per share to 66,000 VND (3.14 USD).
Selling jumped during the final minutes of the afternoon's session, as transactions boomed, pushing liquidity to a new high.
The northern bourse also witnessed a record high in liquidity on December 20, with 91 million shares traded with a total value of 615.14 billion VND (29.29 million USD), 28 percent and 7 percent higher than the previous day, respectively.
The HNX-Index lost 0.18 percent to 67.5 points and the HNXFF-Index, composed of stocks with a minimum free float rate of 5 percent, decreased 0.31 percent to 67.5 points.
The HNX30-Index, composed of the bourse's largest shares, shed 0.78 percent to 128.03 percent.
December 20 was the last day for the two exchange-traded funds (ETF) to restructure their investment lists. The new lists will become active on December24.-VNA
Meanwhile, the VN-Index on the southern bourse tumbled 0.36 percent to 504.45 points.
The total trading value was more than double that of December 19, reaching 3.039 trillion VND (144.7 million USD) on the exchange of 142.42 million shares.
Red colouring spread throughout the electric board, with 120 stocks losing, in comparison to 96 gainers.
Also, the VN30-Index, tracking the southern city's 30 largest shares by capitalisation and liquidity, shed 0.86 percent to 560.68 points.
Of those, only Masan Group (MSN) managed to increase 2,000 VND (0.095 USD) per share to 87,000 VND (4.1 USD) thanks to the buying by foreign investors.
Nineteen stocks declined yesterday, including big names such as insurance company Bao Viet Group (BVH), Hoang Anh Gia Lai (HAG), Hoa Phat Group (HPG), Hoa Sen Group (HSG), Kinh Do (KDC), PetroVietnam Drilling (PVD), PetroVietnam Transportation (PVT) and Vietcombank (VCB).
Notably, real estate giant Vingroup (VIC) lost 4,000 VND (0.19 USD) per share to 66,000 VND (3.14 USD).
Selling jumped during the final minutes of the afternoon's session, as transactions boomed, pushing liquidity to a new high.
The northern bourse also witnessed a record high in liquidity on December 20, with 91 million shares traded with a total value of 615.14 billion VND (29.29 million USD), 28 percent and 7 percent higher than the previous day, respectively.
The HNX-Index lost 0.18 percent to 67.5 points and the HNXFF-Index, composed of stocks with a minimum free float rate of 5 percent, decreased 0.31 percent to 67.5 points.
The HNX30-Index, composed of the bourse's largest shares, shed 0.78 percent to 128.03 percent.
December 20 was the last day for the two exchange-traded funds (ETF) to restructure their investment lists. The new lists will become active on December24.-VNA
You should also see
Vietnamese Deputy PM, Venezuelan President hold talks
Vietnamese Deputy Prime Minister Tran Luu Quang held talks with President of Venezuela Nicolás Maduro Moros in Caracas on April 18, as part of his ongoing official visit to the Latin American country.
See more
Videos
Foreign investment driven towards new breakthrough phase
Vietnam has so far drawn nearly 500 billion USD in registered FDI capital after nearly four decades of opening up its economy, with investment quality improvement considered a key task for a new breakthrough phase ahead.
Business
Quang Ninh attracts additional 115 million USD from Japan investors
The Quang Ninh Economic Zone Authority (QEZA) presented investment certificates to two Japanese projects worth 115 million USD in total at a conference held at Song Khoai Industrial Park (IP) on April 19.
Business
Central bank plans to auction gold bars on April 22
The State Bank of Vietnam (SBV) will auction SJC-branded gold bars on April 22, a representative of the central bank said on April 19.
Business
Hanoi to host Vietnam Medipharm Expo 2024
The 31st Vietnam International Medical and Pharmaceutical Exhibition (Vietnam Medipharm Expo 2024) is scheduled to take place in Hanoi from May 9 to 12, an official of the Ministry of Health (MoH) told a press conference on April 19.
Business
Japan's Takashimaya plans to expand investment in Vietnam
Takashimaya, a Japanese operator of upscale department stores, plans to open a shopping centre in Hanoi in 2026 that will be the company's first new location abroad in eight years, Japanese newspaper Nikkei reported.
