Market stalls on heavy profit-taking
Accelerated profit-taking on the HCM
Stock Exchange on Sept. 28 held the VN-Index largely in place by the
end of the day’s trading.
Accelerated profit-taking on the HCM
Stock Exchange on Sept. 28 held the VN-Index largely in place by the
end of the day’s trading.
The Index closed off just 0.14 percent to 582.02 points.
Market volume, meanwhile, remained heavy, at 71.3 million shares, worth a total of 3.5 trillion VND (196.6 million USD).
On the Hanoi Stock Exchange, the HNX-Index closed up on Sept. 29 by just over half-a-percent to end the session at 184.43.
About 36.7 million shares changed hands on the northern market, worth a total of 1.56 trillion VND (87.15 million USD), with Kim Long Securities reported as the most-active stock on a volume of 3.9 million shares.
Foreign investors continued to be net sellers on both exchanges on Sept. 28, with a combined net volume of 1.7 million shares, but SSI analysts predicted foreign investor sales would decline this week, assisting market growth.
They also expected the market to follow the typical pattern of gaining session at the end of a fiscal quarter./.
The Index closed off just 0.14 percent to 582.02 points.
Market volume, meanwhile, remained heavy, at 71.3 million shares, worth a total of 3.5 trillion VND (196.6 million USD).
On the Hanoi Stock Exchange, the HNX-Index closed up on Sept. 29 by just over half-a-percent to end the session at 184.43.
About 36.7 million shares changed hands on the northern market, worth a total of 1.56 trillion VND (87.15 million USD), with Kim Long Securities reported as the most-active stock on a volume of 3.9 million shares.
Foreign investors continued to be net sellers on both exchanges on Sept. 28, with a combined net volume of 1.7 million shares, but SSI analysts predicted foreign investor sales would decline this week, assisting market growth.
They also expected the market to follow the typical pattern of gaining session at the end of a fiscal quarter./.
You should also see
Energy industry needs nearly 5 trillion VND of investment in 2021-2030
The total investment capital demand for the whole energy sector in the 2021-2030 period is between 4.13-4.8 trillion VND (163.01-189.46 million USD), according to a plan to implement the National Power Planning in the 2021-2030 period with a vision to 2050.
See more
Business
Investor confidence gains traction on improved business climate
Better investment climate, with simplified administrative producers and special incentives, has helped improve investor confidence, thus catalysing investments from a wider pook of both domestic and international investors for socio-economic development.
Business
Vietnam’s rice exports may exceed 2024 target
With positive results recorded so far, Vietnam can exceed its target of 7.6 million tonnes in rice export volume set for 2024, Nguyen Ngoc Nam, Chairman of the Vietnam Food Association, said at a conference in the Mekong Delta city of Can Tho on April 26.
Business
Ample room for Quang Ninh to attract FDI
The northeastern province of Quang Ninh has ample room to attract foreign direct investment (FDI) and realise the goal of attracting 3 billion USD in FDI this year and 10 billion USD in the 2020-2025 period.
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
