Rising trade fails to boost local markets
Stocks had a slight slump into the red on both exchanges at the February
25 close, however both markets markedly increased activity.
Stocks had a slight slump into the red on both exchanges at the February
25 close, however both markets markedly increased activity.
The total market turnover increased day-to-day by 64 percent, ending at 2.4 trillion VND (115.3 million USD) with a total volume traded of over 152.8 million shares.
On the Hochiminh Stock Exchange, the VN-Index dropped by 0.72 percent to 592.66 points.
The total market turnover was 1.75 trillion VND (83.3 million USD) with a volume of over 99.2 million shares.
Fluctuating bank shares were again the focus of the trading session and were blamed for the lowering VN-Index score and the VN30-Index score as traders sold more in the market.
Blue chips, the 30 biggest stocks in terms of capitalisation and liquidity had a partly mixed performance.
Of the 30 stocks, decliners outnumbered advancers by 19 to 7, ultimately causing a net decrease in the VN30 Index by 0.76 percent to 619.44 points.
Property developer FLC Group (FLC) remained the most active code, trading over 8.6 million shares at 10,900 VND, a decrease of 3.5 percent.
On the Hanoi Stock Exchange, the HNX-Index fell by 0.84 percent to 85.66 points but remained relatively inactive compared to the VN-Index.
Liquidity reached 668.9 billion VND (31.8 million USD), and over 53.6 million shares were traded.
The HNX30, comprising the northern bourse's 30 stocks, dropped by 1.2 percent to 165.01 points.
Foreign investors purchased a total value of 363.4 billion VND (17.3 million USD) in the two markets, an increase of 76 percent over the previous day.
Foreign investment numbers on the day represented a peak in the market during the last eight weeks.
On the HCM City Stock Exchange, foreign investors represented the bulk of foreign activity with 12 million shares sold at a total of 300 billion VND (14.2 million USD). Foreign purchasers on the Hanoi Stock Exchange accounted for only 42 billion VND (2 million USD) of stock sales.
The net income Vietnamese traders received from foreign investors was 207 billion VND (9.8 million USD); 107.5 billion VND (5.1 million USD) of that went to VN30 Index codes. Foreign investors purchased a net total of 1,245 trillion VND (59.3 million USD) in shares over the last ten days.-VNA
The total market turnover increased day-to-day by 64 percent, ending at 2.4 trillion VND (115.3 million USD) with a total volume traded of over 152.8 million shares.
On the Hochiminh Stock Exchange, the VN-Index dropped by 0.72 percent to 592.66 points.
The total market turnover was 1.75 trillion VND (83.3 million USD) with a volume of over 99.2 million shares.
Fluctuating bank shares were again the focus of the trading session and were blamed for the lowering VN-Index score and the VN30-Index score as traders sold more in the market.
Blue chips, the 30 biggest stocks in terms of capitalisation and liquidity had a partly mixed performance.
Of the 30 stocks, decliners outnumbered advancers by 19 to 7, ultimately causing a net decrease in the VN30 Index by 0.76 percent to 619.44 points.
Property developer FLC Group (FLC) remained the most active code, trading over 8.6 million shares at 10,900 VND, a decrease of 3.5 percent.
On the Hanoi Stock Exchange, the HNX-Index fell by 0.84 percent to 85.66 points but remained relatively inactive compared to the VN-Index.
Liquidity reached 668.9 billion VND (31.8 million USD), and over 53.6 million shares were traded.
The HNX30, comprising the northern bourse's 30 stocks, dropped by 1.2 percent to 165.01 points.
Foreign investors purchased a total value of 363.4 billion VND (17.3 million USD) in the two markets, an increase of 76 percent over the previous day.
Foreign investment numbers on the day represented a peak in the market during the last eight weeks.
On the HCM City Stock Exchange, foreign investors represented the bulk of foreign activity with 12 million shares sold at a total of 300 billion VND (14.2 million USD). Foreign purchasers on the Hanoi Stock Exchange accounted for only 42 billion VND (2 million USD) of stock sales.
The net income Vietnamese traders received from foreign investors was 207 billion VND (9.8 million USD); 107.5 billion VND (5.1 million USD) of that went to VN30 Index codes. Foreign investors purchased a net total of 1,245 trillion VND (59.3 million USD) in shares over the last ten days.-VNA
You should also see
Semiconductor workforce development a breakthrough: PM
Human resources development in semiconductors should be considered a breakthrough in personnel training, Prime Minister Pham Minh Chinh said at a conference in Hanoi on April 24.
See more
Business
Vietnam seeks to remove obstacles in upgrade of securities market
The State Securities Commission of Vietnam (SSC) recently held an online working session with the World Bank (WB) and the Asia Securities Industry and Financial Markets Association (ASIFMA) to discuss ways to remove obstacles related to criteria for upgrading the Vietnamese securities market.
Business
Ca Mau: Conference connects Vietnamese, Chinese firms
A networking conference was held in the Mekong Delta province of Ca Mau on April 24, in a bid to connect 54 local enterprises, mostly operating in the seafood sector, to their Chinese peers.
Business
Mining Vietnam 2024 opens in Hanoi
The 6th International Mining and Minerals Recovery Exhibition for Vietnam (Mining Vietnam 2024) kicked off in Hanoi on April 24.
Business
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Business
Auction for gold bullion to continue on April 25
Another bidding session for 16,800 taels of gold bullion will be held on April 25, the State Bank of Vietnam said in a statement.
