Shares gain on both bourses
Shares closed higher on both the national stock exchanges on April 8.
Shares closed higher on both the national stock exchanges on April 8.
The market was closed on April 9 on account of public holiday and resumed operations on April 10.
On the Hochiminh Stock Exchange, the VN-Index ended 0.45 percent higher to close at 603.25 points, and nearly 127.5 million shares were traded during the day.
The total trading value reached 2.4 trillion VND (114.3 million USD), roughly similar to that noted during the previous trading session.
The market witnessed gains and losses on April 8, as investors maintained a cautious stance and were hesitant to inject capital.
Large-cap stocks did not play the role of market pillars on April 8, with the VN30-Index, tracking the southern bourse's largest stocks by capitalisation and liquidity, dropping 0.14 percent to reach 672.06 points, although the gainers outnumbered losers by 13-9.
Losses from real estate giant,Vingroup (VIC) and milk producer, Vinamilk (VNM) dragged down the benchmark index on April 8, as they lost 2,000 VND (0.097 USD) and 1,000 VND (0.048 USD) per share respectively.
Other losers were PetroVietnam Low Pressure Gas Distribution (PGD), Hoa Phat Group (HPG), and Kinh Do Corporation (KDC).
Meanwhile, technology giant FPT Group (FPT), Masan Group (MSN), and PetroVietnam Drilling Corporation (PVD) posted gains on April 8.
Overall, 123 codes managed to advance on April 8, while 91 others lost values.
On April 8, the Tan Tao Group (ITA) continued to lead the bourse by trading value with 8.86 million shares changing hands.
On the Hanoi Stock Exchange, the HNX-Index added 0.51 points, or as much as 0.58 percent, to end the day at 87.82 points, while the HNXFF-Index, composed of stocks with minimum free float rate of 5 percent, rose by 0.66 percent to close at 89.27 points.
With 73 million shares changing hands, the total trading value reached 896 billion VND (42 million USD).
Tracking the capital city's top 30 stocks, the HNX30-Index jumped 2.38 percent to end at 183.84 points.
According to FPT Securities, although several speculative stocks saw ample trading, but blue chip stocks remained the main target of investors. As a result, the market was largely dependent on the fluctuations in large-cap stocks. FPT Securities advised investors to remain cautious as the market gain lacked stability.-VNA
The market was closed on April 9 on account of public holiday and resumed operations on April 10.
On the Hochiminh Stock Exchange, the VN-Index ended 0.45 percent higher to close at 603.25 points, and nearly 127.5 million shares were traded during the day.
The total trading value reached 2.4 trillion VND (114.3 million USD), roughly similar to that noted during the previous trading session.
The market witnessed gains and losses on April 8, as investors maintained a cautious stance and were hesitant to inject capital.
Large-cap stocks did not play the role of market pillars on April 8, with the VN30-Index, tracking the southern bourse's largest stocks by capitalisation and liquidity, dropping 0.14 percent to reach 672.06 points, although the gainers outnumbered losers by 13-9.
Losses from real estate giant,Vingroup (VIC) and milk producer, Vinamilk (VNM) dragged down the benchmark index on April 8, as they lost 2,000 VND (0.097 USD) and 1,000 VND (0.048 USD) per share respectively.
Other losers were PetroVietnam Low Pressure Gas Distribution (PGD), Hoa Phat Group (HPG), and Kinh Do Corporation (KDC).
Meanwhile, technology giant FPT Group (FPT), Masan Group (MSN), and PetroVietnam Drilling Corporation (PVD) posted gains on April 8.
Overall, 123 codes managed to advance on April 8, while 91 others lost values.
On April 8, the Tan Tao Group (ITA) continued to lead the bourse by trading value with 8.86 million shares changing hands.
On the Hanoi Stock Exchange, the HNX-Index added 0.51 points, or as much as 0.58 percent, to end the day at 87.82 points, while the HNXFF-Index, composed of stocks with minimum free float rate of 5 percent, rose by 0.66 percent to close at 89.27 points.
With 73 million shares changing hands, the total trading value reached 896 billion VND (42 million USD).
Tracking the capital city's top 30 stocks, the HNX30-Index jumped 2.38 percent to end at 183.84 points.
According to FPT Securities, although several speculative stocks saw ample trading, but blue chip stocks remained the main target of investors. As a result, the market was largely dependent on the fluctuations in large-cap stocks. FPT Securities advised investors to remain cautious as the market gain lacked stability.-VNA
You should also see
Strategic breakthroughs and turning points for victory day
The strategically significant victory of the Central Highlands Campaign followed by the rapid and resounding success of the Hue-Da Nang offensive in March 1975 fundamentally altered the situation of the liberation war, creating a pivotal turning point and ensuring conditions for a definitive victory in the historic Ho Chi Minh Campaign, which fully liberated the South and unified the country.
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).
