Shares rise on interest rate hopes
Stocks on the HCM Stock Exchange finally succeeded in holding gains
after a topsy-turvy session on Dec. 4 which saw the VN-Index close at
382.10 points, an increase of 0.75 percent over the previous session.
Stocks on the HCM Stock Exchange finally succeeded in holding gains
after a topsy-turvy session on Dec. 4 which saw the VN-Index close at
382.10 points, an increase of 0.75 percent over the previous session.
Trading value rose 17.8 percent to 382.3 billion VND (18.2 million USD) as around 29.9 million shares changed hands.
Among nearly 140 advancers on the southern bourse, 14 were large-caps tracked by the VN30 Index. The VN30 rose by 0.5 percent to conclude the session at 448.02 points. However, major stocks like Vietinbank (CTG), Phu My Fertilisers (DPM), PetroVietnam Drilling Services (PVD), property developer Vingroup (VIC) and Vinh Son-Song Hinh Hydropower (VSH) closed down between 0.7-1.6 percent.
On the Hanoi Stock Exchange, the HNX-Index added 0.88 percent, reaching 51.49 points. The value of trades soared by 73 percent to 147.5 billion VND (7 million USD) on a volume of 26.8 million shares.
The HNX30, representing the Hanoi exchange's top stocks, also improved by 1.77 percent to close at 94.01 points.
Foreign investors were buyers in HCM City during the day by a margin of 24.6 billion VND (1.1 million USD) but ended the day as sellers in Hanoi by 3.5 billion VND (166,600 USD).-VNA
Trading value rose 17.8 percent to 382.3 billion VND (18.2 million USD) as around 29.9 million shares changed hands.
Among nearly 140 advancers on the southern bourse, 14 were large-caps tracked by the VN30 Index. The VN30 rose by 0.5 percent to conclude the session at 448.02 points. However, major stocks like Vietinbank (CTG), Phu My Fertilisers (DPM), PetroVietnam Drilling Services (PVD), property developer Vingroup (VIC) and Vinh Son-Song Hinh Hydropower (VSH) closed down between 0.7-1.6 percent.
On the Hanoi Stock Exchange, the HNX-Index added 0.88 percent, reaching 51.49 points. The value of trades soared by 73 percent to 147.5 billion VND (7 million USD) on a volume of 26.8 million shares.
The HNX30, representing the Hanoi exchange's top stocks, also improved by 1.77 percent to close at 94.01 points.
Foreign investors were buyers in HCM City during the day by a margin of 24.6 billion VND (1.1 million USD) but ended the day as sellers in Hanoi by 3.5 billion VND (166,600 USD).-VNA
You should also see
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 pool of both domestic and international investors for socio-economic development.
See more
Business
Remittance inflows expected to quench real estate sector’s thirst for capital: Experts
Amid a “thirst” for capital of real estate businesses, the strong inflow of remittances is expected to heat up the market again, held insiders.
Business
Dong Nai province ready to ride Japanese investment wave
The southern province of Dong Nai stands ready to prepare the best conditions to welcome investors, especially those from Japan, Secretary of the provincial Party Committee Nguyen Hong Linh said on April 24.
Business
Airlines requested to increase flights during upcoming holiday
The Civil Aviation Authority of Vietnam (CAAV) has asked Vietnam's airlines to consider increasing the number of flights from Hanoi and HCM City to localities on April 27, and from localities back to Hanoi and HCM City on May 1 to meet the demand for air transportation during the April 30 - May 1 holidays.
Business
Tra fish export to UAE jumps 67% in Q1
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, according to statistics of the General Department of Customs.
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.
