Shares up as manufacturing brightens
Green returned to the electronic board on both exchanges on December 1, following the light of the manufacturing sector.
Green returned to the electronic board on both exchanges on December 1, following the light of the manufacturing sector.
HSBC Vietnam announced on December 1 that the Vietnam Manufacturing Purchasing Managers' Index regained momentum in November, rising 1.1 points to 52.1 as output and new orders rose at faster rates.
On the Hochiminh Stock Exchange, the VN-Index added 0.25 percent to 568.01 points. The VN30 Index, tracking the 30 largest blue chips, also advanced 0.54 percent to 614.44 points.
Gainers overwhelmed losers 16 to 10. Insurer Bao Viet (BVH), Phu My Fertiliser (DPM) and Eximbank (EIB) were among the top advancers, rising between 3.6-5.1 percent.
Commercial baker Kinh Do (KDC) tumbled the most, losing 3.8 percent. The confectionery company told shareholders on November 1 that it would focus on expanding size rather than profit during the next couple of years.
The total value and volume of transactions on the bourse reached 2.2 trillion VND (103.28 million USD) and over 123.8 million shares.
On the Hanoi Stock Exchange, the HNX-Index failed to maintain its earlier increase and declined 0.14 percent, closing at 87.45 points. The HNX30 Index fell 0.42 percent, finishing the session at 174.46 points.
Trading value slightly decreased over the previous session to 943.7 billion VND (44.3 million USD) on a volume of 59.1 million shares.
Foreign investors concluded as sellers in both cities, unloading 157.5 billion VND (7.4 million USD) worth of shares. Selling focused on two energy stocks: PetroVietnam Drilling Services (PVD) and PetroVietnam Technical Services (PVS). Net sales of PVD totalled 85.7 billion VND (4 million USD), while PVS saw a record value within the past 50 sessions of 47.2 billion VND (2.2 million USD).-VNA
HSBC Vietnam announced on December 1 that the Vietnam Manufacturing Purchasing Managers' Index regained momentum in November, rising 1.1 points to 52.1 as output and new orders rose at faster rates.
On the Hochiminh Stock Exchange, the VN-Index added 0.25 percent to 568.01 points. The VN30 Index, tracking the 30 largest blue chips, also advanced 0.54 percent to 614.44 points.
Gainers overwhelmed losers 16 to 10. Insurer Bao Viet (BVH), Phu My Fertiliser (DPM) and Eximbank (EIB) were among the top advancers, rising between 3.6-5.1 percent.
Commercial baker Kinh Do (KDC) tumbled the most, losing 3.8 percent. The confectionery company told shareholders on November 1 that it would focus on expanding size rather than profit during the next couple of years.
The total value and volume of transactions on the bourse reached 2.2 trillion VND (103.28 million USD) and over 123.8 million shares.
On the Hanoi Stock Exchange, the HNX-Index failed to maintain its earlier increase and declined 0.14 percent, closing at 87.45 points. The HNX30 Index fell 0.42 percent, finishing the session at 174.46 points.
Trading value slightly decreased over the previous session to 943.7 billion VND (44.3 million USD) on a volume of 59.1 million shares.
Foreign investors concluded as sellers in both cities, unloading 157.5 billion VND (7.4 million USD) worth of shares. Selling focused on two energy stocks: PetroVietnam Drilling Services (PVD) and PetroVietnam Technical Services (PVS). Net sales of PVD totalled 85.7 billion VND (4 million USD), while PVS saw a record value within the past 50 sessions of 47.2 billion VND (2.2 million USD).-VNA
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