Stock market stages impressive recovery on January 7
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 8.74 points to reach 889.64 points on January 7, the first transaction day of the week.
Illustrative photo (Source: VNA) Hanoi (VNA) – The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 8.74 points to reach 889.64 points on January 7, the first transaction day of the week.
More than 127.54 million shares worth some 2.6 trillion VND (111.8 million USD) were traded on the day, with 195 advancing, 54 unchanged, and 95 declining codes.
Meanwhile, the HNX-Index on the Hanoi Stock Exchange (HNX) increased 1.08 points to reach 101.93 points, with 54.6 million shares valued at over 1.05 trillion VND (45.15 million USD). There were 78 codes rising, 53 remaining flat, and 56 sliding.
In the VN30 basket – which measures the performance of the 30 largest stocks by market capitalisation on the HoSE – up to 24 codes witnessed price hikes, while only three codes dropped.
Stocks like VNM, MSN, HSG, FPT, MWG, PNJ, REE, FPT, and VRE experienced the highest increases, ranging from 1.3-4.8 percent. Price hikes were also seen in most petroleum, bank, and securities shares.
Foreign investors bought 610.073 shares, valued at 10.17 billion VND (437,310 USD) on the HNX, and sold a net 1.9 million shares worth 44.51 billion VND (1.9 million USD) on the HoSE. –VNA
You should also see
📝 OP-ED: Party personnel work requires thorough checks
Officials, Party members, and people are concerned about how the Party will select the leadership capable of shouldering the immense revolutionary tasks entrusted by the history, General Secretary Nguyen Phu Trong said at the first meeting of the sub-committee on personnel affairs of the 14th National Party Congress on March 13.
See more
Business
SBV takes more actions to stabilise foreign exchange rates
The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.
Business
Businesses concerned about rising exchange rate pressure
Though the State Bank of Vietnam (SBV) has announced it is selling the US dollar to intervene in the USD/VND exchange rate since April 19, the greenback price has remained high, which has been directly affecting many domestic enterprises.
Business
Pepper prices continue increase trend
Pepper prices are forecast to soon exceed 100,000 VND per kilo on the domestic market.
Business
French auction house to open office in Vietnam
France’s Millon Auction House has decided to open its representative office in Vietnam, and is preparing necessary steps for the official opening of the office in the near future.
Business
3,400 taels of SJC-branded gold bars successfully auctioned
The State Bank of Vietnam auctioned 16,800 taels of SJC-branded gold bars in Hanoi on April 23. This is the first auction of this kind in 11 years.
