Stocks mixed as earnings data looms
Shares were mixed on the country's two stock exchanges on July 15 as
investors waited for a string of corporate earnings reports.
Shares were mixed on the country's two stock exchanges on July 15 as
investors waited for a string of corporate earnings reports.
On the Ho Chi Minh City Stock Exchange, those falling outnumbered those climbing by 108-82 but the VN-Index still closed in the black, edging up by just 0.02 percent to end at 494.10 points.
Blue chips slowed down in the afternoon, but some kept performing well after overseas investors made a series of purchases including steelmakers Hoa Sen (HSG) and Hoa Phat Group's (HPG), property developer Hoang Anh Gia Lai Corp (HAG) and insurer Bao Viet Holdings (BVH), up from 1.6 percent to 3.5 percent.
HAG was also the most active share on July 15, with 3 million shares changing hands for 21,900 VND (1.05 USD) a share.
The VN30 tracking the top 30 shares, by market capitalisation and liquidity, rose fractionally by 0.06 percent to finish at 548.60 points.
The market's total value was down by 20 percent from the previous session to 953 billion VND (45.4 million USD) with 43.5 million shares traded. However, trading in the top 30 shares accounted for 67 percent of the market's total value.
The HCM City exchange announced that shares in the Phu Nhuan Jewellery Company (PNJ) and the Development Investment Construction Corp (DIG) will be removed from the VN30 basket starting July 22 and that the PetroVietnam General Services Corp (PET) and Pha Lai Thermal Power Co (PPC) will be added in their place.
On the Hanoi Stock Exchange, the HNX-Index slid back by 0.14 percent to close the session at 63.03 points, but the value of most trades remained modest at just 148 billion VND (7 million USD).
Property developer Sacomreal (SCR) continued to be the most active code in the afternoon, with nearly 3.2 million shares changing hands for 7,300 VND each.
Foreign investors were busy on July 15 as buyers on both stock exchanges. They picked up shares worth a total of 39 billion VND (1.9 million USD).-VNA
On the Ho Chi Minh City Stock Exchange, those falling outnumbered those climbing by 108-82 but the VN-Index still closed in the black, edging up by just 0.02 percent to end at 494.10 points.
Blue chips slowed down in the afternoon, but some kept performing well after overseas investors made a series of purchases including steelmakers Hoa Sen (HSG) and Hoa Phat Group's (HPG), property developer Hoang Anh Gia Lai Corp (HAG) and insurer Bao Viet Holdings (BVH), up from 1.6 percent to 3.5 percent.
HAG was also the most active share on July 15, with 3 million shares changing hands for 21,900 VND (1.05 USD) a share.
The VN30 tracking the top 30 shares, by market capitalisation and liquidity, rose fractionally by 0.06 percent to finish at 548.60 points.
The market's total value was down by 20 percent from the previous session to 953 billion VND (45.4 million USD) with 43.5 million shares traded. However, trading in the top 30 shares accounted for 67 percent of the market's total value.
The HCM City exchange announced that shares in the Phu Nhuan Jewellery Company (PNJ) and the Development Investment Construction Corp (DIG) will be removed from the VN30 basket starting July 22 and that the PetroVietnam General Services Corp (PET) and Pha Lai Thermal Power Co (PPC) will be added in their place.
On the Hanoi Stock Exchange, the HNX-Index slid back by 0.14 percent to close the session at 63.03 points, but the value of most trades remained modest at just 148 billion VND (7 million USD).
Property developer Sacomreal (SCR) continued to be the most active code in the afternoon, with nearly 3.2 million shares changing hands for 7,300 VND each.
Foreign investors were busy on July 15 as buyers on both stock exchanges. They picked up shares worth a total of 39 billion VND (1.9 million USD).-VNA
You should also see
PM attends ceremony to start work on Him Lam resistance centre renovation project
Prime Minister Pham Minh Chinh on April 17 attended a ceremony to start work on a project to renovate Him Lam resistance centre, a part of the Dien Bien Phu complex of fortifications in the northern mountainous province of Dien Bien.
See more
Business
Forum discusses support for women-owned firms to join supply chains
A forum on supporting women-owned businesses to join supply chains through sustainable development tools took place in Hanoi on April 17.
Business
Satisfaction of administrative services improves
Vietnamese citizens had greater satisfaction with the administrative services provided by State agencies last year, according to the Satisfaction Index of Public Administration Services (SIPAS) 2023 announced by the Ministry of Home Affairs (MoHA) on April 17.
Business
Petrol prices increase slightly on April 17
The retail prices of petrol were adjusted up from 3pm on April 17 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Central Highlands provinces seek closer trade, investment ties with India
A business and investment conference was held in Dak Lak province’s Buon Ma Thuot city on April 17 with the aim of enhancing connectivity between Indian firms and Central Highlands provinces.
Business
Foreign purchasers show interest in five product groups of Vietnam
Foreign hypermarkets, retail distributors and international buying group registering to join the Vietnam International Sourcing 2024 have shown interest in five groups of Vietnamese products, namely foodstuff, textiles and fashion accessories; shoes, backpacks, bags and accessories; sporting goods and equipment; and household appliances and furniture.
