Vietnamplus

VN Index recovered and exceeded 1,170 points on April 12 after a nosedive of over 31 points on the previous day.

The VN-Index on the Ho Chi Minh Stock Exchange (HOSE) continued the upward trend on April 6 when it gained nearly 7 points to move closer to the 1,200 point benchmark.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 3.25 points to close at 1,191.54 points on April 4.

The VN-index lost over 30 points on the Ho Chi Minh Stock Exchange (HOSE) as a large number of shares were traded in the morning of March 23.

Vietnam’s benchmark VN Index marginally surpassed the record high of 1,170 points on March 22 as energy stocks remained upbeat and insurers and agriculture firms performed strongly as well.

The VN-Index on the Ho Chi Minh Stock Exchange (HOSE) on March 21 increased for three consecutive days to reach 1,170 points, up nearly 10 points over the previous day.

The VN-Index failed to hit the threshold 1,160 points after the stock market experienced loads of selling transactions late on March 20.

Although the stock market experienced vibrant transactions with total value of nearly 8.36 trillion VND (USD) on both bourses on March 14, the VN-Index of the Ho Chi Minh Stock Exchange (HOSE) failed to hit the threshold of 1,140 points.

Vietnam’s benchmark VN-Index is forecast to struggle due to uncertain market sentiment this week, with eyes on the two exchange-traded funds (ETFs) set to finish reviewing their portfolios on March 16.

The VN-Index dropped 8.03 points to settle at 1,112.26 points on March 7 despite a rise in the morning session.

Trading of shares of the PetroVietnam Oil Corporation (PV Oil), Vietnam's second largest petrol distributor, officially started on the Unlisted Public Company Market (UpCOM) on the morning of March 7, more than one month after its initial public offering (IPO).

Vietnamese shares recovered on March 6 as blue chips performed well on bottom-fishing following the previous sharp falls.

Following the successful IPO in January, PetroVietnam Power Corporation (PV Power) started trading its shares on the Unlisted Public Company Market (UPCoM) on March 6.

Although the VN-Index didn’t hit the short-term target of 1,130 points last week as expected, it has nevertheless maintained its upward trend and is forecast to open next week’s session with positive status.

Shares recovered solidly after falling sharply in the morning session on March 2 as cash poured into the real estate sector.

Shares rose for the fourth consecutive day on February 28 on the HCM City Stock Exchange, largely on the strength of a handful of banking and energy blue-chips.

A huge purchase of banking shares in the final minutes of the February 27 session on the local stock exchanges drove shares up, after a brief fall at the beginning of the session.

Binh Son Refining and Petrochemical Company (BSR) will trade shares on the Unlisted Public Company Market (UPCoM) with code BSR on March 1.

Binh Son Refining and Petrochemical Company (BSR) will trade shares on the Unlisted Public Company Market (UPCoM) with code BSR on March 1.

Vietnamese stocks are expected to rise further with the benchmark VN-Index forecast to surpass its all-time peak of 1,170 in 2007 on rising investor confidence in the market outlook, analysts said.