Vietnamplus

Vietnamese shares advanced on August 22 despite investors’ profit-taking as overall market sentiment remained positive about the possibility of resolving China-US trade tensions.

Shares on the Ho Chi Minh Stock Exchange (HoSE) slightly increased on August 20 thanks to the strong surge of heavyweight stocks.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) dropped 16.9 points to settle at 961.37 points on August 15, with over 188.9 million shares changed hands at a value of over 4.45 trillion VND (191.3 million USD).

Vietnamese shares ended on August 10 on a positive note, driven by financial-banking and energy sectors as confidence was boosted by news on State capital divestment from State-owned businesses.

Vietnamese shares fell on August 9 as strong selling pressure weighed down large-cap stocks and listed firms suffered from negative news of the macro-economy.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 0.63 point to 960.23 points on August 6.

Vietnam’s benchmark VN-Index fell after a four-day rally, dragged down by financial-banking, retail and agricultural stocks.

The benchmark VN-Index of the Ho Chi Minh Stock Exchange (HOSE) rose 3.35 points to close at 936.74 points on July 23.

Vietnamese shares rose on both the northern and southern local exchanges on July 16 as more cash was poured into the banking sector.

The derivatives market has grown strongly over the last three months as investors switch from stocks to derivatives to avoid short-term risks on the stock market.

Shares plummeted on July 3 as strong selling pressure pushed the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) and the HNX-Index on the Hanoi Exchange (HNX) to hit rock bottom in 2018.

The benchmark VN-Index fell 13.63 points from the previous trading day to 947.15 points on July 2 when only 62 stocks saw price hikes and 237 others fell.

Morgan Stanley Capital International (MSCI) has decided to hold Vietnam’s status in the equity market in the Frontier Markets Index until 2019.

Shares closed the June 21 session in the red on both local stock exchanges as the selling pressure had been dominating since the beginning of morning session, despite the positive performance recorded on the previous day.

Shares declined as the downward trend on the previous day continued, forcing the benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) to lose 25.18 points to close at 962.16 points on June 19.

Vietnam’s benchmark VN-Index on Ho Chi Minh Stock Exchange (HOSE) gained by 0.01 point to end at 1,039.02 points on June 11.

Forbes Vietnam has announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) extended its rally on June 5 for the fourth consecutive trading day with shares of utility and seafood companies attracting big investment.

Although May featured a downtrend for Vietnam’s stock market, market capitalisation still rose sharply and the market still has a good outlook in the long term, according to Chairman of the State Securities Commission of Vietnam Tran Van Dung.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose for the third day, gaining a total of 65.28 points after three transactions to settle at 1,013.78 points on June 4.