VN-Index ends week on a high
Shares closed at 503.76 points by the end of July 19 with the benchmark VN-Index gaining nearly 7 points, or 1.39 percent.
Shares closed at 503.76 points by the end of July 19 with the benchmark VN-Index gaining nearly 7 points, or 1.39 percent.
Blue chips continued to climb, supporting the Ho Chi Minh City market.
Pillars of the market, including Vinamilk (VNM), Masan Group (MSN) and Bao Viet Holdings (BVH), all climbed around 3 percent, lifting the VN30 tracking the top 30 shares by market capitalisation and liquidity up 1.07 percent to 556.56.
Total trading value decreased from the previous session, from 1.33 trillion VND on July 18 to over 1.25 trillion VND (59.7 million USD). Trading in the VN30 shares still made up 73 percent of the total market value at 912.3 billion VND (43.4 million USD).
Property developer VinGroup (VIC), the most active code on total trades of 3.4 million shares, climbed 0.8 percent to close at 64,000 VND a share (3.05 USD). VinGroup plans to buy back about 46.4 million shares of the company in July.
On the Hanoi Stock Exchange, the HNX-Index also closed up 0.3 percent at 63.16 points, but the trading remained sluggish with the total value reaching just 194 billion VND (9.4 million USD).
The market condition was neutral with 95 shares rising, 84 decreasing and 206 closing flat.
FLC Group (FLC) was the most active share with a total of 4.87 million shares changing hands at 5,400 VND each.
Foreign investors returned as net buyers on the HCM City exchange, picking up 51.4 billion VND (2.4 million USD). They were also responsible for a net buy of nearly 10 billion VND (476,000 USD) on the Hanoi bourse.-VNA
Blue chips continued to climb, supporting the Ho Chi Minh City market.
Pillars of the market, including Vinamilk (VNM), Masan Group (MSN) and Bao Viet Holdings (BVH), all climbed around 3 percent, lifting the VN30 tracking the top 30 shares by market capitalisation and liquidity up 1.07 percent to 556.56.
Total trading value decreased from the previous session, from 1.33 trillion VND on July 18 to over 1.25 trillion VND (59.7 million USD). Trading in the VN30 shares still made up 73 percent of the total market value at 912.3 billion VND (43.4 million USD).
Property developer VinGroup (VIC), the most active code on total trades of 3.4 million shares, climbed 0.8 percent to close at 64,000 VND a share (3.05 USD). VinGroup plans to buy back about 46.4 million shares of the company in July.
On the Hanoi Stock Exchange, the HNX-Index also closed up 0.3 percent at 63.16 points, but the trading remained sluggish with the total value reaching just 194 billion VND (9.4 million USD).
The market condition was neutral with 95 shares rising, 84 decreasing and 206 closing flat.
FLC Group (FLC) was the most active share with a total of 4.87 million shares changing hands at 5,400 VND each.
Foreign investors returned as net buyers on the HCM City exchange, picking up 51.4 billion VND (2.4 million USD). They were also responsible for a net buy of nearly 10 billion VND (476,000 USD) on the Hanoi bourse.-VNA
You should also see
Youths' efforts yield socio-economic fruits
Many activities were carried out across the nation during the Vietnam’s Youth Month, an annual festivity taking place in March to celebrate the establishment of the Ho Chi Minh Communist Youth Union (HCYU), contributing to the nation’s socio-economic development, heard a conference held by the union's Central Committee in Hanoi on April 23.
See more
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.
Business
HCM City seeks to draw remittances in infrastructure
A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached 9.46 billion USD in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.
Sci-Tech
FPT, NVIDIA ink MoU to build 200 million USD AI factory
Vietnam’s tech giant FPT plans to build a 200 million USD artificial intelligence (AI) factory using Nvidia's graphics chips and software, as announced on April 23 in a comprehensive strategic partnership with NVIDIA.
