VN-Index hits all-time high on large cap stocks
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 7.12 points to a new peak of 1,305.1 points on May 25 morning as several large cap stocks made significant gains.
Hanoi (VNA) – The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 7.12 points to a new peak of 1,305.1 points on May 25 morning as several large-cap stocks made significant gains.
More than 403.3 million shares were traded for over 12.61 trillion VND (549 million USD).
The market breadth stayed positive with 204 stocks rising. There were 195 stocks sliding and 46 ending flat.
The pick-up of the index was boosted by gains from large-cap stocks such as HPG (2.9 percent), BVH (2 percent), MSN (1.8 percent), POW (1.3 percent), VRE (1.1 percent), TPB (3.6 percent), VCB (2.4 percent), STB (2.1 percent), TCB (1.8 percent), and CTG (1 percent).
Green also dominated real estate, construction and oil and gas stocks, including CII, CTD, DIG, DXG, FCN, IJC, KBC, NTL, NLG, G36, GAS, PVD, PVB, PVS, PVC, PVT, BSR and POW.
Meanwhile, the HNX-Index on the Hanoi Stock Exchange, home to mid and small caps, fell slightly 0.02 point to 300.31 points. Over 66.2 million shares were trade, worth over 1.45 trillion VND.
The UPCOM-Index for the Unlisted Public Companies Market added 0.21 points to 82.84 points, with more than 1.14 trillion VND injected into the market, equivalent to over 75.3 million shares traded.
In this morning trading session, foreign players net sold nearly 60 billion VND on HOSE, while net buying 5.2 billion VND on HNX and 10.44 billion VND on UPCOM./.
You should also see
Prime Minister receives Apple CEO
Prime Minister Pham Minh Chinh received visiting CEO of Apple Tim Cook in Hanoi on April 16, who he once met in the US in September 2022.
See more
Business
US dollar continues gaining against Vietnamese dong, hitting exchange ceiling
The US dollar has continued to strengthen against the Vietnamese dong (VND) as the exchange rate hit the ceiling limit across commercial banks on April 16 morning.
Business
Tra Vinh exports organic coconut flower nectar to Australia
The Tra Vinh Farm Co., Ltd (Sokfarm) in the Mekong Delta province of Tra Vinh has successfully exported its first shipment of organic coconut flower nectar products to Australia - the fifth main importer of the locality’s product.
Business
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
Business
Central bank to resume gold bar bidding after 11 years
The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.
Business
Hai Phong Techfest connects Vietnamese, RoK businesses
The Department of Science and Technology of the northern port city of Hai Phong is organising the International Techfest Connect 5+, a science and technology festival to promote connectivity in the northern coastal region, from April 15-16.
