Stock Market

  A customer at BIDV's Tiền Giang branch. Shares of the bank declined on Monday despite it will be added in the VN30 basket in July. — VNA/VNS Photo Hoàng Hùng HÀ NỘI – Vietnamese shares moved against the general trend in the region on Monday, driven down by slumps of heavyweight stocks such as Vingroup, brewer Sabeco and steelmaker Hòa Phát Group. On the Hồ Chí Minh Stock Exchange (HOSE), the VN-Index edged down 0.29 per cent to close Monday at 972.53 points. On the Hà Nội Stock Exchange, the HNX-Index also inched down 0.23 per cent to end the session at 105.61 points. Both markets increased marginally last week. Liquidity was below the average of the last 20 sessions, totalling 174 million shares worth VNĐ3.9 trillion (US$168 million) on the two exchanges, down 7 per cent in volume and 3 per cent in value compared to Friday’s figures. Widening declines of some heavyweight stocks drove the … [Read more...] about Shares move against regional trend on low liquidity

  Transactions at Vietcombank's Vĩnh Yên branch. Shares of Vietcombank surpassed its 2008 peak to close at VNĐ74,000 (US$3.18) per share on Thursday. — VNA/VNS Photo Trần Việt HÀ NỘI  Shares extended their gains on the nation's two exchanges on Thursday, with the banking sector leading the market following the news that the central bank would relax credit growth limits for some banks this year. The VN-Index on the Hồ Chí Minh Stock Exchange rose for a third day, closing up 0.51 per cent at 978.63 points. It gained 1.3 per cent over the last three sessions. On the Hà Nội Stock Exchange, the HNX-Index was up 0.83 per cent to end at 106.01 points, lifting its three-day rally to 2.1 per cent. A total of 189 million shares worth VNĐ3.74 trillion (US$160.4 million) were traded on the two exchanges, up 3 per cent in volume but down 13.4 per cent in value compared to Wednesday’s … [Read more...] about Shares extend rally on credit growth limit relaxation

  A Hòa Phát steel mill in Hải Dương Province's Kinh Môn District. The company's shares were among the large-caps that declined and dragged  the stock market down on Wednesday. — VNA/VNS Photo Danh Lam HÀ NỘI — Việt Nam’s benchmark VN-Index slid on Wednesday with modest liquidity as investors remained quiet due to lack of supportive information. The VN-Index on the Hồ Chí Minh Stock Exchange inched down 0.17 per cent to end at 960.39 points. The southern market index lost 0.38 per cent on Tuesday. Trading liquidity was moderate with nearly 136.6 million shares traded on the southern bourse, worth VNĐ3.46 trillion (US$149 million). Large-cap stocks weighed on the market development as the VN30-Index, which tracks the performance of the 30 largest stocks by market value and trading liquidity, dropped 0.38 per cent to end at 869.58 points. Nineteen of the 30 stocks in the VN30-Index lost … [Read more...] about Vietnamese shares drop as worries persist over global slowdown

  The sign of the Hà Nội Stock Exchange (HNX). The HNX-Index gained 0.44 per cent to end Wednesday morning session at 103.92 points. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Vietnamese shares were mixed on Wednesday morning, while trading liquidity remained low due to investors’ caution. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange fell 0.28 per cent to close at 959.31 points. The HNX-Index on the Hà Nội Stock Exchange edged up 0.44 per cent to end at 103.92 points. The VN-Index and HNX-Index lost 0.38 per cent and 0.60 per cent on Tuesday. More than 80 million shares were traded on the two local exchanges, worth nearly VNĐ1.8 trillion (US$77 million). The mixed performance was caused by investors’ caution as they were worried about a worldwide economic slowdown. Local stocks were mixed with the banking, energy and petroleum, real estate, food and beverage and seafood processing … [Read more...] about Investors still cautious, VN stocks mixed

    Inside a factory of Jasan Textile and Dyeing Việt Nam Co Ltd in Hưng Yên Province's Phố Nối B Industrial Park. Worries about global recession dominated market sentiment on Tuesday, outweighing investor confidence that sectors such as the textile and garment industry will benefit from the latest EU-Việt Nam trade deals. - VNA/VNS Photo Danh Lam HÀ NỘI – Vietnamese shares dropped on Tuesday as worries about the global economic slowdown and new trade tensions outweighed confidence in Việt Nam’s new trade deals. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange shed 0.38 per cent to close at 961.98 points. The VN-Index gained 1.65 per cent on Monday following the signing of trade deals between Việt Nam and the EU and after China and the US agreed last weekend to restart trade talks. But market sentiment turned negative on Tuesday after US President … [Read more...] about Global worries pull VN stocks down