Shares fail to breach 790 points

Hanoi Stock Exchange staff (Photo: VNA) Hanoi (VNA) - Shares slowed growth in August 3 afternoon trade on rising investor caution when the benchmark VN-Index touched short-term resistance. The VN-Index on the HCM Stock Exchange retreated below 790 points recorded in the morning but still edged up 0.29 percent to close at 788.49 points. Some large-cap stocks declined and restrained the market uptrend. Fifteen of the top 30 largest shares by market value and liquidity gained value, fewer than 21 in the morning, while seven tumbled. “The VN-Index retained the level of 790 points in a fairly short time and lost points early in the afternoon session, which showed the cash flow was quite cautious in this area,” market analysts at BIDV Securities Co (BSC) wrote in the August 3 note. Sacombank lost the morning gain and dropped 2 percent in afternoon trade, settling at 12,300 VND (0.54 USD) a share, its third decline following the detention of two of its former bankers, with a total decrease of 6.2 percent over three sessions. The bank posted pre-tax combined profits of 754 billion VND (33.2 million USD) in the first seven months of this year, up 29 percent over the target set for the whole year. However, other banks recovered. Eximbank (EIB) increased 4.8 percent while BIDV (BID) and Vietcombank (VCB) ticked up 2 percent and 0.5 percent, respectively. Military Bank (MBB) and Vietinbank (CTG) bounced back to their reference prices. …... [read more]

Hanoi Stock Exchange on August 3, 2017The Saigon Times Daily HNX-INDEX: 101.44 (+0.46%) Stock Price Change Volume ACB              26,000 -100              936,752 ACM                2,200 -200              946,049 ADC              15,000 0                     100 ALT              13,300 +1,000                  2,000 ALV              12,500 +1,100                96,504 AMC              26,500 0                        -   AME                4,500 0                        -   AMV              15,600 0                  6,100 API              31,000 -1,300                  7,000 APP              11,000 +100                     100 APS                4,800 -200              913,000 ARM              33,800 +3,000                  1,100 ASA                2,900 0              573,040 ATS              11,400 +1,000                17,200 B82                2,600 -100                  1,300 BAX              20,000 0                        -   BBS              14,000 0                        -   BCC              10,900 +600              266,355 BDB                9,900 0                        -   BED              39,500 0                        -   BHT                4,400 0                        -   BII                3,500 -200           1,018,300 BKC                6,200 0                        -   BLF                4,600 +300                14,200 BPC              16,300 +200                  2,200 BSC              16,000 0                        -   BST              13,300 0                        -   BTS                7,000 0                        -   BVS              21,100 +100                36,518 BXH              14,600 0                        -   C69                7,000 -200                42,200 C92                6,500 0                        -   CAN              27,000 0                        -   CAP              31,500 +300                23,200 CCM              40,000 0                        -   CDN              22,800 +1,800                  8,200 CEO              10,500 -100           1,049,030 CET              16,100 -1,700              169,600 CJC              37,000 +2,000                       …... [read more]

Shares recorded unexpected downturn on August 2 afternoon following concerns over the detainment of two ex-bankers. Investors monitor the market at Bao Viet Securities Company On the HCM Stock Exchange, the VN-Index edged down 0.07 percent to close at 786.23 points after peaking over 788 points in the morning.  The southern market index expanded nearly 2 percent in the last three sessions. On the Hanoi Stock Exchange, the HNX-Index dipped 0.35 percent to end at 100.97 points. The northern market index gained 4.5 percent in a six-trade rally. Bank shares slipped due to rising investor caution, following the news Tram Be, Sacombank’s former chairman, and Phan Huy Khang, the bank’s former CEO, were arrested on August 1 for allegedly  economic mismanagement related to a unauthorised lending of 1.8 trillion VND (80 million USD). Sacombank shares fell for a second day, dropping 3.5 percent and settling at 12,550 VND a share. Vietcombank (VCB), Military Bank (MBB) and Saigon-Hanoi Bank (SHB) slipped between 0.8-1.2 percent. BIDV (BID), Vietinbank (CTG) and Eximbank (EIB) bucked the trend; EIB rose by a daily maximum limit of 7 percent. According to some securities companies, investors should not be too pessimistic about the information, as difficulties at this bank were revealed a long time ago. On the bright side, many large-cap stocks maintained growth and supported the market. PetroVietnam Drilling and Wells Service (PVD) increased by over 2 percent, while other shares in the list of the 30 largest stocks by market value and liquidity such as…... [read more]

Hanoi Stock Exchange on August 2, 2017The Saigon Times Daily HNX-INDEX: 100.97(-0.35%) Stock Price Change Volume ACB              26,100 0           1,617,360 ACM                2,400 +100           1,976,310 ADC              15,000 0                  1,300 ALT              12,900 -500                     100 ALV              11,400 +100                42,700 AMC              26,500 -300                  4,600 AME                4,500 0                        -   AMV              15,600 0                  6,000 API              32,300 -600                     700 APP              10,900 +500                     350 APS                5,000 +400           2,553,050 ARM              30,800 0                        -   ASA                2,900 -200              430,100 ATS              10,400 +300                  3,200 B82                2,700 0                        -   BAX              20,000 0                        -   BBS              14,000 0                        -   BCC              10,300 -300              212,120 BDB                9,900 0                        -   BED              39,500 0                        -   BHT                4,400 0                        -   BII                3,700 +100              425,300 BKC                6,200 0                        -   BLF                4,300 0                35,720 BPC              16,100 -500                  4,210 BSC              16,000 0                        -   BST              13,300 0                        -   BTS                7,000 0                       15 BVS              21,000 -100                18,300 BXH              14,600 0                        -   C69                7,200 +200                66,100 C92                6,500 0                        -   CAN              27,000 0                        -   CAP              31,200 -100                  9,600 CCM              40,000 +100                     402 CDN              21,000 0                  4,600 CEO              10,600 -100           1,247,125 CET              17,800 -800              113,200 CJC              37,000 +2,000                        -  …... [read more]

On the Ho Chi Minh Stock Exchange, the VN-Index increased 0.42 percent to close at 786.61 points, topping the former nine-year high of 782.65 points of July 6. Energy stocks drove the market up with the two biggest listed oil companies, PV Gas (GAS) and PetroVietnam Drilling and Wells Service (PVD), advancing 2.6 percent and 6.8 percent, respectively. PVD was among the most active stocks on the southern bourse with more than 8 million shares being traded, despite its negative earnings in the second quarter. The company reported a loss of around 45 billion VND (16.7 million USD) in the second quarter, adding up to a total loss of 246 billion VND in the first half of this year. The firm attributed the poor result to a 34-40 percent decline in the lease of drilling platforms over the past three months. Global oil prices extended gains on July 31, ending the strongest month of the year, boosted by expectations of US sanctions against Venezuela’s oil sector and waning concerns over the supply in major oil markets. Brent crude edged up 0.3 percent to settle at 52.65 USD while  the US light crude oil rose nearly 1 percent to trade at 50.17 USD a barrel. Expansion of other blue chips such as brewery Sabeco (SAB) with a rise of 3.4 percent, Vietcombank (VCB) up 1.7 percent and Petrolimex (PLX) up 0.32 percent largely contributed to the market uptrend. These shares are among the top…... [read more]

Shares continued to climb on August 1 on the two stock exchanges, backed by strong gains of oil stocks after global oil prices recorded the strongest month of the year. Investors at ACB Securities Company in Hanoi On the Ho Chi Minh Stock Exchange, the VN-Index increased 0.42 percent to close at 786.61 points, topping the former nine-year high of 782.65 points of July 6. Energy stocks drove the market up with the two biggest listed oil companies, PV Gas (GAS) and PetroVietnam Drilling and Wells Service (PVD), advancing 2.6 percent and 6.8 percent, respectively. PVD was among the most active stocks on the southern bourse with more than 8 million shares being traded, despite its negative earnings in the second quarter. The company reported a loss of around 45 billion VND (16.7 million USD) in the second quarter, adding up to a total loss of 246 billion VND in the first half of this year. The firm attributed the poor result to a 34-40 percent decline in the lease of drilling platforms over the past three months. Global oil prices extended gains on July 31, ending the strongest month of the year, boosted by expectations of US sanctions against Venezuela’s oil sector and waning concerns over the supply in major oil markets. Brent crude edged up 0.3 percent to settle at 52.65 USD while  the US light crude oil rose nearly 1 percent to trade at 50.17 USD a barrel. Expansion of other blue chips such as brewery Sabeco…... [read more]

Investors at ACB Securities Company in Hanoi (Source: VNA) Hanoi (VNS/VNA) - Shares continued to climb on August 1 on the two stock exchanges, backed by strong gains of oil stocks after global oil prices recorded the strongest month of the year. On the Ho Chi Minh Stock Exchange, the VN-Index increased 0.42 percent to close at 786.61 points, topping the former nine-year high of 782.65 points of July 6. Energy stocks drove the market up with the two biggest listed oil companies, PV Gas (GAS) and PetroVietnam Drilling and Wells Service (PVD), advancing 2.6 percent and 6.8 percent, respectively. PVD was among the most active stocks on the southern bourse with more than 8 million shares being traded, despite its negative earnings in the second quarter. The company reported a loss of around 45 billion VND (16.7 million USD) in the second quarter, adding up to a total loss of 246 billion VND in the first half of this year. The firm attributed the poor result to a 34-40 percent decline in the lease of drilling platforms over the past three months. Global oil prices extended gains on July 31, ending the strongest month of the year, boosted by expectations of US sanctions against Venezuela’s oil sector and waning concerns over the supply in major oil markets. Brent crude edged up 0.3 percent to settle at 52.65 USD while  the US light crude oil rose nearly 1 percent to trade at…... [read more]

Hanoi Stock Exchange on August 1, 2017The Saigon Times Daily HNX-INDEX: 101.33 (+0.14%) Stock Price Change Volume ACB              26,100 +100           1,566,838 ACM                2,300 0           2,805,431 ADC              15,000 0                     100 ALT              13,400 0                        -   ALV              11,300 +600                38,900 AMC              26,800 0                  2,800 AME                4,500 0                        -   AMV              15,600 -100                  5,400 API              32,900 +500                  6,700 APP              10,400 0                        -   APS                4,600 +400           2,154,105 ARM              30,800 0                        -   ASA                3,100 -300              823,700 ATS              10,100 -800                  3,100 B82                2,700 0                        -   BAX              20,000 0                        -   BBS              14,000 -700                  6,300 BCC              10,600 -100              435,880 BDB                9,900 0                        -   BED              39,500 0                        -   BHT                4,400 0                        -   BII                3,600 -400           1,628,483 BKC                6,200 0                       94 BLF                4,300 0                  7,600 BPC              16,600 +100                  1,000 BSC              16,000 +1,000                  1,800 BST              13,300 0                        -   BTS                7,000 +100                  1,000 BVS              21,100 0                34,930 BXH              14,600 0                  3,800 C69                7,000 0                31,300 C92                6,500 0                        -   CAN              27,000 0                       40 CAP              31,300 +300                  9,560 CCM              39,900 -100                  1,900 CDN              21,000 -200                13,500 CEO              10,700 +100           2,732,078 CET              18,600 +700                93,200 CJC              37,000 +2,000                       …... [read more]

On the HCM Stock Exchange, the VN-Index surpassed the latest nine-year peak recorded on July 6, hitting 783.48 points, a rally of 0.82 percent over July 28’s close. The benchmark index expanded 2 percent last week. On the Hanoi Stock Exchange, the HNX-Index increased 0.63 percent to end at 101.18. The northern market index gained 2.6 percent in the previous week. “The risk of a short-term sharp decline was significantly diminished. Large-cap stocks, especially bank stocks, are supporting the indices’ uptrend,” said Tran Hai Yen, a stock analyst at Bao Viet Securities Co (BVSC). Banks were the biggest gainers yesterday, with an average growth of 2.33 percent, data on vietstock.vn showed. Seven of nine listed banks gained value, with two of the three largest banks by market value, BIDV (BID) and Vietinbank (CTG), increasing 5.7 percent and 4.6 percent, respectively. The largest lender, Vietcombank (VCB), edged up 0.7 percent. According to BVSC’s report, Vietcombank is the most profitable bank with pre-provision operating profit of 5.05 trillion VND (224.7 million USD) by the end of June, up 20.5 percent year-on-year and fulfilling 54 percent of its yearly target. BIDV also recorded positive earnings with pre-tax profit for the first six months reaching 4.05 trillion VND, a year-on-year increase of 24.7 percent and completing 54 percent of the goal it set for the year. Military Bank (MBB) posted over 2.5 trillion VND worth of pre-tax profit in the first half of this year, rising 36…... [read more]

Shares rose stronger in July 31 afternoon trading as bank stocks accelerated their growth on the back of positive first-half business earnings. (Photo: bizlive.vn) Hanoi (VNA) - Shares rose stronger in July 31 afternoon trading as bank stocks accelerated their growth on the back of positive first-half business earnings. On the HCM Stock Exchange, the VN-Index surpassed the latest nine-year peak recorded on July 6, hitting 783.48 points, a rally of 0.82 percent over July 28’s close. The benchmark index expanded 2 percent last week. On the Hanoi Stock Exchange, the HNX-Index increased 0.63 percent to end at 101.18. The northern market index gained 2.6 percent in the previous week. “The risk of a short-term sharp decline was significantly diminished. Large-cap stocks, especially bank stocks, are supporting the indices’ uptrend,” said Tran Hai Yen, a stock analyst at Bao Viet Securities Co (BVSC). Banks were the biggest gainers yesterday, with an average growth of 2.33 percent, data on vietstock.vn showed. Seven of nine listed banks gained value, with two of the three largest banks by market value, BIDV (BID) and Vietinbank (CTG), increasing 5.7 percent and 4.6 percent, respectively. The largest lender, Vietcombank (VCB), edged up 0.7 percent. According to BVSC’s report, Vietcombank is the most profitable bank with pre-provision operating profit of 5.05 trillion VND (224.7 million USD) by the end of June, up 20.5 percent year-on-year and fulfilling 54 percent of its yearly target. BIDV also recorded positive earnings with…... [read more]




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