Steel, fertiliser shares buoy market

Shares recovered from morning losses on Wednesday, with large-cap stocks, especially steel and fertiliser shares, leading the way. Stock trading at MB Securities Company. - VNS Photo Truong Vi On the HCM Stock Exchange, the VN-Index edged up 0.33 per cent to close at 773.57 points. The key southern market index went down 0.66 per cent on Tuesday. On the Ha Noi Stock Exchange, the HNX-Index picked up 0.44 per cent to end at 101.74 points. It inched down 0.2 per cent in the previous session. Capital flows yesterday focused on the steel, fertiliser and construction sectors. The two biggest listed steelmakers – Hoa Phat Group (HPG) and Hoa Sen Group (HSG) – increased 2.2 per cent and 1.5 per cent, respectively. Other small steel firms such as Nam Kim Steel (NKG), Vietnam-Italy Steel (VIS) and Tien Len Steel (TLH) rose between 0.4 per cent and 1.4 per cent each. Big companies in the fertiliser and construction industries such as PetroVietnam Fertiliser and Chemicals (DPM), Ca Mau Fertiliser (DCM), FLC Faros Construction (ROS) and Coteccons Construction (CTD) also rallied. Other large-cap stocks supporting the market included PV Gas (GAS), Masan Group (MSN), brewery Sabeco (SAB), insurer Bao Viet Holdings (BVH) and Mobile World Group (MWG). On the negative side, banks weighed the market down. Losers included BIDV (BID), Vietinbank (CTG) and Military Bank (MBB), three of the four largest listed…... [read more]

Shares continued to slide on Wednesday morning, led by large companies in the food-beverage and banking sectors. — Photo tinnhanhchungkhoan.vn Shares continued to slide on Wednesday morning, led by the slump witnessed by large companies in the food-beverage and banking sectors. The VN-Index on the HCM Stock Exchange was down 0.22 per cent to end at 769.34. Only 10 of the top 30 largest stocks by market value and liquidity advanced while 18 declined. Banks and food-beverage firms were among the biggest losers. Vinamilk (VNM) declined 0.9 per cent while brewery Sabeco (SAB) edged down 0.4 per cent. Confectionery Kido Group (KDC), Habeco (BHN) and sugar manufacturer Thanh Thanh Cong Tay Ninh (SBT) fell between 0.2 per cent and 4.1 per cent each. Four of listed six lenders on the southern bourse lost value, of which BIDC (BID) was hit the hardest with a decrease of 1.5 per cent. Vietinbank (CTG), Military Bank (MBB) and Sacombank (STB) declined by less than one per cent each. On the positive side, Vietcombank (VCB), Masan Group (MSN), steelmakers Hoa Sen Group (HSG) and Hoa Phat Group (HPG), PV Gas (GAS) and Mobile World Group (MWG) increased and cushioned the market. On the Ha Noi Stock Exchange, the HNX-Index inched down 0.03 per cent at 101.27 points. A total of 117 million shares worth over VND1.9 trillion (US$85.4 million) were traded on the two markets. Afternoon trade starts at 1pm. — VNS ... [read more]

Shares declined on August 15 after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence (Photo: zing.vn) Hanoi (VNS/VNA) - Shares declined on August 15 after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence. The benchmark VN-Index on the HCM Stock Exchange went down 0.66 percent to close at 771.06 points. The southern market index increased 0.53 percent on August 14. On the Hanoi Stock Exchange, the HNX-Index was down 0.2 percent to end at 101.3 points. The northern market index dropped 0.64 percent in the previous session. The slump of large-cap stocks in the main bourse in HCM City negatively affected investor sentiment. Two-thirds of the top 30 largest shares by market value and liquidity on the HCM Stock Exchange lost value while only ten advanced. Major market support such as banks, food-beverage, real estate and construction companies all tumbled. Real estate firms recorded the biggest loss yesterday with an average decrease of 1.52 percent, data on vietstock.vn showed, with big names including VinGroup (VIC), Kinh Bac City Development (KBC), FLC Group (FLC), Phat Dat Real Estate Development (PRD) and Coteccons Construction (CTD). Seven of nine listed lenders on the two exchanges slipped while only one picked up. The four largest banks by market value – Vietcombank (VCB), Vietinbank (CTG), BIDV (BID) and Military Bank (MBB)…... [read more]

Shares continued to slide on Wednesday morning, led by the slump witnessed by large companies in the food-beverage and banking sectors. Shares continued to slide on Wednesday morning, led by large companies in the food-beverage and banking sectors. The VN-Index on the HCM Stock Exchange was down 0.22 per cent to end at 769.34. Only 10 of the top 30 largest stocks by market value and liquidity advanced while 18 declined. Banks and food-beverage firms were among the biggest losers. Vinamilk (VNM) declined 0.9 per cent while brewery Sabeco (SAB) edged down 0.4 per cent. Confectionery Kido Group (KDC), Habeco (BHN) and sugar manufacturer Thanh Thanh Cong Tay Ninh (SBT) fell between 0.2 per cent and 4.1 per cent each. Four of listed six lenders on the southern bourse lost value, of which BIDC (BID) was hit the hardest with a decrease of 1.5 per cent. Vietinbank (CTG), Military Bank (MBB) and Sacombank (STB) declined by less than one per cent each. On the positive side, Vietcombank (VCB), Masan Group (MSN), steelmakers Hoa Sen Group (HSG) and Hoa Phat Group (HPG), PV Gas (GAS) and Mobile World Group (MWG) increased and cushioned the market. On the Ha Noi Stock Exchange, the HNX-Index inched down 0.03 per cent at 101.27 points. A total of 117 million shares worth over VND1.9 trillion (US$85.4 million) were traded on the two markets. Afternoon…... [read more]

Shares declined on Tuesday after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence.– Photo zing.vn Shares declined on Tuesday after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence. The benchmark VN-Index on the HCM Stock Exchange went up 0.66 per cent to close at 771.06 points. The southern market index increased 0.53 per cent on Monday. On the Ha Noi Stock Exchange, the HNX-Index was down 0.2 per cent to end at 101.3 points. The northern market index dropped 0.64 per cent in the previous session. The slump of large-cap stocks in the main bourse in HCM City negatively affected investor sentiment. Two-thirds of the top 30 largest shares by market value and liquidity on the HCM Stock Exchange lost value while only ten advanced. Major market support such as banks, food-beverage, real estate and construction companies all tumbled. Real estate firms recorded the biggest loss yesterday with an average decrease of 1.52 per cent, data on vietstock.vn showed, with big names including VinGroup (VIC), Kinh Bac City Development (KBC), FLC Group (FLC), Phat Dat Real Estate Development (PRD) and Coteccons Construction (CTD). Seven of nine listed lenders on the two exchanges slipped while only one picked up. The four largest banks by market value – Vietcombank (VCB), Vietinbank (CTG), BIDV (BID) and Military Bank…... [read more]

Shares declined on Tuesday after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence. Shares declined on Tuesday after a brief recovery in the previous session when a number of heavyweight shares sank into the red on fragile investor confidence.– Photo zing.vn The benchmark VN-Index on the HCM Stock Exchange went up 0.66 per cent to close at 771.06 points. The southern market index increased 0.53 per cent on Monday. On the Ha Noi Stock Exchange, the HNX-Index was down 0.2 per cent to end at 101.3 points. The northern market index dropped 0.64 per cent in the previous session. The slump of large-cap stocks in the main bourse in HCM City negatively affected investor sentiment. Two-thirds of the top 30 largest shares by market value and liquidity on the HCM Stock Exchange lost value while only ten advanced. Major market support such as banks, food-beverage, real estate and construction companies all tumbled. Real estate firms recorded the biggest loss yesterday with an average decrease of 1.52 per cent, data on vietstock.vn showed, with big names including VinGroup (VIC), Kinh Bac City Development (KBC), FLC Group (FLC), Phat Dat Real Estate Development (PRD) and Coteccons Construction (CTD). Seven of nine listed lenders on the two exchanges slipped while only one picked up. The four largest banks by market value –…... [read more]

Shares rebounded on August 14 after four consecutive downturns on the two national stock exchanges last week, boosted by recovery of large-cap stocks (Photo: VNA) Hanoi (VNA) – Shares rebounded on August 14 after four consecutive downturns on the two national stock exchanges last week, boosted by recovery of large-cap stocks. The VN-Index on the HCM Stock Exchange picked up 0.53 percent to close at 776.17 points. The benchmark index slipped 2.64 percent in the last four sessions. Only four of the top 30 largest shares by market value and liquidity on the southern exchange tumbled, while 22 advanced. Capital was channeled into various sectors, including banks, steel and pharmaceutical firms, construction and real estate. Banks were among the biggest gainers with five of listed lenders gaining value; four of the largest banks by market value – Vietcombank (VCB), Vietinbank (CTG), BIDV (BID) and Military Bank (MBB) – increased between 0.5 percent and 3.6 percent. Advancers also included steelmakers Hoa Phat Group (HPG) and Hoa Sen Group (HSG), DHG Pharmaceutical (DHG), Kinh Bac City Development (KBC), FLC Faros Construction (ROS), HCM Infrastructure Investment (CII) and PV Gas (GAS). On the negative side, the two biggest firms food and beverage industry firms, Vinamilk (VNM) and Sabeco (SAB), slumped and restrained the market rise. “However, the VN30-Index increasing further than the VN-Index indicated investors’ tendency to increase their portfolio proportion of the large-cap stocks in the VN30 basket,” analysts at BIDV Securities…... [read more]

hares rebounded yesterday after four consecutive downturns on the two national stock exchanges last week, boosted by recovery of large-cap stocks.– VNA/VNS Photo Shares rebounded yesterday after four consecutive downturns on the two national stock exchanges last week, boosted by recovery of large-cap stocks. The VN-Index on the HCM Stock Exchange picked up 0.53 per cent to close at 776.17 points. The benchmark index slipped 2.64 per cent in the last four sessions. Only four of the top 30 largest shares by market value and liquidity on the southern exchange tumbled, while 22 advanced. Capital was channeled into various sectors, including banks, steel and pharmaceutical firms, construction and real estate. Banks were among the biggest gainers with five of listed lenders gaining value; four of the largest banks by market value – Vietcombank (VCB), Vietinbank (CTG), BIDV (BID) and Military Bank (MBB) – increased between 0.5 per cent and 3.6 per cent. Advancers also included steelmakers Hoa Phat Group (HPG) and Hoa Sen Group (HSG), DHG Pharmaceutical (DHG), Kinh Bac City Development (KBC), FLC Faros Construction (ROS), HCM Infrastructure Investment (CII) and PV Gas (GAS). On the negative side, the two biggest firms food and beverage industry firms, Vinamilk (VNM) and Sabeco (SAB), slumped and restrained the market rise. “However, the VN30-Index increasing further than the VN-Index indicated investors’ tendency to increase their portfolio proportion of the large-cap stocks in the VN30 basket,” analysts at BIDV Securities Co (BSC) wrote…... [read more]

The benchmark VN Index picked up 0.24 per cent to close Monday morning at 773.90 points after losing for four consecutive sessions. — Photo tinnhanhchungkhoan.vn Shares recovered on Monday morning on the HCM Stock Exchange after four consecutive losing sessions last week, boosted by large-cap stocks. The benchmark VN Index picked up 0.24 per cent to close at 773.90 points. Twenty-one of the 30 largest shares by market value and liquidity advanced; six declined. Banks continued to give the market’s its momentum with six listed banks gaining value. BIDV (BID) was the biggest gainer with a rise of 1.2 per cent, while others went up by less than 1 per cent. Besides banks, the shares of securities, construction and steel companies also supported the market. Large-cap stocks in these sectors, such as Saigon Securities Inc (SSI), HCM Securities (HCM), BIDV Securities (BSI), Vietinbank Securities (CTS), Hòa Phát Group (HPG), Hoa Sen Group (HSG), Kinh Bac City Development (KBC) and HCM City Infrastructure Investment (CII), were among the gainers. On the negative side, large food and beverage companies such as Vinamilk (VNM), Sabeco (SAB) and Kido Group (KDC) slumped. On the Ha Noi Stock Exchange, the HNX Index was up 0.21 per cent at 101.07 points. Liquidity was low with only 127 million shares worth around VND1.9 trillion (US$84.8 million) being traded in the two markets in the morning. The afternoon session starts at 1pm. – VNS ... [read more]

Traders at an online bond auction at the Hanoi Stock Exchange. (Photo: VNA) Hanoi (VNA) - Vietnamese shares have had a rough losing week and the next five trading sessions at least are likely to trade negatively, according to analysts and brokerage companies. The benchmark VN Index on the Ho Chi Minh Stock Exchange and the HNX Index on the Hanoi Stock Exchange respectively inched down 0.2 percent and 0.1 percent to close at 772.08 points and 100.86 points on August 11. The two stock indices have posted losses of 2.6 percent and 1.5 percent in four consecutive sessions. They also declined by 2.1 percent and 1 percent from the previous week’s closing levels. The decline has been attributed to investors affected by rising tensions between the US and the Democratic People’s Republic of Korea and by false news about the arrest of a former bank executive on August 9. The loss in investor confidence as a result of the bad news affected local stocks, bringing the VN Index down 2.3 percent, the biggest loss in the last 20 months, and the HNX Index down 1.2 percent, costing the stock market 2 billion USD in market capitalisation. Liquidity was quite low in the last two trading sessions of the week after having risen sharply on August 9 on investors’ sell-offs of local stocks. An average of 307.3 million shares worth 4.72 trillion VND (209.7 million USD) was traded in each session on both…... [read more]




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