Index for capital gain

Facilities of Binh Son Refining and Petrochemical Company Limited (BSR) in the central province of Quang Ngai. BSR rose 2.8 per cent on Wednesday. Photo bsr.com.vn Vietnamese shares rose on Wednesday, propped up by a slew of banking and energy stocks. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased 1.27 per cent, to 1,218.10 points. The benchmark increased 1.46 per cent, to close Tuesday at 1,202.82 points. More than 588.4 million shares were traded on the southern bourse, equivalent to VND14.4 trillion (US$619 million). Market breadth was positive with 136 losers and 326 gainers. Banking stocks were darlings of the market with gainers including Military Bank (MBB), Techcombank (TCB), Bank for Investment and Development of Viet Nam (BID), VietinBank (CTG), Viet Nam International Commercial JS Bank (VIB), Saigon-Hanoi Commercial JS Bank (SHB), Tien Phong Bank (TPB) and Vietcombank (VCB). Energy stocks gained ground with gainers such as Viet Nam National … [Read more...] about Shares extend gains, bolstered by bank and energy sectors

The index closed one point higher after losing over 20 points Thursday. It gained over 13 points this week. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 0.81 percent to VND11.42 trillion ($490.49 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 18 tickers gain, led by SSI of leading brokerage SSI Securities Corporation with a 4.8 percent rise. It was followed by three banks: BID of state-owned lender BIDV gained 4.6 percent, CTG of state-owned lender VietinBank rose 3.1 percent and STB of Ho Chi Minh City-based lender Sacombank went up 2.3 percent. 10 blue chips fell, with GAS of state-owned Petrovietnam Gas and MSN of conglomerate Masan Group both losing 2.2 percent. Foreign investors were net sellers to the tune of VND191 billion, mainly selling VPB of private lender VPBank and VCB of state-owned lender Vietcombank. The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 0.43 percent while the … [Read more...] about Last-minute purchase pushes VN-Index up

The jack-up rig PV Drilling VI. PV Drilling climbed up to 7 per cent yesterday, supporting the market's bullish trend.- Photo pvdrilling.com.vn On the Ho Chi Minh Stock Exchange (HoSE), the market benchmark VN-Index settled higher, ending its four-day losing streak. The index surged 19.61 points, or 1.68 per cent, to 1,188.88 points. The market's breadth returned to a positive zone with 318 stocks gaining points, of which 50 stocks hit the biggest daily increase of 7 per cent, while 153 stocks declined. However, liquidity remained at a low level, of which the matching value on the southern bourse was just VND8.86 trillion (US$381 million), equal to a matching volume of 380 million shares. The index's reversal was driven by the improvement of risk appetite. The VN30-Index rose 13.41 points, or 1.09 per cent, to 1,240.58 points. Twenty of the 30 biggest stocks in the VN30 basket inched higher on Thursday, of which two stocks registered the maximum intraday gain of 7 per … [Read more...] about VN-Index rises sharply on back of high risk demand

The benchmark started the morning trading session not so smoothly when the demand still hesitated, while the holders were ready to push sell orders when they saw that stocks reached their expected price levels. The cautiousness of both sides made the VN-Index go down slightly in the ATO session. The market continuously shook in the morning trading session when both the buyers and sellers failed to show their superior on the electric board. The market only improved in the afternoon trading session when buy orders above the reference price unexpectedly poured into the group of banking stocks. The green color from the most important stock group in the market was the driving force, helping change the color of the remaining large-cap stocks in the VN30 basket. At the end of the trading session, the VN-Index gained by 15.28 points, or 1.27 percent, to 1,218.1 points. Of the index, 326 stocks emerged, 53 remained unchanged, and 136 sank. Notably, the list of stocks that climbed today … [Read more...] about VN-Index strengthens by more than 15 points, backed by banking stocks

The index closed 3.2 points lower after losing over 41 points this week. Trading on the Ho Chi Minh Stock Exchange fell by 15.6 percent to VND13.31 trillion ($572.7 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 15 tickers gain, with SSI of leading brokerage SSI Securities and STB of HCMC-based lender Sacombank closing at ceiling prices. They gained 6.9 and 6.8 percent, respectively. Three bank stocks, TCB of Techcombank, MBB of MBBank and VPB of VPBank, followed, rising 4.4 to 5.5 percent. Other winners included HPG of steel giant Hoa Phat, up 3.4 percent, and ACB of lender Asia Commercial Bank, up 3.3 percent. Twelve blue chips fell, led by two energy tickers: GAS of Petrovietnam Gas and POW of Petrovietnam Power. They both hit floor prices, losing 6.8-6.9 percent. FPT of IT giant FPT Corp closed 5.2 percent lower, and MWG of electronics retailer Mobile World dropped 5 percent. Foreign investors were net buyers to the tune of VND24.1 … [Read more...] about VN-Index hits 14-month low

The index closed three points lower after gaining nearly 20 points Thursday. It has lost nearly 32 points this week. Trading on the Ho Chi Minh Stock Exchange increased by 0.2 percent to VND10.18 trillion ($437.71 million). The VN-30 basket, comprising the 30 largest capped stocks, saw 14 tickers drop. POW of electricity producer Petrovietnam Power Corporation fell 2.5 percent, while GAS of state-owned Petrovietnam Gas dropped 2.4 percent. Other losers included HDB of HDBank, down 2.1 percent, CTG of state-owned lender VietinBank, down 2 percent, and TPB of private TPBank, down 1.9 percent. Thirteen blue chips gained, led by BVH of insurance company Bao Viet Holdings with a 4 percent rise. It was followed by SAB of brewer Sabeco, up 1.4 percent, and PNJ of Phu Nhuan Jewelry, up 1.2 percent. Foreign investors ended three sessions of buying with a net sale of VND82 billion, mainly selling NVL of real estate developer Novaland Group and HPG of steelmaker Hoa Phat Group. … [Read more...] about VN-Index ends week with 4th losing session

Shares were mixed on Friday morning, with the market benchmark VN-Index rising slightly as some large-cap stocks faced correction. On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index increased 4.46 points, or 0.38 per cent, to 1,193.34 points. The market's breadth was positive, while liquidity was up compared to the previous session but remained at low levels. Accordingly, the matching value on the southern bourse climbed by 9 per cent to more than VND4.8 trillion (US$207.5 million). However, foreign investors were net sellers this morning after net selling a value of VND101 billion on the market. The index extend rallies, but strong gains in the previous trade triggered some profit-taking activities in pillar stocks, especially in energy and real estate stocks. The VN30-Index, tracking the 30 biggest stocks on HoSE, advanced 2.7 points, or 0.22 per cent, to 1,243.28 points. In the VN30 basket, 19 stocks inched up, while nine declined and two stayed unchanged. BIDV (BID) … [Read more...] about VN-Index edges close to 1,200 points

Agricultural circular model gains traction - illustration photo Nghiem Xuan Thanh, Secretary of Hau Giang Party Committee, last week worked with a joint venture between THD Vietnam Project Development JSC and THD Vietnam Agricultural Mechanised Construction JSC to discuss plans to develop an agricultural complex under the circular economic model worth around $1.74 billion. The complex combines two components – the first is a $943.5 million project based on the agriculture-industry-energy (AGINE) model, with the main focus on high-tech organic agriculture in rice cultivation, linking the agricultural processing industry to food products and the production and use of renewable energy. The second model, known as GreenDevi, has an investment capital sum of $782.6 million and represents green development characteristics in agricultural production, including livestock cultivation, circular production and processing without environmental waste, and maximum use of renewable energy to … [Read more...] about Agricultural circular model gains traction

Tôn Thanh Trà, General Director of Chợ Rẫy-Phnom Penh Hospital, gives a health check-up to a patient at the hospital in Phnom Penh, Cambodia. — VNA/VNS Photo HÀ NỘI — One evening, doctors at Chợ Rẫy-Phnom Penh Hospital received a red alarm from the Emergency Department. A female patient had arrived in the emergency room in a state of confusion. She had trouble speaking and paralysis on the right side of the body. After examination and the necessary tests, doctors diagnosed the patient as suffering a stroke caused by atrial fibrillation and tachy-brady syndrome. After consultation, it was decided the patient needed a permanent pacemaker. The surgery was performed that night. It was incredibly successful. The patient was in stable health condition and discharged from the hospital four days later, to the joy of family and relatives. This was one of the thousands of timely life-saving cases that Vietnamese doctors successfully performed at the Chợ Rẫy- Phnom Penh Hospital in … [Read more...] about Vietnamese doctors gain Cambodian people’s trust

PV Gas's Ca Mau facility. GAS lost almost half of its gain on Thursday, down 2.4 per cent yesterday. -VNA/VNS Photo Huy Hung The VN-Index on the Ho Chi Minh Stock Exchange slid back to the negative territory after a brief rise on Thursday, down 0.29 per cent to close the week at 1,185.48 points. It gained 1.7 per cent on Thursday after four straight declining sessions. Divergence occurred in almost all groups of stocks, from finance to real estate, even to energy and chemicals. According to analysts, in the context of poor liquidity, supply and demand for stocks can change erratically, so it is difficult for the whole industry to follow the same direction. Overall, the gainers slightly outnumbered the losers by 244-239 while 91 closed flat. In the energy sector, PV Gas (GAS) lost almost half of its gain on Thursday, down 2.4 per cent; Petrolimex (POW) decreased 2.5 per cent after hitting the ceiling price in the previous session. Meanwhile, other power stocks such as Ba Ria … [Read more...] about Shares close the week in negative zone on low liquidity