Sacombank

An investor follows stock movement at Tân Việt Securities Inc (TVSI) in Hà Nội. — VNS Photo Đoàn TùngViet Nam News HÀ NỘI — Shares closed on a mixed note on Thursday as trade slowed down ahead of the Tết (Lunar New Year) holiday. On the Hồ Chí Minh Stock Exchange, the VN-Index went down 0.57 per cent to end the day at 910.65 points. Việt Nam’s benchmark index lost 0.01 per cent on Wednesday after five consecutive rising sessions. On the smaller Hà Nội Stock Exchange, the HNX-Index advanced for a third day, edged up 0.07 per cent to end Thursday at 102.88 points. The northern bourse market has increased 0.6 per cent in the past three days. Liquidity fell slightly from the previous session with just 159 million shares worth a combined VNĐ3.4 trillion (US$147 million) traded on the two bourses. The poor performance of large-cap stocks continued to weigh down the market. Half of … [Read more...] about Shares mixed as Tết lull begins

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

Banking shares remained the money magnet as four of six advancers were banks. — Photo abcnews.com.au Shares were mixed on the two national stock exchanges on Wednesday morning as large-cap stocks were under heavy selling pressure. On the Ho Chi Minh Stock Exchange, the VN-Index lost 0.41 per cent to end the morning trade at 1,014.17 points. Blue chips were the major drag here as 21 of the top 30 largest shares by market value and liquidity lost value and only six advanced. Another three closed unchanged. Major losers included Vinamilk (VNM), Vinhomes (VHM), brewer Sabeco (SAB), Mobile World Investment (MWG) and property developer Novaland Investment (NVL), which fell more than 1 per cent each. Banking shares remained the money magnet as four of six advancers were banks, including BIDV (BID), Vietinbank (CTG), Sacombank (STB) and Eximbank (EIB) with growth of between 0.5 per cent and 1.9 per cent. On the Ha Noi Stock Exchange, the HNX-Index increased 0.62 per cent to 107.63 … [Read more...] about Shares mixed as large caps under heavy selling pressure