Intellasia East Asia News – Vietnam stocks close on positive note led by big caps

Strong cash flow into large-cap and bank stocks helped the Hochiminh Stock Exchange (HoSE) regain ground today, September 9, as the VN Index closed up 10.37 points.

With gainers outstripping decliners by 274 to 134, the benchmark index added 0.78 percent against the session earlier at 1,343.98 points. Over 642 million shares worth VND19.6 trillion changed hands. Block deals contributed VND1.6 trillion to the total value.

In the VND30 basket, 21 stocks ended up, with mobile phone retailer MWG making the strongest gain, at 6.7%.

Other good performers were jewellery firm PNJ, lenders TPB, VPB, TCB, MBB, ACB and STB, low-cost carrier VJC, petroleum stock PLX and rubber group GVR.

Steel maker HPG continued its upward trend and took the lead by liquidity on the southern bourse, with a matching volume of over 37 million shares.

Many small and medium stocks made gains, with urban development firm CCL hitting its upper limit. Other stocks such as property developer FLC, realty stock DXG, construction enterprise LCG and real estate firm TEG soared by over 2.7 percent each.

Among transportation and logistics stocks, VNL, TCO and VOS shot up to their daily ceiling prices, while many securities stocks such as FTS, HCM, VND and VCI made mild gains.

The HNX-Index of the Hanoi Stock Exchange extended its winning streak for the 10th straight session, ending up 3.17 points, or 0.91%, over the day earlier, at 350.44, with 115 winners and 61 losers.

Property group CEO stole the limelight as it hit its daily ceiling price. Other major drivers of the northern bourse were construction firm VC2, port company CAG and real estate enterprise BII.

Lender SHB lost steam but became the most actively traded stock on the Hanoi stock market with 12.3 million shares transacted.


Category: Stocks, Vietnam

Print This Post

Source link


‘Ready to Rock, You Guys?’ The Winklevoss Twins Play Amagansett.

The 40-year-old billionaire twins Tyler and Cameron Winklevoss have...

Adam Kinzinger Shares Voicemails From Trump Supporters Threatening His Family

No good deed goes unpunished, and Rep. Adam Kinzinger...

Jakarta Masuk ke PPKM Level 2 Lagi, Anies Baswedan Koordinasi dengan Pemerintah Pusat –

Laporan Wartawan, Fandi Permana TRIBUNNEWS.COM, JAKARTA - Pemerintah memutuskan untuk memperpanjang masa Pemberlakuan Pembatasan Kegiatan Masyarakat atau PPKM Jawa Bali. Sebanyak 14 daerah, termasuk DKI Jakarta,...

Intellasia East Asia News – N Korea slams US-Korea-Japan military cooperation

<!-- --> North Korea on Sunday slammed the United States, South Korea and Japan for pushing to boost their trilateral military cooperation targeting...

Intellasia East Asia News – Nuclear question arises in East Asia as invasion of Ukraine, US-China tensions continue

<!-- --> Worries over a Taiwan contingency, North Korea and an assertive China have led South Korea and Japan to contemplate their security...