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The market ended mixed on Friday morning as many big stocks still faced selling pressure. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) fell 0.22 per cent to 1,165.95 points in the morning session while overloading occurred again on the southern bourse. However, the market's liquidity was still high in the morning session with more than 521.5 million shares traded, worth over VNĐ12.9 trillion. Big stocks from banking, real estate, materials and retail sectors extended losses with many down more than 1 per cent, leading to the downward trend of the market. The VN30-Index declined by 0.31 per cent to end the morning session at 1,170.7 points. Top five stocks influencing the market's trend were Vinhomes JSC (VHM), down 1.7 per cent, Vietcombank (VCB), down 1.44 per cent, and Việt Nam Dairy Products JSC (VNM), down 1.55 per cent. Meanwhile, gas and oil stocks still posted outstanding performance this morning with PetroVietnam Power Corporation (POW) hitting … [Read more...] about VN-Index extends losses as selling pressure persists

The index plunged 13 points in the first 45 minutes of trading but quickly returned to the starting point and went sideways in the 1,160 range before ending with a marginal 0.17-point gain. It ended the week with four gaining sessions but was down 1.47 percent from Monday after plunging 18 points Thursday, when it entered the 1,190 range. This could show the investors’ lack of confidence that the index will return to the 1,200 peak it reached 2018. Trading value on the Ho Chi Minh Stock Exchange (HoSE), on which the index is based, fell nearly 11 percent to VND14.99 trillion ($645.64 million). The bourse saw 264 stocks gain and 169 lose. The VN30 basket, comprising the 30 largest capped stocks on the HoSE, saw 10 tickers gain, led by POW of electricity distributor PetroVietnam Power Corporation, up 6.7 percent, ending four consecutive losing sessions. It was followed by STB of Ho Chi Minh City-based lender Sacombank, up 1.9 percent, and GAS of state-owned PetroVietnam Gas … [Read more...] about VN-Index ends week in the green

Meanwhile, on the Hanoi Stock Exchange (HNX), the HNX-Index made a breakthrough of nearly 3 percent. At the end of the trading session, the VN-Index inched up by 0.34 points, or 0.03 percent, to close at 1,186.95 points, with 270 gainers, 168 losers, and 64 unchanged stocks. The HNX-Index jumped 6.16 points, or 2.48 percent, to 254.1 points, with 137 gainers, 66 losers, and 57 unchanged stocks. Foreign investors continued to net sell nearly VND500 billion on the whole market. Of which, they net sold VND470 billion on the HoSE. Liquidity remained at a high level with a total trading volume of 819 million shares, worth more than VND18.1 trillion. Of which, put-through transactions accounted for nearly VND1.77 trillion. The stock market traded with caution from investors after the new General Director of the HoSE Le Hai Tra spoke in the media about a solution to prevent network congestion, which possibly is to raise the minimum round lot from 100 shares to 1,000 shares to reduce the … [Read more...] about Many solutions to prevent network congestion on HoSE

The national football squad’s South Korean chief coach Park Hang Seo has returned to his work after quarantine. The coach faces challenges and great expectations. Although the remaining matches in the 2022 World Cup qualifiers have not yet taken place, the sideline information about the preparation of the opponents may worry the Korean football expert. The first rival of the Vietnamese team will be Malaysia. Their game is scheduled on June 11. Malaysia has recently employed Brazilian-origin striker De Paula. This is the 8th foreign football player nationalized in Malaysia. Meanwhile, members of the Vietnamese team are familiar faces who have been used by coach Park for the last 2-3 football seasons. However, the V-League 2021 will return this month and coach Park will have opportunities to find out new talents. According to Mr. Park, the United Arab Emirates (UAE) may be the host of the remaining matches of Group G of the second-round World Cup 2022 qualifiers … [Read more...] about Park Hang-seo back to work, faces challenges for VN national football team

Hà Nội to re-open religious establishments, relic sites on March 8 Mekong Delta provinces step up COVID preventive measures as 2 test positive in Đồng Tháp Community-based COVID-19 prevention teams work hard during pandemic PM asks for rapid COVID-19 vaccination distribution Hải Dương conducts large-scale testing for COVID-19 from Feb 24 Minister of Health Nguyễn Thanh Long at Friday meeting of the National Steering Committee for COVID-19 Prevention and Control. — VNA/VNS Photo Doãn Tấn HÀ NỘI — Vaccinations using the recently-imported AstraZeneca COVID-19 vaccine are expected to start on Monday, Minister of Health Nguyễn Thanh Long informed a meeting of the National Steering Committee on COVID-19 Prevention and Control on Friday. The first batch comprising over 117,600 doses of the vaccine manufactured in the Republic of Korea (RoK), arrived in Việt Nam on February 24 . After holding working sessions with the producer, Việt Nam has obtained an … [Read more...] about Việt Nam to begin COVID-19 vaccinations on March 8: Health minister