Thursday, 01/08/2019 14:10

Large-caps lift VN-Index for second day

Vietnamese shares were mixed on Thursday morning while property developers made strong gains to cushion market sentiment.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange edged up 0.28 per cent to close at 994.41 points.

The VN-Index was up 0.57 per cent on Wednesday.

The HNX-Index on the Ha Noi Stock Exchange dropped 0.15 per cent to end at 104.27 points.

The HNX-Index finished unchanged on Wednesday.

More than 114.5 million shares were traded on the two local exchanges, worth VND2.36 trillion (US$101.6 million).

Real estate firms held the market up in the morning session.

The realty sector index increased by 1.4 per cent, data on vietstock.vn showed.

Leading the property sector were large-cap firms such as Vingroup (VIC), Vinhomes (VHM), Vincom Retail (VRE) and Novaland (NVL). The realty giants also helped boost the large-cap VN30-Index up 0.26 per cent to 885.51 points.

Other large-cap stocks also advanced such as brewer Sabeco (SAB), steel producer Hoa Phat (HPG), retailer Mobile World (MWG) and dairy firm Vinamilk (VNM).

The afternoon trading session starts at 1pm.

bizhub

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>   Shares recover on strong first-half earnings (01/08/2019)

>   VN stocks mixed as investors wait (31/07/2019)

>   VN stocks decline amid investors' caution (31/07/2019)

>   VN-Index fails to stick at 1,000 points (30/07/2019)

>   Top securities firms report lower earnings in Q2 due to poor liquidity (30/07/2019)

>   VN-Index saved by large-cap firms, but outlook gloomy (30/07/2019)

>   VN stocks dragged down by strong selling (29/07/2019)

>   Local stocks to slow on mixed corporate earnings as investors wait for int'l events (29/07/2019)

>   Shares subdued at the end of the week (27/07/2019)

>   VN-Index slides after stumbling at 1,000 point level (26/07/2019)

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