Tag: blue chips

  • Blue chip stocks hit weekly high

    Blue chip stocks hit weekly high

    Vietnam’s benchmark VN-Index rose 1.46 percent to 1,202.82 points Monday with most blue chip ending in the green. The index closed 17.34 points higher after losing 3.4 points Friday.

    Trading on the Ho Chi Minh Stock Exchange increased by nearly 21 percent to VND12.32 trillion ($529.7 million).

    The VN-30 basket, comprising the 30 largest capped stocks, surged to the highest in a week with 26 tickers gaining.

    SSI of leading brokerage SSI Securities rose 6.7 percent, extending its gaining streak to the fourth session in a row.

    NVL of real estate developer Novaland closed 6.5 percent higher, with trading value highest since last December.

    Other winners included PNJ of Phu Nhuan Jewelry, up 6.1 percent, and HPG of steelmaker Hoa Phat, up 5 percent.

    Four bucked the trend, led by VIC of Vietnam’s biggest conglomerate Vingroup JSC with a 1.1 percent drop. The ticker is now at a 27-month low, having fallen 42 percent from its peak last April.

    VNM of dairy giant Vinamilk, and MWG of electronics retailer Mobile World both lost 0.6 percent.

    VCB of the largest state-owned lender Vietcombank closed 0.1 percent lower.

    Foreign investors were net buyers to the tune of VND250.6 billion, focusing on VND of brokerage VNDirect Securities, CTG of VietinBank and GEX of Gelex Group.

    The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was up 1.63 percent while the UPCoM-Index at the Unlisted Public Companies Market was up by 1.15 percent.

  • Blue chip stocks hit highest in weeks

    Blue chip stocks hit highest in weeks

    Vietnam’s benchmark VN-Index rose 0.16 percent to 1290.01 points Monday with a double-digit surge in trade as blue chip stocks climbed to the highest in weeks.

    The index closed two points higher after losing nearly one point on Friday. Trading on the Ho Chi Minh Stock Exchange (HoSE) increased by 31 percent to VND16.94 trillion ($730.64 million).

    The VN-30 basket, comprising the 30 largest capped stocks, saw 11 tickers gained. GAS of state-owned Petrovietnam Gas rose 4.6 percent to a new peak, having increased by 37 percent in the last three weeks. MSN of conglomerate Masan Group went up 3.7 percent to the highest in over a month.

    PLX of fuel distributor Petrolimex gained 3.2 percent to the highest in over a month. Sixteen blue chip stocks fell, with TPB of private TPBank losing 3.6 percent. STB of Ho Chi Minh City-based lender Sacombank dropped 3.1 percent, while NVL of real estate developer Novaland Group lost 1.5 percent.

    Foreign investors were net buyers to the tune of VND44 billion, mainly buying DPM of Petrovietnam Fertilizer & Chemicals Corporation and Binh Son Refining and Petrochemical Jsc (BSR).

    The HNX-Index at the Hanoi Stock Exchange, where mid and small caps list, was down 1.18 percent while the UPCoM-Index at the Unlisted Public Companies Market fell 0.29 percent.