Update: June, 30/2021 - 06:47 | Transactions at Sacombank (STB). STB rose 2.7 per cent on Tuesday. VNA/VNS Photo HÀ NỘI - Vietnamese stock markets ended Tuesday on a positive note, largely led by gains in financial shares and heavy-weight stocks. On the Hồ Chí Minh Stock Exchange, the VN-Index increased 0.30 per cent to close at 1,410.04 points. It had risen 1.13 per cent to close Monday at 1,405.81 points. More than 647 million shares worth VNĐ21.3 trillion ($295.2 million) were traded on the southern exchange on Tuesday. The VN30 which tracks the top 30 largest shares by market value and liquidity successfully reached a new milestone of 1,529.97 points as half of the stocks in the basket gained value.
VIETNAM BUSINESS NEWS JUNE 3 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
03/06/2021 12:20 GMT+7
Stock market hits historic peaks
Vietnam’s benchmark VN-Index rose 3 points on June 3 to reach a record-high of 1,340.78 points.
Liquidity on the Ho Chi Minh Stock Exchange (HOSE) also posted a new record of nearly 26.14 trillion VND (1.13 billion USD).
The southern bourse saw 222 codes rising, 187 codes declining, and 49 remaining unchanged.
The HNX-Index on the Hanoi Stock Exchange, meanwhile, rose 3.58 points to 322.05 points, also a new high.
Liquidity stood at more than 4.41 trillion VND. It had 112 codes increasing, 79 declining, and 80 staying flat.
VIETNAM BUSINESS NEWS MAY 11 Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
11/05/2021 14:09 GMT+7
Vietnam would continue to be world’s second largest rice exporter: US department
The US Department of Agriculture (USDA) has forecast that Vietnam would maintain its position as the world’s second biggest rice exporter this year.
According to the department, Vietnam will export 6.4 million tonnes of rice in 2011, an increase of 233,000 tonnes compared the volume recorded in the previous year.
It is likely that India will remain the largest rice exporter in the world, with 15.5 million tonnes rice shipped abroad this year. Thailand will rank third with an estimated export volume of 6.1 million tonnes.
Margin loans to securities firms on rise 09:00 | 10/03/2021
Margin loans are taking off, with banks sponsoring securities firms, photo Le toan
A variety of stimulative efforts by the Vietnamese government to support the domestic economy has consequently created a springboard for stocks to surge. The fear of missing out has also pushed many local and foreign banks to allocate more funds into brokerages under the so-called margin loans, thus giving investors greater buying power.
The financial statements of 25 securities firms with large outstanding loan balances to customers showed that as of the end of 2020, their total debts reached VND84.97 trillion ($3.66 billion), an increase of 48.9 per cent against the beginning of the year and up 24.9 per cent against the third quarter of 2020. Meanwhile, short-term loans from banks were VND76.85 trillion ($3.31 billion), up 65 per cent against the beginning of this year and 28.6 per cent compared with thre
Market inches higher as VN-Index reverses course 11:05 | 06/03/2021
Shares edged higher on the last trading day of the week as the VN-Index pared losses.
PV Power s Vung Ang II thermal power plant, Ha Tinh Province. The company shares surged on Friday, hitting the maximum daily gain of 7 per cent. - VNS/VNA Photo
On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index rose 0.01 per cent to finish Friday at 1,168.69 points. The index extended the previous losses in the morning session, down 0.22 per cent.
The market breadth turned positive as 264 stocks increased while 169 stocks dropped. And 67 stocks ended flat. More than 594.8 million shares were traded Friday, worth nearly VND15 trillion.