Bank stocks rising on back of bright prospects 10:00 | 01/03/2021
The results of 2020 business and 2021 outlook support the rise of bank stocks
Ending the last session of February, the VN-Index stood at 1,168.47 points, corresponding to an increase of 111.86 points (10.59 per cent) compared to the previous month. The HNX-Index increased by 35.01 points (16.3 per cent) to 249.22 points. The UPCoM-Index also increased 4.56 points (6.33 per cent) to 76.64 points.
Large-cap stocks recovered well in February as only the NVL ticker of Novaland decreased by 0.7 per cent. Meanwhile, as many as 14 other stocks in this group increased by over 15 per cent. The shares of VPBank (VPB), rose the most among the top 30 by market capitalisation with over 33 per cent. Following that, Thaiholdings (THD) also increased by 26 per cent and was a key factor helping the HNX-Index continue to break out recently.
Huge volume of new shares, record liquidity put HoSE system under pressure Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
16/01/2021 13:49 GMT+7
The HCM City Stock Exchange (HoSE)’s technical system was under significant pressure with billions of new shares recently listed and to be listed on the bourse and huge cash inflow which boosted the market liquidity to record levels.
The volume of shares listed on the HCM City Stock Exchange would increase strongly as billions of shares would be listed on the southern bourse soon. File Photo
The market liquidity set new record levels in recent weeks which helped the index increase strongly. This caused the southern bourse to run into technical problems recently, although the standard lot was raised from 50 to 100 shares.
Market ends mixed, VN-Index recovers from morning loss 11:14 | 15/01/2021
Customers perform transactions at a VPBank transaction office. - Photo VPBank
The VN-Index on the Ho Chi Minh Stock Exchange increased by 0.11 per cent after a decline in the morning trading session. The index ended an eight-day rally on Wednesday, sliding away from a historic level of 1,204 points. At the end of the trading day, 258 stocks rose with 37 hitting the intra-day limit growth of 7 per cent, while 173 declined.
Sectors witnessing gains included finance and insurance, construction and real estate, production, IT and retail.
On the southern bourse, more than 779 million shares were traded, worth nearly VND17.1 trillion.