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Stocks rise to over 390 points

Feb 02, 2012, 8:38 PM (GMT+7)
The local market made a slight gain in the third straight rising session on Wednesday given sudden late rebound of some large caps. The VN-Index rose 2.7 points, or 0.7%, from the session earlier to close at 390.67. The market opened just into the black and fell sharply from the second phase. Having hit a low of 383.05 points, it reversed direction and recovered all the lost ground before closing... 

Market ends the month up

Feb 01, 2012, 10:39 PM (GMT+7)
The local market kept rising in the final session of January on Tuesday but at a modest pace given falling demand towards the end of the session. The VN-Index gained 3.03 points, or 0.79%, against the day earlier to close at 387.97. Liquidity on the southern exchange sharply improved with 39 million shares worth VND509 billion traded, soaring 80% and 72% from the previous session respectively. The... 

VN30 Index applicable on February 6

Jan 31, 2012, 9:37 PM (GMT+7)
The Hochiminh Stock Exchange (HOSE) on Monday announced 30 stocks to be put in an official “basket” to calculate the VN30 Index that will be applicable on February 6. VN30 Index includes 30 stocks listed on HOSE with largest market capitalization and highest liquidity. This group of stocks account for about 80% of total capitalization and 60% of the total transaction value of the market. HOSE... 

Market soars sharply after Tet

Jan 31, 2012, 9:09 PM (GMT+7)
The local market on Monday staged an impressive gain on the first trading day after the long Lunar New Year holiday, or Tet, as a large number of stocks hit their ceiling prices, bringing the VN-Index up a hefty 11.94 points, or 3.2%, against the session earlier to close at 384.94. The market opened just in the black, suffered the briefest of dips before reversing direction and moving steadily higher... 

Uptrend expected to continue after Tet

Jan 30, 2012, 8:26 PM (GMT+7)
Securities enterprises expected the local market to continue moving up after the week-long traditional Lunar New Year holiday as investor sentiment improved thanks to many rising sessions in a row earlier. In the last trading session before Tet, the VN-Index ended its nine-day winning streak as the gauge lost 0.43 point, or 0.12%, to close at 373 points, just below the resistance line of 375 points.... 

Deadline Ticking Away

Jan 22, 2012, 9:14 PM (GMT+7)
In line with Vietnam’s World Trade Organization (WTO) commitments, wholly foreign-owned securities firms and fund management companies will be allowed to operate in Vietnam from January 1, 2012. The question is whether these foreign businesses are interested in this prospect given the current economic gloom. Besides, what should domestic firms and management agencies do to make optimal use of this... 

Stocks rise for seventh straight day

Jan 18, 2012, 8:15 PM (GMT+7)
Though a majority of stocks lost and liquidity sharply declined, the local market rally extended to the seventh straight session on Tuesday, with the VN-Index inching up a slight 0.99 point, or 0.28%, from the day earlier to close at 358.86. The market opened just in the red before moving up and hitting a high of 363.5 points at the end of the second phase. It then fell back and lost three points... 

Liquidity seen low this week: brokers

Jan 16, 2012, 8:45 PM (GMT+7)
Although the VN-Index staged a sharp recovery last week, securities firms expect the local market to move in a narrow range with low liquidity this week as investors could reduce trading ahead of next week’s Tet holidays. The market notched its first five-day positive run since September last week with the VN-Index gaining 17.6 points, or 5.22%, against the previous week to close at 354.33. However,... 

Stocks extend gains to fourth day

Jan 13, 2012, 8:23 PM (GMT+7)
The local market extended its gains to the fourth day on Thursday as a number of large caps like BVH, HPG and MSN rallied, with the VN-Index rising a slight 0.68 point, or 0.2%, from the day earlier to close at 348.11. The market opened just in the black and moved in a narrow range above Wednesday’s close all day. It hit a high of 349 points at one stage before ending the day just over a point below... 

Large-caps lift VN-Index up

Jan 12, 2012, 8:38 PM (GMT+7)
Although liquidity continued to decline, the local market secured a mild rally in the third straight rising session on Wednesday as two top blue-chips of BVH and MSN hit their ceiling prices, lifting the VN-Index up 2.75 points, or 0.8%, against the previous day to 347.43. The market opened in the black and quickly moved even higher to reach the daily high of 349.45 points before falling back a couple... 
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