As more investors locked in profits, the local market tumbled for the second straight session on Monday, pushing the VN-Index down by a hefty 14.25 points, or 2.88%, against last Friday to close at 480.02. MSN, VCB and VIC together shaved nearly eight points out of the total loss on the main index while GAS, the biggest constituent in the VN-Index, survived the downturn after announcing big earnings... 

Securities enterprises predicted that the market would enjoy a sharp rebound today after the VN-Index failed to hold important resistances last week, but then it will enter a deep correction phase. Last Friday, the market drifted to the downside throughout the morning and then dropped sharply in late afternoon, reminiscent of Wednesday’s ETF (exchange traded fund) driven sell-off. As the Wednesday’s... 

The local market gained ground for the second straight session on Monday as investors cheered the Government’s meeting on the establishment of the Vietnam Asset Management Company (VAMC), sending the VN-Index up 4.08 points, or 0.81%, against the previous day to close at 506.66. Volume and value on the southern exchange rose 7% and 15% against last Friday to 52 million shares worth over VND946 billion.... 

Securities firms said that the local markets will receive both good and bad news this month but there will be no information strong enough to set up a clear trend for both indices. The VN-Index closed the first week of April at 502.58, gaining 2.4% with improvement of 38% in turnover and 46% in foreign net inflows. The HNX-Index gained 1.2% to 61 with a 32% increase in trading value while foreign... 

The local market saw a steep decline in the second straight losing session on Thursday given concerns over suspensions of certain stocks, pushing the VN-Index down below the resistance of 500 points after just three days of staying above this level. The market seesawed in a narrow range before dropping back eight points and trading at this level until the end of the morning session. In the afternoon,... 

High demand and sharp rally of some large-caps gave a strong boost to the local stock market on Monday, lifting the VN-Index up to the highest level since February, 2011. The market opened flat, trading in a narrow range and gaining a few points, before embarking on a very sharp run to end the morning session well above 500 points already. In the afternoon, the index fell back a little before gaining... 

Securities enterprises predicted that the local stock markets would suffer further losses this week, explaining that investors have turned pessimistic given gloomy news of the macro economy. The VN-Index seesawed in the narrow range during last week while the HNX-Index saw up to four falling sessions. Investors maintained cautious trading given the lack of supporting news, making liquidity tumbling... 

Low gross domestic product (GDP) growth rate in the first quarter dampened sentiment on Wednesday as the market saw another flat trading session with liquidity falling further. After an early dip in the morning session, the VN-Index managed to inch up 1.8 points, or 0.37%, against the day earlier to 491.26. GAS, MSN and VCB contributed 3.78 points to the index while BVH, STB and VIC knocked off 1.22... 

After the widely expected cut to policy rates were announced, the local market staged a nice rebound on Monday, buoyed by large-caps such as BVH, VCB, VIC and VNM. The VN-Index advanced 3.58 points, or 0.73%, against last Friday to close at 493.57 but trading volume on the southern bourse plunged 30% to 38.3 million shares worth nearly VND909 billion. The Hanoi market also regained some ground while... 

Investors will scrutinize developments of the VN-Index this week as it is nearing the strong resistance of 500 points, say securities firms. If the index breaks above this level, the market may enter a more sustainable rally in the coming time and vice versa. The southern exchange saw strong fluctuations last week with three rising and two falling sessions. Large-caps played an important role in driving...