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... 

As investors turned impatient given unforeseen developments in recent weeks, the local markets saw a sharp decline on Monday with both indices tumbling through their resistance levels. The southern exchange opened the week up thanks to heavyweights MSN, VIC and GAS but momentum gradually faded towards the end of trading, especially under intense selling pressure during the closing phase. The loss... 

The local market opened the week with a retreat in both the index and liquidity on Monday as buyers were cautious of the recent rally of the VN-Index and sellers turned more active towards the end of the day. MSN, GAS and BVH were the main forces to pull the VN-Index into the winning territory. The big three’s advance, especially GAS, in part explained why there were moments the VN-Index was positive... 

Despite the rising selling pressure, the local market surpassed the strong resistance of 430 points in the ninth consecutive rising session on Monday, with the VN-Index gaining an impressive 8.13 points, or 1.91%, to close at 434.19. The VN-Index’s sharp gains were led by blue-chips, especially those with strong foreign participation. That explained the impressive gain of 2.2% of the VN30 index... 

Despite the low consumer price index in November, investors still stood on the sidelines last week as the VN-Index and average daily trade on the southern bourse were lower than the previous week. With four falling and one rising session, the VN-Index lost a combined 4.01 points last week and hit 381.7 on Friday. A familiar scenario of moving in a narrow range of the VN-Index expanded last week as... 

After fluctuating strongly as investors were concerned about high September inflation, the local market managed a modest rise in final minutes of Wednesday’s session, with the VN-Index inching up 0.04 point, or 0.01%, against the previous day to close at 394.55. On the Hochiminh Stock Exchange, there were 44.8 million shares worth VND697 billion changing hands at the end of the day, rising by... 

A rapid decline in the consumer price index and imports in July is seen as a major cause of selling pressure building up, with stocks plunging on Tuesday. The VN-Index was down 6.36 points, or 1.51%, from a day earlier to close at 415.63. Stocks lost in early trade and then hit the day’s high of 420.62 before drifting lower steadily in the rest of the morning session. In the afternoon, trading saw... 

As investors remained pessimistic on the market outlook, bearish sentiment continued to drag stock prices down on Wednesday, marking the third losing session in a row while liquidity tumbled to a five-month low. The VN-Index lost 2.36 points, or 0.57%, against the day earlier to close at 410.73. The market opened just in the black and rose several points to hit a daily high of 416.03 and then in a... 

The stock market cheered a week of rises despite a gloomy start on Monday. Toward the end of the week, investors increased their bargain-hunting on news of a tighter cap on deposit interest rates paid by commercial banks, widely blamed for keeping commercial lending rates high. The news was not only expected to improve investor confidence in the stock market but also to encourage people to reduce... 

The Hanoi Stock Exchange (HNX) has plans to launch the HNX30 Index into operation in this quarter to meet increasing demands of investors and the market. Like the VN30 Index for the southern bourse, the HNX30 Index will track the movements of the 30 leading shares by market capitalization and liquidity. Its calculation methods rely on the free float rate, meaning shares that are freely transferable,...