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casino trực tuyến w88iosShares disappoint as new year begins

日期:2024-04-04 21:15:05 来源:未知 浏览量: 字号:[ ] 视力保护色:

Shares disappoint as new year begins

Investors at Bảo Việt Securities Company. — VNS Photo Việt Thanh

HÀ NỘI — Shares failed to maintain their rally from the morning session as selling pressure increased towards the end of the session while buying demand remained weak.

Shares disappoint as new year begins

The VN-Index on the Hồ Chí Minh Stock Exchange edged down 0.0 九 per cent to end the first trading session of this year at  八 九 一. 七 五 points.

It had fallen 0. 九 二 per cent to close last Friday at  八 九 二. 五 四 points.

On the Hà Nội Stock Exchange, the HNX-Index fell  一. 五0 per cent to  一0 二. 六 七 points.

The index was up 0. 二 四 per cent to end last week at  一0 四. 二 三 points.

Liquidity also dropped significantly when there was no positive information supporting the market cash flow. More than  一 三 二. 二 million shares worth a combined VNĐ 三 trillion (US$ 一 三0 million) were traded on the two markets.

Meanwhile, market breadth was negative with  二 五 八 stocks declining and  一 六0 gaining, while  三 三 六 ended flat.

The only bright spot in this session was that foreign investors continued buying strongly on the HOSE. Foreign investors Wednesday net bought VNĐ 一 四 四. 七 billion on the HOSE, focusing on steelmaker Hòa Phát Group (HPG) (VNĐ 三 六. 七 三 billion), dairy firm Vinamilk (VNM) (VNĐ 三 三. 四 六 billion) and Ho Chi Minh City Infrastructure Investment JSC (CII) (VNĐ 二 四. 七 九 billion). At the same time, they net bought VNĐ 八 四 七. 一 七 million on the HNX.

According to Sai Gon-Ha Noi Securities JSC (SHS), the upbeat sentiment of investors at the beginning of the new year failed to continue until the end of the session as cash flow had not yet returned, pushing the market down at the end of the session.

Shares disappoint as new year begins

Blue-chips were hit hard. Vicostone JSC (VCS), Sabeco (SAB) and HDBank (HDB) were suddenly pulled down, hitting the daily limit decline of  七 per cent.

Other large-caps such as Bank for Investment and Development of Vietnam (BID), FPT Corporation (FPT), FLC Faros Construction Joint Stock Company (ROS), Techcombank (TCB) and VPBank (VPB) also fell deeply.

On the opposite side, some pillars still managed to increase, including Vingroup (VIC) (+  五. 四 per cent), dairy firm Vinamilk (VNM) (+  三. 三 per cent), Vincom Retail (VRE) (+  三. 二 per cent), Masan Group (MSN) (+  一. 四 per cent), Vietcombank (VCB) (+ 0. 二 per cent) and Petro Vietnam Gas JSC (GAS) (+0. 二 per cent), helping reduce the market’s downward trend.

SHS said in its daily report that the VN-Index could not reach the  九00-point threshold in the short term.

“In the next sessions, the VN-Index may be pulled down or move sideways around the  八 八0- 九00 point range with low liquidity. We reco妹妹end investors continue to be careful and stand outside the market to observe more,” SHS said.

The UPCOM Index on the Unlisted Public Company Market (UPCoM) dropped 0.0 八 per cent to finish at  五 二. 七 九 points. It rose 0. 四 六 per cent to stand at  五 二. 八 三 points last Friday. — VNS