Monday, August 26 2019

VietNamNews

VN stocks mixed as investors wait

Update: July, 31/2019 - 15:19

 

Investors at BIDV Securities Corp's trading office. — Photo tinnhanhchungkhoan.vn

HÀ NỘI — Vietnamese shares closed Wednesday morning on a mixed note as traders were still looking for profits rather than making investments.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.31 per cent to close at 989.04 points.

The VN-Index lost 1.19 per cent on Tuesday.

The HNX-Index on the Hà Nội Stock Exchange fell 0.37 per cent to end at 104.04 points.

The HNX-Index dropped 0.82 per cent on Tuesday.

Nearly 105 million shares were traded on the two local exchanges, worth VNĐ2.87 trillion (US$123.5 million).

Selling pressure persisted as investors were kept on edge by two key two-day events on international markets, namely the Fed meeting and the US-China trade talks.

On the southern market, despite gaining, declining stocks outnumbered gainers by 165 to 117. On the Hà Nội market, there were 71 declining stocks and 52 gaining ones.

Large-cap stocks made slight gains, pushing the large-cap group VN30-Index up 0.22 per cent to 879.86 points.

Among gaining large-cap stocks were Vinhomes (VHM), retailer Mobile World (MWG), steel producer Hoà Phát (HPG) and PetroVietnam Gas (GAS).

Afternoon trading starts at 1pm. — VNS

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