Shares rise for eightht consecutive session as cash flow increases

Shares recovered from early losses on Tuesday to inch upwards, marking the eighth consecutive gaining day as cash flow increased at the end of the session and pushed up many large-cap stocks.

Banking and securities stocks push markets up Shares had a good start on Monday, driven by banking and securities stocks but selling pressure at the end of trading session weighing on some individual large-cap stocks.

Banks, tech firms sustain market rally

Vietnamese shares made modest gains on Friday as strong growth of banks and tech firms neutralised increasing profit-taking pressure in consumer, retail and insurance stocks.

Strong cash flow pushes shares up

Shares rose on Wednesday thanks to a boost from heavy-weighed stocks, but selling pressure increased strongly at the end of the session narrowed the market rally.

Banks push bancassurance amid low credit growth

Banks are pushing the sale of life insurance products (bancassurance) in the context of low credit growth since the beginning of this year due to the impacts of the COVID-19 pandemic.

Shares end higher, boosted by large-caps’ gains Vietnamese shares gained for a second consecutive day after a late recovery on Tuesday, bolstered by a series of large-cap stocks.

Brokerage firms record US$71.8 million in trading profit Securities companies net-sold total VNĐ1.66 trillion (US$71.8 million) worth of Vietnamese assets in the past nine months.

Billions of banking stocks to flood market under dividend plans

Billions of banking stocks are about to flood the market with banks planning to pay stock dividends and issue new shares to raise their charter capital.

Banks target consumer loans for higher credit growth Commercial banks are trying to boost individual consumer loans, especially to home and car buyers, since credit growth had slowed due to low capital demand from businesses.

Shares to move up this week, despite some corrections

Vietnamese markets are forecast to experience some volatility with alternate corrections while moving upward next week, with strong support from heavy-weight stocks.