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Tag: VN-Index

VN-Index sags on slow Christmas

December 26, 2008  . Filed under Business, News

VN-Index sags on slow Christmas

VietNamNet Bridge – The VN-Index yesterday slid 1.86 points, or 0.61 per cent, to close its Christmas Day session at 302.19. In Ha Noi yesterday, the HASTC-Index closed up 0.59 per cent to 104.97 points, on a volume of 7.3 million shares and a turnover of VND288.5bil.Trading volume shriveled 22.7 per cent to only about 9 million shares for a total value... Read more

VN-Index repeats last week’s gains

December 23, 2008  . Filed under Business, News

VN-Index repeats last week’s gains

VietNamNet Bridge – The VN-Index extended last week’s modest rally by adding 2.79 points yesterday to close at 310.05. The rise came as the State Bank of Viet Nam announced that it was lowering the prime interest rate to 8.5 per cent, a cut of 1.5 percentage points. Foreign investors yesterday were net sellers of about 629,000 shares, with a net sales... Read more

VN-Index tracks regional markets

December 19, 2008  . Filed under Business, News

VN-Index tracks regional markets

VietNamNet Bridge – The VN-Index gained ground again yesterday, closing up 1.55 per cent to end the trading session at 305.56. Volume on the day was 11.44 million shares worth a total of VND283 billion (US$16.8 million). In Ha Noi yesterday, the HASTC-Index also rose 0.83 per cent to end the day at 108.22, although trading volume of 5.83 million shares... Read more

VN-Index perks up on news of US Fed rate cut

December 18, 2008  . Filed under Business, News

VN-Index perks up on news of US Fed rate cut

VietNamNet Bridge – The fluctuating VN-Index yesterday poked its head back up above 300, gaining a modest 4.60 points, or 1.55 per cent, to close at 301.02. In Ha Noi yesterday, the HASTC-Index also gained a modest.0.82 per cent to end the day at 107.44, with 86 advancers and 42 codes declining.Strong performance by blue chips like PetroVietnam Finance... Read more

VN-Index drops to below 300 points on IFC’s announcement

December 16, 2008  . Filed under Business, News

VN-Index drops to below 300 points on IFC’s announcement

VietNamNet Bridge - The International Finance Corporation (IFC)’s announcement of its intention to sell over 16 million shares or half of its common stock in Sacombank had negative impacts on the market in today’s session. VN-Index closed down 11.86 points or 3.85% at 296.42 on Tuesday.VietNamNet Bridge - The International Finance Corporation (IFC)’s... Read more

VN-Index falls through 300-point psychological barrier

December 6, 2008  . Filed under Business, News

VN-Index falls through 300-point psychological barrier

VietNamNet Bridge – The VN-Index continued its downward spiral to finally break through the psychological barrier of 300 points during the Dec. 5 trading session at the Ho Chi Minh Stock Exchange. The last session of December’s first week of trading closed at 299.68, losing 8.92 points or 2.89 percent. The last session of December’s first week... Read more

VN-Index recovers from mid-week slump

December 1, 2008  . Filed under Business, News

VN-Index recovers from mid-week slump

VietNamNet Bridge – Depressed investor sentiment drove the VN-Index down to a three-year low in the middle of last week before a rally on Friday brought the market to only a modest overall loss on the week. The Index was down 4.22 points to 314.74, a loss of just 1.3 per cent from the previous Friday’s close.The Index was down 4.22 points to 314.74,... Read more

VN-Index plunges to three-year low

November 27, 2008  . Filed under Business, News

VN-Index plunges to three-year low

VietNamNet Bridge – The VN-Index hit a three-year low yesterday, while the Ha Noi market hit its lowest level ever, despite the Government’s announcement late in the previous trading day that the nation’s inflation rate had slowed for a second consecutive month. Ha Noi shares sunk to an all-time low of 99.56 points in yesterday’s trading.The... Read more

New share issues weigh on VN-Index

November 13, 2008  . Filed under Business, News

New share issues weigh on VN-Index

VietNamNet Bridge – Global economic uncertainty and a surfeit of new share listing continued to be a drag on the domestic stock market yesterday, with the VN-Index sliding 9.38 points, or 2.67 per cent, to close at 342.33. Viet Nam International Securities (VIS) Co analysts said negative developments globally were continuing to impact the local exchange.With... Read more

VN-Index drops as new shares flood market

November 12, 2008  . Filed under Business, News

VN-Index drops as new shares flood market

VietNamNet Bridge – A wave of sell-offs overwhelmed buys on the HCM City Stock Exchange yesterday, causing share prices to slump. Some analysts expressed worries that new or additional listing at this time might add to the current oversupply of shares and negatively affect the market in the short term.The VN-Index shed 14.29 points, or 3.9 per cent, to... Read more

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