tk88 bet

Vietnamese stocks fall on correction pressure

The local stock market saw a narrow range of corrections on February 23 on the two exchanges, as investors increased sales on fears of a steeper fall.
Vietnamese stocks fall on correction pressure ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) - The local stock market saw a narrow range of corrections onFebruary 23 on the two exchanges, as investors increased sales on fears of asteeper fall.

Thebenchmark VN-Index on the HCM Stock Exchange sank for the first time in thepast four days, down 0.1 percent to close at 716.9 points.

Thesouthern market index gained 1.3 percent in the past three days and has climbed7.8 percent this year.

Onthe Hanoi Stock Exchange, the HNX-Index decreased for a second day, down 0.4 percentto end at 86.3 points. It edged down 0.3 percent on the previous day.

“Themarket is performed negatively today, with rising selling pressure at low-pricerange,” Tran Duc Anh, a stock analyst at Bao Viet Securities Co wrote in a reporton February 23.

Themarket breadth was pessimistic, with 258 stocks declining, 192 rising and 244remaining unchanged on the two exchanges.

Growthof large-cap stocks--like Sabeco (SAB), PV Gas (GAS), lender BIDV (BID), FPTCorp (FPT)--cushioned the market fall.

“Aftera long rally, the market will experience short-term corrections to relievesales pressure and to help valuations rise again,” Anh said.

Propertystocks were mixed. Some maintained rises, including FLC Group (FLC), up 6.4 percent;Dat Xanh Real Estate Service & Construction (DXG), up 1.2 percent; and TuLiem Urban Development (NTL), up 1.5 percent.

However,some stocks fell, including Novaland Investment (NVL), VinGroup (VIC) and Kinh BacCity Development (KBC).

Investmentsare pouring into garment stocks and lifting prices.

ThanhCong Textile Garment Investment Trading (TCM) hit the daily limit of 7 percenton the HCM City’s bourse while TNG Investment and Trading (TNG) and PhuThinh-Nha Be Garment (NPS) climbed 3.1 percent and 4.4 percent, respectively.

Accordingto many securities companies, investments are channeling to different stocks toseek new opportunities.

Liquidityremained high, with a total of 272.4 million shares worth a combined 4.2trillion VND (184.2 million USD) traded in the two markets.

Foreigninvestors continued to offload local shares on the HCM Stock Exchange,extending net sales value to 45 billion VND in the past two days. They remainednet buyers in Hanoi’s market for a small value of nearly 3 billion VND.-VNA
VNA
#stock market #investors #exchanges

See more

Participants in the congress held on June 19 to establish the Binh Duong Association of Supporting Industries (BASI). (Photo: VNA)

ꦡ Binh Duong sets up supporting industry association

The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
Pharmaceutical production at a company in Vietnam. (Photo: VNA)

ꦍ Vietnam’s pharma sector heats up with major M&A deals

PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

♑ Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
High-end apartment projects in Gamuda Gardens Urban Area in Hanoi are developed by Malaysian real estate group Gamuda Land. (Photo: VNA)

✃ OECD Economic Surveys: Vietnam 2025 report released

The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Vietnamese lychees make sweet impression on UK consumers (Photo: VNA)

Vietnamese lychees win over UK consumers

The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|{tk88 bet}|