Vietnam’s benchmark VN Index ended November with a volatile session with more than half of the blue chips closing in negative territory due to investors’ worries about the market’s prospect.
Investors at Bao Viet Securities Company (BVSC) (Photo: VNA)
Hanoi (VNA) – ♎Vietnam’s benchmark VNIndex ended November with a volatile session with more than half of the bluechips closing in negative territory due to investors’ worries about themarket’s prospect.
The benchmark index on the Ho ChiMinh Stock Exchange narrowed its declining rate from as much as 0.61 percent to0.03 percent at the end of the day, finishing at 926.54 points. The southern market index has losttotal 0.40 percent in the last two trading sessions but posted a weekly gain of0.93 percent. The HNX Index on the Hanoi StockExchange rallied for a third trading day, rising 0.63 percent to finish at104.82 points. The northern market index hasincreased by total 1.57 percent after the last three sessions and the three-dayrally has helped the market index close up 0.53 percent week on week. The VN Index rose a total of 1.29percent in November while the HNX Index has fallen total 0.50 percent duringthe month. Large-cap stocks dominated themarket movement on November 30, Bao Viet Securities Company (BVSC) said in anote. The VN30 Index had the similar pattern with the benchmark VN Index.
The large-cap VN30 Index ended thesession down 0.31 percent at 894.79 points, narrowing its decline as much as0.80 percent.
🥀 Nearly 193 million shares weretraded on the two exchanges, worth 4.56 trillion VND (202.7 million USD).
Trading figures on November 30 wereup 21.4 percent in volume and 36 percent in value compared to the previous day. Foreign investors posted 22.7billion VND in net buy value, which was down more than 78 percent from November29’s number.-VNA
After suffering for nine consecutive sessions, strong rebounds of the benchmark VN Index last week raised hopes for a short-term recovery with forecasts predicted to touch 940-950 points this week.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) inched up 0.67 point to settle at 925.53 points on November 5, driven by petroleum and banking stocks.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose by 3.83 points to 918.12 points by the end of November 12, driven by petroleum and securities stocks.
Market indexes and liquidity suffered a sudden fall in the final trading session last week, meaning that negative signals started to appear following a period of recovery.
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