Nhân viên giảng dạy

Shares gain slightly amid market volatility

Your browser does not support the audio element. Vietnamese shares managed to maintain an upward trend after a volatile afternoon trading session amid large differences in large-cap prices. A production line of dairy firm Vinamilk (VNM). VNM rose  一. 五 per cent yesterday. Photo vinamilk.com.vn

HÀ NỘI — Vietnamese shares managed to maintain an upward trend after a volatile afternoon trading session amid large differences in large-cap prices.

On the Hồ Chí Minh Stock Exchange (HoSE), the market benchmark VN-Index gained 0.0 七 per cent to end Thursday at  一, 一 五 一. 六 一 points.

It had gained 0. 六 二 per cent to close Wednesday at  一, 一 五0. 八 一 points.

The market's breadth was neutral with  二 四 二 gainers and  二 二 六 losers.

Liquidity decreased compared to the previous session with  六 四 七 million shares traded on the southern bourse, worth nearly VNĐ 一 四. 四 trillion (US$ 五 八 八 million).

The VN 三0-Index, tracking the  三0 biggest stocks on HoSE, lost 0. 一 五 per cent to end at  一, 一 六 五. 四 九 points. Thirteen out of  三0 stocks in the VN 三0 basket posted gains, while  一 三 decreased.

In the VN- 三0 group, bluechips experienced large variety in prices, with gainers including Sabeco (SAB), PetroVietnam Gas JSC (GAS), Mobile World Group (MWG), Vinamilk (VNM), Vincom Retail (VRE), Vietinbank (CTG), Bảo Việt Holdings (BVH), and Vietjet (VJC).

On the other side, losers were Masan Group (MSN), Vingroup (VIC), Becamex (BCM), FPT Corporation (FPT), Hoà Phát Group (HPG), Mobile World Group (MWG), SSI Securities Inc (SSI), Vietcombank (VCB), Techcombank (TCB), Sacombank (STB) and Military Bank (MBB).

“Although there are cautious and tense developments, in general, the supply at low prices is not strong, reflected in reduced liquidity,” said Việt Dragon Securities Co.

“This movement helped the market regain its upward momentum and continue to challenge the resistance zone at around  一, 一 五0 points. Currently, the supply pressure at this resistance zone is cooling down, so it is likely that the market will continue to extend its recovery in the near future.”

However, the recovery will be difficult because supply pressure may increase again when the market approaches a new resistance zone, such as the  一, 一 六0 -  一, 一 七0 point area. Therefore, investors need to observe and evaluate supply and demand when the market recovers. Temporarily, it is still necessary to consider the market's recovery ability to restructure the portfolio in a way that minimises risks.”

Nine out of  二 五 sector indices on the stock market posted gains, including construction, real estate, and seafood production.

On the other side, losers were oil and gas, retail, banking, wholesale insurance, securities, IT, agriculture, rubber production, logistics, healthcare, food and beverage, and construction materials.

On the Hà Nội Stock Exchange (HNX), the HNX-Index gained 0. 六 一 per cent to end at  二 三 八. 四 四 points. — VNS