Vietnam’s stock market witnessed a tug-of-war session on May 19th. The VN-Index closed down 5.1 points to 1,296.29. In foreign exchange trading, foreign investors continued to sell a net of over VND 540 billion in the market.
Securities companies bought a net of VND 77 billion on the HoSE.
Specifically, securities companies net bought EIB and FPT with respective values of VND 60 billion and VND 44 billion. PNJ was also net bought for VND 18 billion. Other stocks that were net bought include VHM, GMD, and VRE…
On the other hand, securities companies net sold the FUEVFVND fund certificate the most, with a value of VND 70 billion. This was followed by HPG and VPB, which were net sold for VND 40 billion and VND 36 billion, respectively. Other stocks that were net sold in today’s session include VIB, MWG, SHB, and DGC..
Market Beat: VN-Index Fails to Hold 1,300 Points
The market closed with the VN-Index down 5.1 points (-0.39%) to 1,296.29, while the HNX-Index fell 1.45 points (-0.66%) to 217.24. The sell-side dominated today’s trading with 452 declining stocks versus 287 advancing stocks. Within the VN30 basket, 24 stocks decreased, 4 increased, and 2 remained unchanged, resulting in a sea of red.
“Left in the Lurch: The Tale of Privately Placed Shares”
The Binh Duong Business and Development JSC intended to offer 35 million shares, but 7,772,000 shares remained unsold. The Kien Giang Construction Investment Consulting Group JSC has requested a 30-day extension to distribute the unsold shares from the approved plan during the public offering.
The Bamboo Capital Group’s Shares Soar: Up 44.4% in 4 Days After a Slump Triggered by the Prosecution of Key Executives
The positive turn of events has breathed new life into the Bamboo Capital stock group, which had been reeling under intense selling pressure.
Market Beat: Foreign Investors Scoop Up VIC Shares, VN-Index Recaptures Green
The market regained its positive momentum, led by a few key stocks. By the end of the morning session, the VN-Index rose slightly by 0.12%, reaching 1,302.97. In contrast, the HNX-Index fell by 0.38% to 217.85. Despite the overall gain, the market breadth remained tilted towards decliners, with 369 stocks falling against 276 advancing ones.
The Top 10 Best-Performing Stocks: New Kid on the Block Creates Waves, a State-Owned Enterprise Stock Soars by Almost 60%
Vinpearl tops the leaderboard of stocks with the strongest gains, surging across four consecutive sessions, three of which hit the ceiling price.
