Local stocks extend gains for a third straight dayFriday, March 15,2019
AsemconnectVietnam - Vietnamese shares ended Thursday on a positive note with extended growth among commercial banks, but stronger selling hindered the market’s short-term prospects.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange inched up 0.30 per cent to close at 1,008.44 points.
The three bank stocks rose between 1.6 per cent and 2.8 per cent on Thursday. They respectively have gained 6.9 per cent, 7.5 per cent and 3.6 per cent in the last three trading days.
According to Thanh Cong Securities JSC (TCSC), bank stocks played the main role to help the stock market maintain its uptrend on Thursday.
“Today’s liquidity slightly declined (from Wednesday) so investors were too cautious to buy in to high-price stocks while the rest of them were willing to hold on to their assets to take advantage of the market rally,” Sai Gon-Ha Noi Securities (SHS) said in its daily report.
Pepper export price decreased
Exports of cashew nuts decreased in first four months
Dairy industry to boost exports
Viet Nam forecast to face net imports of crude oil
Vietnam persists with socio-economic development targets
E-commerce: profitable platform for Vietnamese exports
Israeli companies study investment opportunities in Vietnam
Iron and steel imports in first four months of 2019
Viet Nam to become Asia’s next high-performing economy
Auto sales down despite of strong discounts
Mekong Delta fruit farmers enjoy bumper harvest, high prices
Exports in four months of 2019: 16 items reached over 1 billion USD in turnover
Exports of iron and steel increased in first four months
Cashew exports to China surge in April, but overall figures poor