Shares gain on banking and securities shares

Source: VNA

See the author's posts

14:07 | 06/10/2020 Finance Follow english.haiquanonline.com.vn on

Shares rose on Monday morning as securities and banking stocks attracted cash flow and supported market.

shares gain on banking and securities shares

The benchmark VN-Index on the Ho Chi Minh Stock Exchange added 0.24 per cent to 912.12 points.-Photo cafef.vn

The benchmark VN-Index on the Ho Chi Minh Stock Exchange added 0.24 per cent to 912.12 points.

The index had gained only 0.18 per cent from the previous week.

Nearly 270 million shares were traded on the southern bourse, worth VND4 trillion (US$172.8 million).

Securities and banking stocks made gains in the morning session to lift the market.

Major gainers in the sectors included SSI Securities (SSI), HCM City Securities (HCM), VietCapital Securities (VCI), VNDirect Securities (VND), FPT Securities (FTS), Bank for Investment and Development of Vietnam (BID), Vietinbank (CTG), HDBank (HDB) and Military Bank (MBB).

On the Ha Noi Stock Exchange, the HNX-Index was up 1.67 per cent to close Monday morning at 135.72 points.

More than 48.3 million shares were traded on the northern exchange, worth VND557 billion.

The afternoon trading session starts at 1pm.

Source: VNA

www.vir.com.vn

Tags:

Related News

Ensuring financial capacity of bonds issuers

11:09 | 26/12/2024 Finance

VCN - The Ministry of Finance is finalizing the draft Decree amending and supplementing Decree No. 155/2020/ND-CP detailing the implementation of a number of articles of the Securities Law. The amendment aims to continue to perfect the legal framework and overcome some shortcomings arising in the practice of the securities market.

Ensuring reasonableness upon enforcement of regulations in "1 law amending 7 laws"

00:00 | 19/10/2024 Regulations

VCN - According to the representative of the Vietnam Chamber of Commerce and Industry (VCCI), the Ministry of Finance and the National Assembly Committees are urgently collecting opinions to complete the draft Law amending seven Laws, to ensure that the issued regulations are reasonable and remove difficulties for businesses.

Important step to soon upgrade stock market

10:21 | 03/10/2024 Finance

VCN - According to experts, the Ministry of Finance's issuance of Circular No. 68/2024/TT-BTC dated September 18, 2024 is an important step in the process towards the goal of improving the quality of the Vietnam’s stock market.

Foreign institutional investors allowed to buy stocks without 100 percent pre-funding -trading

09:07 | 22/09/2024 Finance

VCN - The issuance of Circular 68/2024/TT-BTC by the Ministry of Finance is considered a solution to remove a major bottleneck in upgrading the stock market related to the abolition of the regulation on pre-trading margin requirement for foreign institutional investors.

Latest News

State Bank sets higher credit growth target for 2025

15:22 | 31/12/2024 Finance

The credit growth target for the banking system in 2025 has been set higher than in 2024.

Outlook for lending rates in 2025?

15:20 | 31/12/2024 Finance

VCN - The economy is forecast to continue to recover strongly from the end of 2024 to 2025, helping credit demand increase rapidly, but lending interest rates may also be under increasing pressure.

Tax policies drive strong economic recovery and growth

07:55 | 31/12/2024 Finance

VCN - Far more than just a revenue-collection agency, the Tax Department has played a pivotal role in creating a transparent, equitable, and business-friendly environment. These efforts have not only contributed to macroeconomic stability but also fueled recovery and development for businesses, individuals, and households.

E-commerce tax collection estimated at VND 116 Trillion

07:54 | 31/12/2024 Finance

VCN - According to data from the General Department of Taxation, taxes declared and paid directly by foreign suppliers via the electronic portal in 2024 amounted to VND 8.687 trillion, equivalent to 126% of the previous year’s total and a 74% increase compared to current appropriation.

More News

Big 4 banks estimate positive business results in 2024

13:49 | 30/12/2024 Finance

One of the country’s biggest banks expects results to be the best for four years.

Flexible and proactive when exchange rates still fluctuate in 2025

11:03 | 30/12/2024 Finance

VCN - In the last days of 2024, as many forecasts, the US Federal Reserve (Fed) continued to cut interest rates, pushing the USD index up, creating pressure on domestic exchange rates. Therefore, domestic exchange rate management policies need to continue to be flexible and appropriate, thereby supporting businesses in import and export.

Issuing government bonds has met the budget capital at reasonable costs

14:25 | 29/12/2024 Finance

VCN - According to the State Treasury's report, capital mobilization through the issuance of government bonds has ensured mobilization to meet the capital needs of the state budget at reasonable costs.

Bank stocks drive market gains as VN-Index closes final Friday of 2024 on a positive note

17:59 | 28/12/2024 Finance

Việt Nam’s stock market ended the final Friday of 2024 on a positive note, with banking stocks leading the rally and VN-Index successfully surpassing the 1,275-point mark.

Banks still "struggling" to find tools for handling bad debt

13:47 | 28/12/2024 Finance

VCN - According to financial experts, the rising trend in bad debt continues to pose significant challenges to debt resolution and recovery efforts at credit institutions (CIs).

Forecast upbeat for banking industry in 2025

14:30 | 27/12/2024 Finance

In a recent report, ACB Securities Companies analysts said that the net interest margin (NIM) of banks in 2025 will increase by five basis points over 2024.

Finance ministry announces five credit rating enterprises

14:54 | 25/12/2024 Finance

One more company has been granted the certificate of eligibility since August.

The capital market will see positive change

09:44 | 25/12/2024 Finance

VCN – Vietnam’s capital market has more balanced, harmonious and sustainable. However, besides the achievements, the market still faces many potential challenges. In order for the capital market to become an effective and sustainable capital mobilization channel, further improving the quality of goods and diversifying investors in the market is a key direction.

Corporate bond issuance value rises by 60 per cent

13:51 | 24/12/2024 Finance

In the first 11 months of 2024, the total value of corporate bond issuances reached nearly VNĐ403 trillion, a 60 per cent increase year-on-year.

Your care

Latest Most read

State Bank sets higher credit growth target for 2025

15:22 | 31/12/2024 Finance

The credit growth target for the banking system in 2025 has been set higher than in 2024.

Outlook for lending rates in 2025?

15:20 | 31/12/2024 Finance

VCN - According to the SBV, in managing interest rates in 2024, the SBV will continue to maintain the operating interest rates amid the global world interest rates remaining at high levels.

Tax policies drive strong economic recovery and growth

07:55 | 31/12/2024 Finance

Far more than just a revenue-collection agency, the Tax Department has played a pivotal role in creating a transparent, equitable, and business-friendly environment.

E-commerce tax collection estimated at VND 116 Trillion

07:54 | 31/12/2024 Finance

According to data from the General Department of Taxation, taxes declared and paid directly by foreign suppliers via the electronic portal in 2024 amounted to VND 8.687 trillion

Big 4 banks estimate positive business results in 2024

13:49 | 30/12/2024 Finance

One of the country’s biggest banks expects results to be the best for four years.

Outlook for lending rates in 2025?

15:20 | 31/12/2024 Finance

VCN - According to the SBV, in managing interest rates in 2024, the SBV will continue to maintain the operating interest rates amid the global world interest rates remaining at high levels.

Flexible and proactive when exchange rates still fluctuate in 2025

11:03 | 30/12/2024 Finance

In the last days of 2024, as many forecasts, the US Federal Reserve (Fed) continued to cut interest rates, pushing the USD index up, creating pressure on domestic exchange rates.

E-commerce tax collection estimated at VND 116 Trillion

07:54 | 31/12/2024 Finance

According to data from the General Department of Taxation, taxes declared and paid directly by foreign suppliers via the electronic portal in 2024 amounted to VND 8.687 trillion

Issuing government bonds has met the budget capital at reasonable costs

14:25 | 29/12/2024 Finance

VCN - In summary of 2024, the State Treasury report said that in the context of many fluctuations in the global economic situation, the disbursement rate of domestic public investment capital is still slow, and the state budget balance is high, the State

Tax policies drive strong economic recovery and growth

07:55 | 31/12/2024 Finance

Far more than just a revenue-collection agency, the Tax Department has played a pivotal role in creating a transparent, equitable, and business-friendly environment.