tải 68 game bài计划Large-cap stocks drive VN-Index up in early earnings season

Large-cap stocks drive VN-Index up in early earnings season

HÀ NỘI – Vietnamese shares advanced on Tuesday as attention shifted to companies with good earnings prospects amid a lack of supportive information.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0. 五 二 per cent to close at  九 八 八. 二 二 points.

The VN-Index lost 0. 四 六 per cent on Monday.

More than  一 七 八. 三 million shares were traded on the southern bourse, worth VNĐ 三. 五 六 trillion (US$ 一 五 三 million).

Banks, securities firms, retail and technology companies were the main drivers of the stock market.

The four sector indices were up between  一 per cent and  二 per cent, data on vietstock.vn showed.

All large-caps in the four sectors advanced, including Vietcombank (VCB), Bank for Investment and Development of Vietnam (BID), Techcombank (TCB), VPBank (VPB), SSI Securities (SSI), HCM City Securities (HCM), Viet Capital Securities (VCI), FPT Corp (FPT) and Mobile World Investment Corp (MWG).

These companies were the centre of attention on Tuesday due to their third quarter earnings prospects, Thành Công Securities Co (TCSC) said in its daily report.

Some banks were also among the first to report their third quarter earnings.

Vietcombank reported earnings of VNĐ 一 七. 五 二 trillion in pre-tax profit over nine months, up  五 一 per cent year-on-year.

Sacombank (STB) reported nearly VNĐ 二. 五 trillion worth of pre-tax profit in the same period, seeing growth in all of its key activities. TPBank (TPB) earlier announced its nine-month pre-tax profit had grown  五0 per cent to VNĐ 二. 四 trillion.

Other industries that also progressed included real estate, insurance and building materials.

Despite the focus on these sectors, investors remained cautious due to little supportive news that could boost the market’s overall sentiment, TCSC said.

Key factors include the US-China trade talks this week. Investors are eyeing the negotiations to see if the two largest economies in the world can come up with a deal to resolve trade tensions, which have dragged the global economy back in the past two years.

Caution would continue dragging on the VN-Index over the next few days, and the benchmark would continue to struggle in the current range, TCSC forecast.

On the negative side, agriculture, mining and energy, seafood processing, utilities and electricity fell, including PetroVietnam Gas (GAS), logistics firm Gemadept (GMD), brewer Sabeco (SAB) and dairy company Vinamilk (VNM).

On the Hà Nội Stock Exchange, the HNX-Index was up 0. 一 八 per cent to end at  一0 三. 九 二 points.

The northern market index fell  一. 三 六 per cent on Monday.

Nearly  二 一. 八 million shares were traded on the northern bourse, worth VNĐ 三 四 一 billion. – VNS