Arab Today, arab today vietnam stock index rebounds to 570point level
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

Vietnam stock index rebounds to 570-point level

Arab Today, arab today

Arab Today, arab today Vietnam stock index rebounds to 570-point level

Vietnam stock index
Ho Chi Minh City - XINHUA

The Vietnam Stock Index or VN-Index, a capitalization-weighted index of all the companies listed on the Ho Chi Minh City Stock Exchange, rebounded to 570- point level this week thanks to investors' optimism.

The index closed at 570.87 points on Friday. This seemed a breakthrough as the index lost nearly 30 points, equivalent 5.28 percent in the first trading sessions on Monday due to volatility of global markets.

According to experts, this was the second time that the index had dropped more than 5 percent during its 15 years of operation.

However, investors' psychology were reassured when global stock markets rebounded sharply.

In addition, the news related to the Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong said the central bank would not devalue the dong further this year also boosted the bank shares group and made them become the most active shares this week.

Apart from bank shares, energy stock group, gas and oil shares also played an important role in leading the market uptrend.

The VN-Index closed at 570.87 points on Friday, up 15.06 points, or 2.71 percent, from the previous trading day's close. The index won 14.57 points, or 2.6 percent from the previous week's close.

During the week, the index experienced four ups and only one down, posting the highest level of 570.87 points on Friday, and the lowest level of 526.93 points on Monday. In comparison, it ranged between 556.3 points and 580.22 points the previous week.

About 165.727 million shares worth 2.826 trillion VND (129.14 million U.S. dollars) changed hands on the Ho Chi Minh City Stock Exchange on Friday, an increase of 29.74 percent in volume and 36. 87 percent in value against Thursday.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vietnam stock index rebounds to 570point level Arab Today, arab today vietnam stock index rebounds to 570point level

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today vietnam stock index rebounds to 570point level Arab Today, arab today vietnam stock index rebounds to 570point level

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday