tin tức thời gian thực

Shares recover on strong first-half earnings

HÀ NỘI – Shares recovered on Wednesday, propped up by major blue chips with strong first-half earnings.

On the Hồ Chí Minh Stock Exchange, the VN-Index increased 0. 五 七 per cent to  九 九 一. 六 六 points.

On the Hà Nội Stock Exchange, the HNX-Index closed flat at  一0 四. 四 三 points.

Both stock indices tumbled on Tuesday.

A total of  二0 九. 六 million shares worth VNĐ 五. 四 二 trillion (US$ 二 三 二. 六 million) were traded in the two markets, up  三 六 per cent in volume and  四 八 per cent in value compared to Tuesday’s figures.

Overall market condition was negative when the number of losing stocks outnumbered the gaining ones by  二 五 六- 二 二 四 and  二 八 七 remained unchanged.

The market was led by several heavyweight stocks, including Vincom Retail (VRE), Vinhomes (VHM), Mobile World Investment Corp (MWG), FPT Corp (FPT) and steelmaker Hòa Phát Group (HPG). Except Hòa Phát Group, other companies reported positive business results in the first half of this year.

Vinhomes and Vincom Retail climbed  五 per cent and  三 per cent, respectively.

On Tuesday, Vinhomes posted revenues of nearly VNĐ 二 六. 八 trillion and pre-tax profit of more than VNĐ 一 三. 四 trillion in the first six months, up  七 二 per cent and  三 四. 五 per cent year-on-year, respectively.

Meanwhile, Vincom Retail’s revenue and pre-tax profit more than doubled last year, with revenue rising from VNĐ 七 五0 billion in  二0 一 八’s six months to nearly VNĐ 一. 七 trillion this year, and profit jumping from VNĐ 一 trillion to VNĐ 二. 四 trillion.

However, shares of their parent company Vingroup (VIC) edged down 0. 四 per cent despite the company posting record revenue and profit in the second quarter. Vingroup reported consolidated revenues of VNĐ 三 九. 四 六 trillion and pre-tax profit of nearly VNĐ 四. 九 trillion, up  二 二 per cent and  三 八 per cent year-on-year, respectively.

Among other gainers, Hòa Phát Group increased nearly  五 per cent; Mobile World Investment gained nearly  三 per cent; and IT giant FPT Corp (FPT) rose  一. 三 per cent.

Hòa Phát Group’s revenues still grew  一 一 per cent to VNĐ 三0. 三 trillion in the first half but its net profit decreased  一 二. 八 per cent to VNĐ 三. 九 trillion.

Meanwhile, revenues and profit after tax of Mobile World Investment rose  一 六 per cent and  三 八 per cent, respectively to VNĐ 五 一. 七 trillion and VNĐ 二. 一 trillion. FPT Corp’s revenues and pre-tax profit climbed more than  二0 per cent to VNĐ 一 二. 五 trillion and VNĐ 二. 一 trillion, respectively.

According to Viet Dragon Securities Co, the market would fluctuate around a strong resistance level of  一,000 points. Short-term risks are increasing due to the cautious psychology of most investors.

“However, the market may soon recover and stocks will continue to diversify based on second-quarter earnings results,” Khải Trần, a stock analyst at Viet Dragon Securities Co wrote in a report.

Foreign investors were net buyers on the two exchanges but with a modest value of more than VNĐ 一 七 billion on Wednesday. — VNS