Industry News

Steel shares bolster market

Views : 452
Update time : 2020-11-18 16:24:44

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained 0.31 per cent to close at 971.91 points.

The index had climbed 1.9 per cent to close the session at 968.9 points.

Nearly 273.5 million shares were traded on the southern exchange on Wednesday morning, worth VND5.3 trillion (US$228.9 million).

The VN30 Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, rose 0.28 per cent to end Wednesday morning at 937.25 points.

Steel stocks gained ground thanks to the injection of cash flow, including Hoa Phat Group (HPG), Hoa Sen Group (HSG), Nam Kim Group (NKG), Pomina Steel Corporation (POM), SMC Trading Investment Joint Stock Company (SMC), Thai Nguyen Iron And Steel JSC (TIS), Tien Len Steel Group Joint Stock Company (TLH), Vietnam – Italy Steel Joint Stock Company (VIS) and Vietnam Germany Steel Pipe JSC (VGS).

On the Ha Noi Stock Exchange, the HNX-Index increased 0.31 per cent to 147.03 points.

More than 38.3 million shares were traded on the northern exchange, worth VND590 billion.

 

Related News
Read More >>
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Feb .24.2026
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Argentina terminates AD duties on China’s aluminum sheets Argentina terminates AD duties on China’s aluminum sheets
Feb .24.2026
Argentina terminates AD duties on China’s aluminum sheets
Nippon Steel raises prices for 300 series stainless steel dramatically Nippon Steel raises prices for 300 series stainless steel dramatically
Feb .24.2026
Nippon Steel raises prices for 300 series stainless steel dramatically
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain
Feb .24.2026
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain