Liquidity higher as banking shares take VN-Index upwards on April 29.
All indexes ended April 29 in positive territory. On HSX the VN-Index increased 6.7 points (1.13 per cent) and the VN30-Index 5.62 points (0.94 per cent) while on HNX the HNX-Index finished 0.43 points (0.53 per cent) higher and the HNX30-Index 0.45 points (0.31 per cent).
HSX saw 140 shares increasing and 79 decreasing while HNX saw 171 increasing and 106 decreasing.
The VN-Index rose about 5 points in the morning to reach 597.14 points by the end of the session. In the middle of the afternoon it reached a peak of 599.66 points before closing at 598.37 points.
Liquidity returned, with VND1.2 trillion ($53.83 million) changing hands via order matching during the afternoon, 39 per cent higher than the previous day. Full day liquidity via order matching was VND2.4 trillion ($107.66 million).
Most large caps on HSX increased, with banking shares leading the way. BID rose 6.1 per cent, CTG 2.5 per cent, and MBB 2 per cent. VCB, however, lost 0.4 per cent.
Other large caps to increase included BVH, by 5.2 per cent, HPG 3.1 per cent, MSN 1.4 per cent, VIC 1 per cent and VNM 0.7 per cent.
GAS closed at its opening price.
A common point in increasing large caps was the participation of foreign investors.
They accounted for 70.3 per cent of BVH’s liquidity, 36 per cent of HPG’s, 49 per cent of BID’s, and 66 per cent of MBB’s.
In the VN30 basket they accounted for 22.6 per cent of trade.
They net bought on both markets, by VND75 billion ($3.36 million) on HSX and VND23 billion ($1.03 million) on HNX.