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Banking & Finance

Both markets up slightly

Released at: 19:06, 16/02/2016 Stock Market Watch

Both markets up slightly

Gas shares post good trade on January 16 while banking shares fall on day of small increases on both markets.

by Hung Khanh

The HSX saw positive trade on February 16 with the VN-Index rising 4.26 points (0.78 per cent) on 148 shares increasing and 73 decreasing.

The VN-30 Index also increased, by 3.13 points (0.56 per cent), with 19 shares rising and six falling.

VNM and FPT were among the large caps pushing the VN30-Index upwards, increasing 1.59 per cent and 1.28 per cent, respectively.

Gas shares had a positive day’s trade on both markets, with GAS up 4.71 per cent and ASP 2.86 per cent, while PGD remained at its opening price. On HNX, PVG and PGS closed 5.48 per cent and 1.69 per cent higher, respectively, while PCG remained steady.

The opposite was seen in banking shares, however. On HSX all banking shares were down or closed at their opening price, including EIB, which was down 0.97 per cent, STB 0.91 per cent, BID 0.61 per cent, and CTG 0.58 per cent. Conversely, on HNX NVB rose 5.36 per cent, SHB 2.94 per cent, and ACB 2.11 per cent.

The HNX-Index increased 1.23 points (1.6 per cent) over the course of the day, with 168 shares increasing and 98 decreasing.

Foreign investors net sold on HSX, by VND90 billion ($4.02 million), while net buying on HNX by VND20 billion ($894,000).

DRC was net sold the most by foreign investors, to the tune of VND66 billion ($2.95 million), closing 3.75 per cent higher. GAS was favored by foreign investors, who bought VND16.2 billion ($724,140), accounting for over one-third of its trade, for a net buy of VND12.9 billion ($576,630).

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