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Banking & Finance

HSX down, HNX up

Released at: 16:39, 13/05/2016 Stock Market Watch

HSX down, HNX up

Differing May 13 on Vietnam's stock market.

by Hung Khanh

HSX and HNX had a contrary day on May 13, with the VN-Index falling 1.30 points (0.21 per cent) and the VN30-Index 2.07 points (0.34 per cent) on HSX while on HNX the HNX-Index increased 0.27 points (0.33 per cent) and the HNX30-Index 0.99 points (0.68 per cent).

The UpCoM index closed 0.38 points (0.67 per cent) higher, with 55 shares increasing and 40 decreasing.

HSX saw 87 shares increasing and 140 decreasing, while HNX saw 97 increasing and 110 decreasing.

The VN30-Index spent most of the day in negative territory, with only three shares increasing and 21 decreasing.

The VN-Index started out positively, reaching a peak of 615.28 points after just 30 minutes of morning trade before falling sharply to close at 609.29 points. In the afternoon it bottomed out at 608.08 points mid-session before rising to 610.82 points by the close.

Among large caps on HSX only GAS increased, by 2.9 per cent.

Among banking shares, STB hit its ceiling of 6.4 per cent and EIB rose 0.9 per cent.

Most others either finished down or closed at their opening price, with BVH down 2.5 per cent, MSN and HPG 2.1 per cent, VNM 0.7 per cent, and VCB 0.5 per cent.

HNX, meanwhile, saw some impressive performances from large caps, with SHB increasing 3.1 per cent, PVS 2.4 per cent, PLC 1.4 per cent and VCS 1.3 per cent. Others that were not so impressive included VCG, which closed down 1.9 per cent, PHP 1 per cent, ACB 0.5 per cent and PVI 0.4 per cent.

Foreign investors net bought on HSX by some VND30 billion ($1.34 million) and on HNX by some VND19 billion ($851,390).

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