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Banking & Finance

HSX recovers in afternoon session

Released at: 16:16, 29/01/2016 Stock Market Watch

HSX recovers in afternoon session

Slight fall on morning of January 29 more than offset by strong afternoon trade.

by Hung Khanh

The HSX recorded an impressive increase during the afternoon session on January 29 on the back of significantly higher oil and gas shares. In the morning session the VN-Index fell slightly, by almost 2 points, to 538.80, but bounced back strongly in the afternoon, rising 8 points to close up 5.78 points (1.07 per cent) at 545.25.

The HSX saw 141 shares increasing and 74 decreasing. The VN30-Index increased 4.75 points (0.85 per cent) on the day’s trade.

PVD and HVG saw the highest increases on the VN30-Index, of 6.98 per cent and 6.80 per cent, respectively, with both reaching their ceiling.

Oil and gas shares saw positive trading overall, with GAS reaching its ceiling after increasing 6.81 per cent, while CNG rose 5.30 per cent, PVG 4.17 per cent, PGS 3.37 per cent, and ASP 3.03 per cent.

Regarding banking shares, among large caps VCB increased 2.22 per cent and BID 1.82 per cent while CTG closed at its opening price.

Finance shares also had a good day, with OGC up 3.03 per cent, SSI 0.99 per cent, HCM 0.72 per cent, and BCG 0.52 per cent. On HNX BVS rose 1.75 per cent, SHS 1.47 per cent, and VND 0.88 per cent.  

Large caps recording declines included VIC, down 1.3 per cent, and MSN down 0.7 per cent.

VIC again saw the highest net selling by foreign investors, of some VND80 billion ($3.59 million), followed by REE with VND66 billion ($2.96 million).

The VN-Index rose 23.01 points over the course of the week.

The HNX-Index today finished 0.72 points (0.94 per cent) higher, for a 3.02 points increase during the week. It saw 129 shares increasing and 65 decreasing.

The HNX30-Index increased 1.9 points (1.41 per cent) during the week.

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