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Banking & Finance

Indexes close higher

Released at: 19:03, 18/07/2016 Stock Market Watch

Indexes close higher

HSX leads the way as both markets do well on July 18.

by Hung Khanh

All indexes increased on July 18. On HSX the VN-Index increased 8.94 points (1.35 per cent) and the VN30-Index 8.66 points (1.32 per cent), while on HNX the HNX-Index increased 0.42 points (0.48 per cent) and the HNX30-Index 1.25 points (0.8 per cent).

The UpCoM Index increased by 0.57 points (1 per cent).

HSX saw 168 shares increase and 68 decrease, while HNX saw 165 increase and 113 shares decrease.

Liquidity on HNX reached VND607 billion ($27.21 million), 4 per cent lower than last Friday, and was VND2.1 trillion ($94.16 million) on HSX, 1 per cent higher.

After opening at 664.56 points the VN-Index started the day by falling to 662.59 before increasing to 666 in the middle of the morning session and fluctuating around that mark before closing at 666.66 points. In the afternoon session it dipped to 665.87 then rose strongly to 672.21 points before easing to 670.17 points then rebounding to close at 673.50 points.

Among the largest caps, VNM rose 2 per cent, which contributed significantly to the performance of the VN-Index and the VN30-Index.

In banking, VCB was up 2.8 per cent, STB 1.7 per cent and BID 0.5 per cent, while CTG, MBB and EIB closed at their opening price. VIC was down 0.9 per cent.

In banking on HNX, SHB was down 1.6 per cent and ACB 0.5 per cent. Rising large caps included VCG, by 6.1 per cent, PVS 3.3 per cent, VCS 1.9 per cent and PHP 0.5 per cent.

Foreign investors net bought on both markets, by VND27 billion ($1.21 million) on HSX and VND6 billion ($269,040) on HNX.

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