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Banking & Finance

Indexes finish in negative territory

Released at: 20:08, 13/06/2016 Stock Market Watch

Indexes finish in negative territory

Market struggles on June 13 as most large caps lose ground.

by Hung Khanh

A poor day was had by all indexes on June 13, as the VN-Index fell 6.26 points (0.99 per cent) and the VN30-Index 7.52 points (1.20 per cent) on HSX while on HNX the HNX-Index closed 0.55 points (0.65 per cent) down and the HNX30-Index 1.24 points (0.81 per cent).

The UPCoM Index also fell, by 0.7 points (1.21 per cent).

HSX saw 74 shares increasing and 151 decreasing and HNX saw 129 increasing and 160 decreasing.

Liquidity on HSX was around VND1.8 trillion ($80.64 million) while HNX saw some VND615 billion ($27.55 million) changing hands.

The VN-Index bottomed out at 621.63 points in the middle of morning session before recovering to close at 625.09 points. By late in the afternoon it had dipped to 621.99 points then finished at 623.58 points.

The largest cap, VNM, closed at its opening price; a relatively solid performance.

Banking shares to fall included EIB, by 1.7 per cent, BID 1.6 per cent, CTG 1.1 per cent, MBB 0.7 per cent, and VCB 0.2 per cent. STB was the only share to increase, by 2.61 per cent.

BVH fell 3.1 per cent, VIC 2.8 per cent, MSN 1.4 per cent and GAS 0.8 per cent.

On HNX, ACB and SHB closed at their opening price while PHP, VCG and NTP increased by 2.4 per cent, 2.3 per cent and 1.6 per cent, respectively. In oil, PVI tumbled 3.8 per cent and PVS 3.5 per cent.

Foreign investors net sold on HSX by some VND86 billion ($3.85 million) while net buying on HNX by some VND22 billion ($985,600).

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