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Banking & Finance

Main indexes close higher

Released at: 18:36, 02/06/2016 Stock Market Watch

Main indexes close higher

June 2 the fifth day in a row the VN-Index has gained ground.

by Hung Khanh

All main indexes increased on June 2, with the VN-Index up 3.51 points (0.57 per cent) and the VN30-Index 1.80 points (0.29 per cent) on HSX while the HNX-Index increased 0.53 points (0.65 per cent) and the HNX30-Index 0.74 points (0.5 per cent) on HNX.

The UpCoM Index also increased, by 1.02 points (1.8 per cent).

HSX saw 140 shares increase and 84 decrease while HNX saw 176 increase and 94 decrease.

The VN-Index spent most of the day in positive territory, except for bottoming out at 618.51 points late in the morning session before closing at 620.22 points. During the afternoon it peaked at 624.25 points then eased to 621.45 points and closed at 623.37 points, making today the fifth consecutive day the Index has finished higher.

Liquidity on HSX was VND1.7 trillion ($75.75 million).

The largest cap, VNM, was not among rising large caps but banking and oil and gas shares carried the market upwards.

Among banking shares, BID increased 1.1 per cent, STB 0.9 per cent, CTG 0.6 per cent and VCB 0.4 per cent.

In oil and gas, GAS was up 2.5 per cent and PVD 1.3 per cent.

Other large caps closed at their opening price, including VIC, MSN, MBB, FPT and BVH.

On HNX, ACB and SHB closed at their opening price while PVI and PVS increased 1.1 per cent and 1.2 per cent, respectively, and PLC, VCG and NTP closed down 1.3 per cent, 0.9 per cent and 0.3 per cent, respectively.

Foreign investors net bought on both markets, by VND104 billion ($4.63 million) on HSX and VND18 billion ($802,080) on HNX.

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