04:14 (GMT +7) - Thursday 27/10/2016

Banking & Finance

Market up as large caps remain popular

Released at: 19:24, 29/12/2015 Stock Market Watch

Market up as large caps remain popular

High selling among foreign investors not enough to stop increases on both indexes.

by Hung Khanh

Both the VN-Index and the VN30-Index increased on December 29 as large caps in the latter continued to perform well.

The VN-Index rose 6.39 points, or 1.12 per cent, with 138 shares increasing and 63 decreasing. Trade volumes and liquidity were good, with some VND1.4 trillion ($62.27 million) worth of shares being traded via order matching. ​

The VN-30 Index increased 6.27 points, or 1.08 per cent, with 18 shares increasing and five decreasing. Among large caps, VIC rose 4.6 per cent, marking the seventh consecutive day of increasing, while VCB finished 3.53 per cent up - its highest increase in the last ten days.

Shares that fell included MSN, by 2.5 per cent, KDC 1.21 per cent, and GAS 0.82 per cent.

MSN today saw significant sales by foreign investors, with some 3 million shares sold and only 50,000 purchased.

Broker, oil, and real estate shares had a good day, with VND rising 5.31 per cent, SHS 4.23 per cent, BVS 3.51 per cent, and KLS 1.56 per cent. The HNX therefore closed 1.01 per cent higher.

Foreign investors increased their net selling on HSX while net buying on HNX, at VND184 billion ($8.18 million) and VND25 billion ($1.11 million), respectively.

Net selling among foreign investors focused on MSN, with VND221 billion ($9.83 million), while VCB saw the highest net buying, of VND37.9 billion ($1.68 million).

User comment (0)

Send comment