VN-Index sees good early morning before dipping over remainder of day.
The HNX-Index was the only index to rise on March 18, by 0.03 points (0.03 per cent). The HNX-30 index closed down 0.02 points (0.02 per cent) while on HSX the VN-Index fell 3.44 points (0.59 per cent) and the VN30-Index 4.52 points (0.77 per cent).
The VN-Index peaked at 580.72 points at the beginning of the morning session before heading steadily downwards to finish the day at 575.82 points. Eight-five shares increased while 123 decreased.
The VN30-Index, meanwhile, saw seven shares increase and 19 decrease.
Falls were seen among large caps in all sectors, with VIC down 2 per cent, GAS 1.5 per cent, MSN 1.4 per cent, BVH 0.9 per cent, CTG and BID 0.6 per cent, and VCB 0.5 per cent. The largest cap, VNM, closed at its opening price, which curbed the decline somewhat.
Banking shares on HSX had the toughest time of it, with almost all closing down, including VCB, CTG, and BID, as mentioned above, while STB fell 3.07 per cent and EIB 0.95 per cent. MBB was the only share to close at its opening price.
Gas shares didn’t fare much better, with most down over the course of the day, including CNG, by 2.73 per cent, ASP 2.44 per cent, GAS 1.49 per cent, and PGD 1.40 per cent.
On HNX, ACB, PHP, SQC, and SHB all closed at their opening price while large oil caps to increase included PVI, by 1.1 per cent, PVS 0.6 per cent, and PLC 0.3 per cent.
ETF funds readjusted their portfolios today, pushing trade value up. Foreign investors net sold by VND150 billion ($6.72 million) on HSX while net buying by VND40 billion ($1.79 million) on HNX.