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Banking & Finance

Poor day for all indexes

Released at: 18:24, 13/04/2016 Stock Market Watch

Poor day for all indexes

Losses recorded all round on April 13.

by Hung Khanh

All indexes on Vietnam’s stock market closed down on April 13. On HSX the VN-Index fell 1.82 points (0.31 per cent) and the VN30-Index 2.84 points (0.48 per cent), while on HNX the HNX-Index finished 0.31 points (0.38 per cent) lower and the HNX30-Index 0.8 points (0.56 per cent).

HSX saw 78 shares increase and 127 decrease, while 129 increased and 153 decreased on HNX.

The VN-Index opened positively, reaching a peak of 582.74 points in the middle of the morning session before easing to 578.61 at the close. It then bottomed out at 575.88 points in the middle of the afternoon session before finishing the day at 578.02 points.

Six out of the ten largest caps fell: BID by 2.5 per cent, HPG 1.9 per cent, MSN 1.4 per cent, BVH 0.9 per cent, VNM 0.7 per cent and VCB 0.5 per cent.

Only GAS increased, by 1.5 per cent, while VIC, CTG and MBB closed at their opening price.

Other oil and gas shares had a tough day, with PGD closing down 4.89 per cent and CNG 1.72 per cent. ASP went against the trend, reaching its ceiling in increasing 1.72 per cent.

It was also hard going for finance shares, with most heading downwards, except for BSI, which was up 5.43 per cent. Losers included FIT, by 2.7 per cent, TVS 0.75 per cent, HCM 0.65 per cent and SSI 0.46 per cent.

In the sub-indexes, the VN30-Index lost the most, at 0.48 per cent, while the VNMID-Index fell 0.06 per cent and the VNSML-Index 0.16 per cent.

None of the 20 largest caps on HNX increased, with VCS falling by 3 per cent, VCG 1.8 per cent, LAS 1.6 per cent, and ACB 1.1 per cent, while PVS, PVI, SHB and SQC closed at their opening price.

Foreign investors net bought on both markets, by some VND53 billion ($2.37 million) on HSX and VND21 billion ($941,220) on HNX.

Photo: TVSI

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