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Stock market down in afternoon trade

Released at: 19:19, 17/11/2015 Stock Market Watch

Stock market down in afternoon trade

Afternoon session on November 17 sees gains in VN-Index from morning session lost.

by Hung Khanh

The VN-Index on the afternoon of November 17 turned around the positive results of the morning session, falling 4.16 points (0.68 per cent) since today’s opening. The VN30 Index fell 4.75 points (0.77 per cent) over the course of the day, with 112 shares increasing, 112 decreasing, and 86 remaining unchanged. Total trading was 171,375,598 shares, valued at VND2.79 trillion ($124.17 million).

Vinamilk (VNM) failed to maintain the increases seen over the last five days, losing VND6,000 ($0.27) per share, or 4.29 per cent. Trading volume was the highest for the last nine days, at 1,871,240 shares via order matching, valued at VND255.38 billion ($11.36 million).

Contributing to the fall in the share price were sales by foreign investors, who sold 266,720 shares, or 14 per cent of the total; the largest sale of VNM shares by foreign investors ever.

MSN also saw foreign investors net sell, at VND53.2 billion ($2.36 million) and accounting for 51 per cent of total transactions in the share.

Foreign investors also net sold HSG, KDC, CTD, HVG and GAS shares.

They also net bought certain blue chips, however, such as DMP, with VND9.5 billion shares ($422,655), FLC VND6.5 billion ($289,185), and CII VND6 billion ($266,940).

Banks and financial institutions headed downwards, such as BID, MBB, VCG, ACB. In particular, BVH fell VND1,000 ($0.04) to VND57,000 ($2.54), and MBB VND200 ($0.01) to VND14,600 ($0.65).

DPM, VCB, KDC, HUT and oil shares increased, with PVD rising VND800 ($0.04) to VND33,300 ($1.48), KDC VND1,000 ($0.04) to VND24,500 ($1.09), and PGS VND200 ($0.01) to VND19,700 ($0.88).

In the Hanoi Stock Exchange the HNX-Index increased slightly, by 0.09 points (0.11 per cent), to stand at 81.14 points. One-hundred shares increased, 83 decreased, and 188 remained unchanged. Total trading volume was some 65 million shares, valued at VND703 billion ($31.27 million).

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