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Banking & Finance

Tale of two markets

Released at: 18:35, 12/04/2016 Stock Market Watch

Tale of two markets

HSX and HNX have dissimilar days on April 12.

by Hung Khanh

April 12 saw HSX and HNX follow completely different paths. On HSX the VN-Index increased 0.57 points (0.1 per cent) and the VN30-Index 0.69 points (0.12 per cent), while on HNX the HNX-index fell 0.12 points (0.15 per cent) and the HNX30-Index 0.53 points (0.37 per cent).

The VN-Index failed to closed at the 580-point mark again despite peaking at 581.34 points in the morning and 582.92 at the beginning of the afternoon session.

Liquidity on HSX stayed high, at some VND2.2 trillion ($98.67 million) traded via order matching and some VND1 trillion ($44.85 million) via put through.

HSX saw 87 shares increase and 131 decrease, while 146 increased and 167 decreased on HNX.

Rise and falls were evenly balanced among large caps on HSX. Those in positive territory included VIC, by 3 per cent, VCB 1.2 per cent, GAS 1.1 per cent and HPG 0.6 per cent. BID meanwhile, closed down 3 per cent, CTG 1.8 per cent, MSN 1.4 per cent, and MBB 0.7 per cent. VNM, BVH, and EIB closed at their opening price.

On HNX, large caps VCS and ACB fell, by 1.1 per cent and 0.5 per cent, respectively. VNR, PVS, VCG and PVI increased 3.3 per cent, 1.2 per cent, 0.9 per cent and 0.8 per cent, respectively, while SQC, PHP and SHB closed at their opening price.

Foreign investors net sold by some VND763 billion ($34.22 million), primarily via put through trading of VIC, which totaled some VND830 billion ($37.22 million) while having little effect on market liquidity. Conversely, HNX saw net buying by some VND11 billion ($493,350).

Photo: TVSI

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