01:29 (GMT +7) - Monday 05/12/2016

Banking & Finance

Two markets differ widely

Released at: 16:51, 04/04/2016 Stock Market Watch

Two markets differ widely

HNX up on April 4 as HSX finishes in negative territory.

by Hung Khanh

While HNX saw increases on April 4 there were falls on HSX.

On HNX the HNX-Index increased slightly, by 0.02 points (0.03 per cent) and the HNX30-Index rose 0.58 points (0.42 per cent). On HSX, meanwhile, the VN-Index fell 2.61 points (0.47 per cent) and the VN30-Index closed 2.56 points (0.45 per cent) lower.

HSX saw 89 shares increase and 126 decrease, while HNX saw 88 increase and 103 decrease.

The VN-Index suffered a poor afternoon, as it has for many days recently. In the morning session it reached a peak of 560.83 points before falling to 557.66 points at the end of the session, then bottomed out at 554.45 points before recovering slightly to 555.82 points by the close of the day.

Most notable on HSX was its low liquidity, with only VND1.22 trillion ($54.71 million) in shares traded via order matching - the lowest since the middle of February.

The highest liquidity share was the small cap CII, with VND59.5 billion ($2.66 million) and closing down 0.4 per cent. VNM had the highest liquidity among large caps, with VND34.9 billion ($1.56 million) in shares changing hands.

Among the Top 10 largest caps CTG increased 1.2 per cent and HPG 0.7 per cent. Four of the ten fell - GAS by 2.7 per cent, MSN 1.4 per cent, BID 0.6 per cent, and VIC 0.2 per cent, with VNM, VCB, MBB and FPT closing at their opening price.

In banking, only CTG increased on HSX, by 1.23 per cent, while EIB and BID were down 3.81 per cent and 0.6 per cent, respectively. VCB, MBB, and STB closed at their opening price.

Among finance shares BSI and SSI increased, by 2.13 per cent and 0.47 per cent, respectively, while AGR was down 2.23 per cent, FIT 2.86 per cent and HCM 1.03 per cent.

The HNX-Index hovered around 79 points all day, bottoming out at 78.32 points in the middle of the afternoon session before recovering at 78.52 at the end of the day’s trading. Among large caps, ACB, SQC, PVS, SHB closed at their opening price while VCS was down 1.7 per cent, PHP 1.3 per cent and PVI 0.4 per cent. Shares finishing up were mostly mid and small caps.

Foreign investors net bought on HSX by VND38.5 billion ($1.72 million) and on HNX by VND19.8 billion ($888,030).

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