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VN-Index reaches 640 points

Released at: 18:38, 01/07/2016 Stock Market Watch

VN-Index reaches 640 points

Index breaks barrier for first time since 2009.

by Hung Khanh

The VN-Index broke the 640-point mark on July 1 for the first time since the end of 2009, with all main indexes closing higher. On HSX the VN-Index increased 8.04 points (1.27 per cent) and the VN30-Index 4.55 points (0.73 per cent) while on HNX the HNX-Index finished up 0.43 points (0.51 per cent) and the HNX30-Index 0.65 points (0.43 per cent).

The UpCoM Index fell, meanwhile, by 0.21 points (0.36 per cent).

HSX saw 150 shares increase and 79 decrease while HNX saw 185 increase and 123 decrease.

Liquidity on HSX was some VND2.4 trillion ($107.61 million), 18 per cent higher than yesterday, and on HNX some VND504 billion ($22.59 million), down 6 per cent.

The VN-Index spent the whole day in positive territory, increasing to 637.74 points by the end of the morning session then peaking at 643.15 points in the afternoon before falling to 640.30 points by the close.

Most large caps on HSX increased, except for SSI, which closed down 1 per cent, EIB 0.9 per cent and BID 0.6 per cent. STB and MWG closed at their opening price.

Those finishing higher were GAS, by 4.8 per cent, VIC 3.2 per cent, BVH 1.7 per cent, VNM 1.4 per cent, CTG 1.2 per cent, MBB 0.7 per cent, HPG 0.5 per cent and VCB 0.4 per cent.

Most large caps on HNX also finished higher, except for ACB and SHB, which closed at their opening price. Increasing large caps included VNR, by 7.7 per cent, VCG 2.1 per cent, PVS and DBC 1.6 per cent, VCS 1.4 per cent, PHP 1 per cent and PVI 0.8 per cent.

Foreign investors net bought on HSX by some VND66 billion ($2.95 million) and net sold on HNX by some VND10 billion ($448,400). 

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