11:07 (GMT +7) - Wednesday 26/10/2016

Banking & Finance

VN-Index reaches 650 points

Released at: 18:53, 05/07/2016 Stock Market Watch

VN-Index reaches 650 points

Recent positive trade continues on July 5.

by Hung Khanh

Vietnam’s stock market continued an impressive few days of increases on July 5, with the VN-Index rising 2.92 points (0.45 per cent) and the VN30-Index 2.70 points (0.43 per cent) on HSX, while on HNX the HNX-Index closed 0.1 points (0.12 per cent) higher and the HNX30-Index 0.35 points (0.23 per cent).

HSX saw 118 shares increase and 117 decrease while HNX saw 173 increase and 132 decrease.

Liquidity on HSX reached VND2.7 trillion ($121.04 million), 14 per cent higher than yesterday, and on HNX VND911 billion ($40.84 million), 40 per cent higher.

The VN-Index fluctuated throughout the day, increasing to 653.94 points in the morning before falling to 647.56 points in the middle of the session then recovering to close at 654.25 points. The upward trend continued in the afternoon, peaking at 658.11 points before gradually falling and closing at 650.88 points.

Banking shares carried the market, with BID up 2.9 per cent, VCB 2.6 per cent, CTG 1.75 per cent, MBB 1.3 per cent, and STB 0.88 per cent. EIB, meanwhile, closed down 0.9 per cent. Among banking shares on HNX, only SHB increased, by 1.64 per cent, while ACB closed at its opening price and NVB was down 5.36 per cent.

Oil and gas shares had a poor day on HSX, with ASP down 2.33 per cent, GAS 1.5 per cent, and CNG 1.21 per cent while PGD closed at its opening price. A similar scenario was seen on HNX, with PVG and PGS down 1.25 per cent and 0.59 per cent, respectively, while PCG increased 4.11 per cent.

Securities firms on HSX saw positive trading, with HCM, BSI and SSI increasing 4.04 per cent, 3.26 per cent and 1.82 per cent, respectively. On HNX, VND, MBS and SHS closed 3.13 per cent, 1.69 per cent and 1.49 per cent higher, respectively. 

On HSX, VNM was down 0.7 per cent and VIC closed at its opening price.

Foreign investors net bought on HSX by some VND63 billion ($2.82 million) while net selling on HNX by VND104 billion ($4.66 million), with VND54 billion ($2.42 million) in net selling in NTP and VND31 billion ($1.38 million) in KLS.

User comment (0)

Send comment