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Banking & Finance

VN-Index up for third consecutive day following Brexit tumble

Released at: 19:11, 29/06/2016 Stock Market Watch

VN-Index up for third consecutive day following Brexit tumble

Ground largely regained this week following sharp declines last Friday.

by Hung Khanh

All main indexes increased on June 29. On HSX the VN-Index rose 7.92 points (1.27 per cent) and the VN30-Index 7.08 points (1.15 per cent), while on HNX the HNX-Index closed 0.86 points (1.02 per cent) higher and the HNX30-Index 1.3 points (0.86 per cent).

The UpCoM Index also increased, by 0.86 points (1.02 per cent).

HSX saw 188 shares increase and 53 decrease, while HNX saw 179 increase and 185 decrease.

Liquidity on HSX was some VND2.3 trillion ($103.06 million), 37 per cent higher than the previous day. Liquidity on HNX was some VND565 billion ($25.31 billion), 38 per cent higher.

The VN-Index increased gradually from early on to peak at 631.13 points at the beginning of the afternoon session before dipping slightly to close at 630.12 points.

Most large caps closed higher, except for the largest, VNM, which closed down 0.7 per cent with VND27 billion ($1.2 million) net sold by foreign investors - the highest net sale by foreign investors in the market today.

Other large caps increased, with MWG up 5 per cent, GAS 2.5 per cent, CTG 2.4 per cent, VCB 1.9 per cent, BVH 1.7 per cent, HPG 1.6 per cent, MBB 0.7 per cent and VIC 0.6 per cent.

MSN closed at its opening price.

On HNX, ACB and PHP closed at their opening price while SHB and CHP fell 1.6 per cent and 1 per cent, respectively. Increasing large caps included VCG, which was up 8.1 per cent, VNR 6.8 per cent, DBC 3.9 per cent, VSC 2.9 per cent, and PVS 1.7 per cent.

Foreign investors net sold on HSX by some VND12 billion ($537,720) and net bought on HNX by some VND11 billion ($492,910).

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