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Banking & Finance

VN-Index up slightly in morning trade

Released at: 14:21, 19/11/2015 Stock Market Watch

VN-Index up slightly in morning trade

Oil and bank stocks lead the way while HNX-Index down a touch.

by Hung Khanh

In the morning session on November 19 the VN-Index increased 0.98 points, or 0.16 per cent, compared to opening.

The Ho Chi Minh City Stock Exchange saw 72 stocks increase, 101 decrease, and 94 remain unchanged. Trade volume was 60,622,220 shares, valued at VND1.07 trillion ($47.61 million).

VNM increased VND1,000 ($0.04) in the first hour before falling and finishing the session at VND132,000 ($5.87), with 743,890 shares traded. Foreign investors net bought some 20,000 shares.

MSN finished at its opening price with total trade of 97,150 shares, of which foreign investors accounted for around a quarter, or 24,280.

KDC fell slightly after two consecutive days of increases, but with relatively low liquidity of 428,090, or one-fifth of the volume traded yesterday.

Banking stocks such as MBB, VCB, BID, CTG and STB were stable throughout the morning, with trade volumes significant lower than yesterday. Most trade was foreign investor purchases.

Oil stocks were a bright point of the morning, with PGD increasing 2.91 per cent, GAS 0.92 per cent, and CNG 0.31 per cent.

FLC was back in positive territory after falling yesterday and recorded the highest liquidity in the morning session, with 13,413,520 shares traded. It closed the session 0.20 points, or 2.41 per cent, higher.

The HNX-Index, meanwhile, fell slightly, by 0.14 points, or 0.17 per cent, against the opening, with total trade at more than 20 million shares, all by order matching and totaling VND209.76 billion ($9.33 million).

Photo: TVSI

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