Blue chip losses drag on VN-Index
Stocks fell in the dying minutes of August 6 session on the Hochiminh Stock Exchange as investors increased selling blue chips.
Stocks fell in the dying minutes of August 6 session on the Hochiminh Stock Exchange as investors increased selling blue chips.
The benchmark VN-Index dipped from the five-year high to close at 606.70 points, down 0.17 per cent from August 5.
Most of the large-cap shares lost value. These included PV Gas (GAS), Vietinbank (CTG) and FPT Corp (FPT) along with Bao Viet Holdings (BVH), Vietcombank (VCB), Hoang Anh Gia Lai Co (HAG) and Bank of Investment Development of Vietnam (BIDV).
Thanks to the modest gains by Vinamilk (VNM), VinGroup (VIC) and Masan Group (MSN), the VN30, which tracks the top 30 shares by market value and liquidity, sustained the rise of 0.07 percent to end the session at 644 points.
Despite an increase of 0.6 percent in value, MSN shares were sold heavily by the foreign sector. Foreigners on August 6 sold nearly 1.5 million shares worth 129 billion VND (6.1 million USD), the highest volume and value in the history of this share, and accounted for over 70 percent of foreign total net sale value of 178 billion VND (8.4 million USD) on August 6.
Total trading improved slightly over August 5 with the market volume reaching 94 million shares and certificates, worth nearly 1.92 trillion VND (91 million USD), up 10 percent in volume and 20 percent in value.
Real estate FLC Group (FLC) secured the position of the most active stock on August 6 on total trade of 12 million shares but the share price sank 1.5 percent to end at 13,200 VND (0.63 USD) per share.
By contrast, the HNX-Index on the Hanoi Stock Exchange, propped up by blue chips, climbed 0.34 percent to end at 80.39 points.
Many shares on the HNX30, like PetroVietnam Technical Services Corporation (PVS), construction giant Vinaconex (VCG), Tien Phong Plastic Company (NTP) and PetroVietnam General Distribution Services Corporation (PSG), posted gains.
The HNX30 was also up 0.35 percent at 161.42 points.
The market volume grew 20 percent over the previous session, totalling nearly 51 million shares worth 597 billion VND (28.3 million USD).
Like FLC on the HCM City's market, KLF Joint Venture Global Investment Company (KLF) began to attract speculative investment. This share was the most active on the Hanoi bourse on August 6 with 9.3 million shares, surging 4.24 percent to close at 12,300 VND (0.56 USD) a share.
Foreign investors ended up as net buyers here, picking up shares worth over 10 billion VND (474,000 USD).-VNA
The benchmark VN-Index dipped from the five-year high to close at 606.70 points, down 0.17 per cent from August 5.
Most of the large-cap shares lost value. These included PV Gas (GAS), Vietinbank (CTG) and FPT Corp (FPT) along with Bao Viet Holdings (BVH), Vietcombank (VCB), Hoang Anh Gia Lai Co (HAG) and Bank of Investment Development of Vietnam (BIDV).
Thanks to the modest gains by Vinamilk (VNM), VinGroup (VIC) and Masan Group (MSN), the VN30, which tracks the top 30 shares by market value and liquidity, sustained the rise of 0.07 percent to end the session at 644 points.
Despite an increase of 0.6 percent in value, MSN shares were sold heavily by the foreign sector. Foreigners on August 6 sold nearly 1.5 million shares worth 129 billion VND (6.1 million USD), the highest volume and value in the history of this share, and accounted for over 70 percent of foreign total net sale value of 178 billion VND (8.4 million USD) on August 6.
Total trading improved slightly over August 5 with the market volume reaching 94 million shares and certificates, worth nearly 1.92 trillion VND (91 million USD), up 10 percent in volume and 20 percent in value.
Real estate FLC Group (FLC) secured the position of the most active stock on August 6 on total trade of 12 million shares but the share price sank 1.5 percent to end at 13,200 VND (0.63 USD) per share.
By contrast, the HNX-Index on the Hanoi Stock Exchange, propped up by blue chips, climbed 0.34 percent to end at 80.39 points.
Many shares on the HNX30, like PetroVietnam Technical Services Corporation (PVS), construction giant Vinaconex (VCG), Tien Phong Plastic Company (NTP) and PetroVietnam General Distribution Services Corporation (PSG), posted gains.
The HNX30 was also up 0.35 percent at 161.42 points.
The market volume grew 20 percent over the previous session, totalling nearly 51 million shares worth 597 billion VND (28.3 million USD).
Like FLC on the HCM City's market, KLF Joint Venture Global Investment Company (KLF) began to attract speculative investment. This share was the most active on the Hanoi bourse on August 6 with 9.3 million shares, surging 4.24 percent to close at 12,300 VND (0.56 USD) a share.
Foreign investors ended up as net buyers here, picking up shares worth over 10 billion VND (474,000 USD).-VNA
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