Saturday, August 19, 2017 - 12:44:51

Bourse down in HCM City, up in Hanoi

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On the Ho Chi Minh Stock Exchange, the VN-Index gave up 0.24 percent to close March 12 session at 475.34 points.

Trading improved slightly over March 11, totalling 60.3 million shares, worth 918.3 billion VND (43.7 million USD).

Seventeen of the top 30 shares by market capitalisation and liquidity decreased, which made the VN30 decline 0.47 percent to 547.63 points.

Modest gains of Bao Viet Holdings (BVH), Vietcombank (VCB) and Masan Group (MSN) could not lift the index while other heavyweight shares such as Vietinbank (CTG), Vinamilk (VNM), VinGroup (VIC) and Hoang Anh Gia Lai Group (HAG) all slumped.

Despite opening low, the HNX-Index on the Hanoi Stock Exchange closed up 0.27 per cent at 62.22 points on late buying, even though decliners outnumbered advancers by 115-85.

Total trading value reached over 501 billion VND (23.9 million USD).

Sai Gon-Ha Noi Bank (SHB) led the market in the afternoon session with a total of 9 million shares traded, but shares declined 1.4 percent in value to 7,100 VND each.

Foreign investors returned as net buyers on the HCM City market, picking up shares worth 125.6 billion VND (6 million USD), but they were net sellers on the Hanoi exchange, unloading shares worth over 13 billion VND (625,200 USD).-VNA
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