National stocks witnessed positive gains on August 14, with theVN-Index on the Hochiminh Stock Exchange adding 0.41 percent to reach605.25 points.
Trading value grew around 14 percent to 2.1 trillion VND (99 million USD) on a volume of 112 million shares.
TheVN30 Index, tracking the bourse's 30 leading shares, closed the sessionat 646.42 points, up 0.2 percent with 17 advancers and 10 decliners.
Topgainers were Da Nang Rubber (DRC), commercial baker Kinh Do (KDC), VinhSon – Song Hinh Hydropower (VSH) and dairy company Vinamilk (VNM). VSHjumped 3.4 percent, after its revenue in the second quarter doubled to92 billion VND (4.3 million USD) as compared to the same period lastyear.
On the Hanoi Stock Exchange, the HNX-Index also put on0.15 percent to reach 81.95 points. Blue chips in the northern marketlifted the HNX30 Index 0.2 percent higher to 165.76 points.
As more than 59.2 million shares were traded, trading value reached 718 billion VND (33.86 million USD).
Securitiesshares that were favoured during the session included Saigon Securities(SSI), VNDirect (VND) and Bao Viet Securities (BVS) along with BIDVSecurities (BSI), HCM City Securities (HCM) and Kim Long (KLS). SaiGon-Hanoi Securities (SHS) and Vietinbank Securities (CTS) also foundfavour.
Foreign investors bought and sold 13.6 million shares onboth exchanges, increasing nearly 24 percent over August 13 session.They were net sellers for the eighth successive session on the HCMCity’s stock exchange with a net value of 109.8 billion VND (5.2 millionUSD) while they ended up as net buyers in Hanoi with 11.3 billion VND(533,000 USD).
The sale by foreign investors was of somespecific stocks rather than the entire market. Andy Ho, CEO of VinaCapital told Dau Tu Chung Khoan (Securities Investment) that he believedthat if foreign investors sell in August, it was purely a short-termprofit-making activity.-VNA
Trading value grew around 14 percent to 2.1 trillion VND (99 million USD) on a volume of 112 million shares.
TheVN30 Index, tracking the bourse's 30 leading shares, closed the sessionat 646.42 points, up 0.2 percent with 17 advancers and 10 decliners.
Topgainers were Da Nang Rubber (DRC), commercial baker Kinh Do (KDC), VinhSon – Song Hinh Hydropower (VSH) and dairy company Vinamilk (VNM). VSHjumped 3.4 percent, after its revenue in the second quarter doubled to92 billion VND (4.3 million USD) as compared to the same period lastyear.
On the Hanoi Stock Exchange, the HNX-Index also put on0.15 percent to reach 81.95 points. Blue chips in the northern marketlifted the HNX30 Index 0.2 percent higher to 165.76 points.
As more than 59.2 million shares were traded, trading value reached 718 billion VND (33.86 million USD).
Securitiesshares that were favoured during the session included Saigon Securities(SSI), VNDirect (VND) and Bao Viet Securities (BVS) along with BIDVSecurities (BSI), HCM City Securities (HCM) and Kim Long (KLS). SaiGon-Hanoi Securities (SHS) and Vietinbank Securities (CTS) also foundfavour.
Foreign investors bought and sold 13.6 million shares onboth exchanges, increasing nearly 24 percent over August 13 session.They were net sellers for the eighth successive session on the HCMCity’s stock exchange with a net value of 109.8 billion VND (5.2 millionUSD) while they ended up as net buyers in Hanoi with 11.3 billion VND(533,000 USD).
The sale by foreign investors was of somespecific stocks rather than the entire market. Andy Ho, CEO of VinaCapital told Dau Tu Chung Khoan (Securities Investment) that he believedthat if foreign investors sell in August, it was purely a short-termprofit-making activity.-VNA
