A decline in blue chips sent the HCM Stock Exchange into negative territory on July 14, while a rally in listed securities companies helped shares on the Hanoi bourse.
On the HCM City exchange, the VN-Index lost 0.34 percent to close the session at 507.34 points. Market volume continued to rise by 13 percent from Tuesday's level to 52.5 million shares, worth a combined nearly 1.6 trillion VND (83.6 million USD).
Losers outnumbered gainers by 149-61, with Sacombank (STB) continuing as the most-active share on a volume of nearly 3 million.
Major decliners included Vietcombank (VCB), with a loss of 3.24 percent; Song Da Urban and Industrial Zone Investment and Development (SJS), down 1.87 percent; software giant FPT, with a loss of 1.43 percent on the day; Tu Liem Urban Development (NTL), down 1.22 percent; and Vietinbank (CTG), off 1.14 percent.
On the Hanoi Stock Exchange, the HNX-Index closed up 0.32 percent to 162.42 points, widening its five-day gains to 4.73 percent. Trading volume increased by 26 percent over today's level to 52 million shares, worth a total of 1.47 trillion VND (77.4 million USD).
An impressive surge by shares of securities companies resulted in the rising index. Kim Long Securities Co (KLS) climbed by 6.56 percent to close at 19,500 VND (1.03 USD) and was the most heavily-traded share nationwide, with a whopping 9 million traded. Sai Gon Hanoi Securities (SHS), Bao Viet Securities (BVS), VNDirect Securities (VND) and Orient Securities (ORS) all also posted gains.
Saigon Securities Inc (SSI) was the most sought-after share by foreign investors, who snapped up a net of 361,000 SSI shares.
Foreign investors currently hold nearly 46 percent of SSI shares./.
On the HCM City exchange, the VN-Index lost 0.34 percent to close the session at 507.34 points. Market volume continued to rise by 13 percent from Tuesday's level to 52.5 million shares, worth a combined nearly 1.6 trillion VND (83.6 million USD).
Losers outnumbered gainers by 149-61, with Sacombank (STB) continuing as the most-active share on a volume of nearly 3 million.
Major decliners included Vietcombank (VCB), with a loss of 3.24 percent; Song Da Urban and Industrial Zone Investment and Development (SJS), down 1.87 percent; software giant FPT, with a loss of 1.43 percent on the day; Tu Liem Urban Development (NTL), down 1.22 percent; and Vietinbank (CTG), off 1.14 percent.
On the Hanoi Stock Exchange, the HNX-Index closed up 0.32 percent to 162.42 points, widening its five-day gains to 4.73 percent. Trading volume increased by 26 percent over today's level to 52 million shares, worth a total of 1.47 trillion VND (77.4 million USD).
An impressive surge by shares of securities companies resulted in the rising index. Kim Long Securities Co (KLS) climbed by 6.56 percent to close at 19,500 VND (1.03 USD) and was the most heavily-traded share nationwide, with a whopping 9 million traded. Sai Gon Hanoi Securities (SHS), Bao Viet Securities (BVS), VNDirect Securities (VND) and Orient Securities (ORS) all also posted gains.
Saigon Securities Inc (SSI) was the most sought-after share by foreign investors, who snapped up a net of 361,000 SSI shares.
Foreign investors currently hold nearly 46 percent of SSI shares./.
