Continued mixed trading kept the VN-Index largely unchanged on Aug. 27, ending the day’s session up just 0.21 percent at 527 points.   

Blue chips FPT, PetroVietnam Finance (PVF) and Refrigeration Electrical Engineering Corp (REE) all closed unchanged and let the market to marginal overall gains despite advancers outnumbering decliners by 98 to 38.

Volume declined 8 percent from August 26 to 47.7 million shares, worth a combined 1.9 trillion VND (106.7 million USD). Sacombank (STB) led the market with 3.6 million shares traded, or 7 percent of the total volume.     
On the    Hanoi   Stock Exchange on Aug. 27, the HNX-Index closed off just 0.16 percent to 164.13 points, on a poor performance by major stocks including Bao Viet Securities (BVS, Petroleum Technical Services Corp (PVS) and PetroVietnam Insurance (PVI).

The value of the day’s trades reached 940.4 billion VND (52.8 million USD)    on a    volume of 27.3 million shares, while Asia Commercial Bank (ACB) regained its position as the most active share with 2.6 million changing hands, followed closely by Vinaconex Group (VCG) with 2.5 million.    
Vietnam International Securities Co analysts said that investors interest on Aug. 27 returned to small shares in such areas as construction materials, marine transport, energy and minerals, and education, after concentrating on major stocks during the previous two sessions.

The brokerage’s general director, Pham Linh, predicted that upward moves would be the prevailing trend in September although the market was likely to see some short downward adjustments as a result of short-term investments.          “The market has shown quite stable growth over the past few weeks with waves of growth seen in both penny stocks and blue chips,” Linh said.

Economic growth, inflation, business performance and Government monetary policies would be major factors affecting market development in the coming months, he said.

In   HCM   City, foreign investors finished the day as net buyers of 19 billion VND (1.1 million USD) worth of shares. In   Hanoi, they picked up a net of 5 billion VND (281,000 USD)./.