Shares in slight rebound, trading remains sluggish
Shares managed to rebound on June 3 but trading was sluggish due to a modest capital inflow.
Shares managed to rebound on June 3 but trading was sluggish due to a modest capital inflow.
The caution of local investors held back the VN-Index from regaining its previous 560-point level despite positive economic updates about the index of industrial production, exports, and purchasing manager index.
On the Ho Chi Minh Stock Exchange, the VN-Index rose by 1.96 points or as much as 0.35 percent to finish at 558.76 points.
The trading volume and value were at very low levels with only 58.6 million shares changing hands, worth 894.5 billion VND (42.5 million USD) as investors hesitated to join the market, waiting for a clearer market trend.
With gainers overwhelmed losers by 14-9, the VN30-Index, tracking the performance of the southern bourse's largest stocks by capitalisation and liquidity, added 0.25 percent to 612.49 points.
Advancers included Bao Viet Holdings (BVH), Masan Group (MSN), PetroVietnam Drilling Corporation (PVD) and Sacombank (STB) which added between 400 VND (0.019 USD) to 1,000 VND (0.047 USD) a share each.
Large-cap stocks which fell on June 3 included Vingroup (VIC), PetroVietnam Low Pressure Gas Distribution Corporation (PGD), Vietinbank (CTG) and Vietcombank (VCB).
Over all, on the southern bourse, 102 codes added value while 78 codes dropped.
FLC Group (FLC) was the most heavily-traded stock with more than 10.5 million shares changing hands.
On Hanoi Exchange, the HNX-Index slightly rose by 0.21 percent to 74.96 points while the HNXFF-Index, composed of stocks with minimum free float rate 5 percent, added 0.2 percent to finish at 75.43 points.
Tracking top stocks, the HNX30-Index advanced by 0.4 percent to end at 149.24 points.
A modest 36.9 million shares traded, worth 345.4 billion VND (16.4 million USD).
Foreign investors continued to be net buyers of a net value of 152.64 billion VND (7.26 million USD) on both bourses on June 3.-VNA
The caution of local investors held back the VN-Index from regaining its previous 560-point level despite positive economic updates about the index of industrial production, exports, and purchasing manager index.
On the Ho Chi Minh Stock Exchange, the VN-Index rose by 1.96 points or as much as 0.35 percent to finish at 558.76 points.
The trading volume and value were at very low levels with only 58.6 million shares changing hands, worth 894.5 billion VND (42.5 million USD) as investors hesitated to join the market, waiting for a clearer market trend.
With gainers overwhelmed losers by 14-9, the VN30-Index, tracking the performance of the southern bourse's largest stocks by capitalisation and liquidity, added 0.25 percent to 612.49 points.
Advancers included Bao Viet Holdings (BVH), Masan Group (MSN), PetroVietnam Drilling Corporation (PVD) and Sacombank (STB) which added between 400 VND (0.019 USD) to 1,000 VND (0.047 USD) a share each.
Large-cap stocks which fell on June 3 included Vingroup (VIC), PetroVietnam Low Pressure Gas Distribution Corporation (PGD), Vietinbank (CTG) and Vietcombank (VCB).
Over all, on the southern bourse, 102 codes added value while 78 codes dropped.
FLC Group (FLC) was the most heavily-traded stock with more than 10.5 million shares changing hands.
On Hanoi Exchange, the HNX-Index slightly rose by 0.21 percent to 74.96 points while the HNXFF-Index, composed of stocks with minimum free float rate 5 percent, added 0.2 percent to finish at 75.43 points.
Tracking top stocks, the HNX30-Index advanced by 0.4 percent to end at 149.24 points.
A modest 36.9 million shares traded, worth 345.4 billion VND (16.4 million USD).
Foreign investors continued to be net buyers of a net value of 152.64 billion VND (7.26 million USD) on both bourses on June 3.-VNA
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