Shares low in north, up in south
Sluggish trading in blue chips on the HCM Stock Exchange on June 17 held
the VN-Index to a close of 510.76, largely unchanged from the previous
session.
Sluggish trading in blue chips on the HCM Stock Exchange on June 17 held
the VN-Index to a close of 510.76, largely unchanged from the previous
session.
Increased profit-taking helped lift trading volumes by 8 percent to 53.35 million shares, worth a total of over 1.7 trillion VND (93.7 million USD).
Decliners outnumbered advancers by 105-84, with Ocean Group (OGC) again being the most-active share on the HCM City bourse with nearly 3 million traded. OGC shares lost 4.79 percent of their value, however, to close at 39,700 VND (2.10 USD).
A number of blue chips on the HCM City market were buoyed by heavier buy-ins from foreign investors, including Vietcombank (VCB), Kinh Bac City Development (KBC), Phu My Fertilisers (DPM) and FPT, although volumes remained low in each code.
Other major shares either remained unchanged – such as Hoang Anh Gia Lai (HAG), Eximbank (EIB) and Vincom (VIC) – a number posted losses, including Saigon Securities Inc (SSI), Sacombank (STB), Hoa Phat Group (HPG) and Vinamilk (VNM).
On the Hanoi Stock Exchange, meanwhile, the HNX-Index dropped by 0.84 percent to close the day's trades at 162.25. Trading value continued to rise, reaching nearly 1.48 trillion VND (78.3 million USD) on a volume of almost 45 million shares. Losers outnumbered gainers by 167-96, however, with PetroVietnam Construction (PVX) being the most heavily-traded share with 6.4 million shares changing hands.
Among 27 codes making the greatest gains in value on the Hanoi exchange, most were penny stocks targeted by speculators, including Vinaconex Investment and Tourism Development Co (VCR), Song Da No 6.06 (SD6), Tasco Co (HUT) and Vneco 9 Electricity Construction Co (VE9), with the latter rising for the ninth day./.
Increased profit-taking helped lift trading volumes by 8 percent to 53.35 million shares, worth a total of over 1.7 trillion VND (93.7 million USD).
Decliners outnumbered advancers by 105-84, with Ocean Group (OGC) again being the most-active share on the HCM City bourse with nearly 3 million traded. OGC shares lost 4.79 percent of their value, however, to close at 39,700 VND (2.10 USD).
A number of blue chips on the HCM City market were buoyed by heavier buy-ins from foreign investors, including Vietcombank (VCB), Kinh Bac City Development (KBC), Phu My Fertilisers (DPM) and FPT, although volumes remained low in each code.
Other major shares either remained unchanged – such as Hoang Anh Gia Lai (HAG), Eximbank (EIB) and Vincom (VIC) – a number posted losses, including Saigon Securities Inc (SSI), Sacombank (STB), Hoa Phat Group (HPG) and Vinamilk (VNM).
On the Hanoi Stock Exchange, meanwhile, the HNX-Index dropped by 0.84 percent to close the day's trades at 162.25. Trading value continued to rise, reaching nearly 1.48 trillion VND (78.3 million USD) on a volume of almost 45 million shares. Losers outnumbered gainers by 167-96, however, with PetroVietnam Construction (PVX) being the most heavily-traded share with 6.4 million shares changing hands.
Among 27 codes making the greatest gains in value on the Hanoi exchange, most were penny stocks targeted by speculators, including Vinaconex Investment and Tourism Development Co (VCR), Song Da No 6.06 (SD6), Tasco Co (HUT) and Vneco 9 Electricity Construction Co (VE9), with the latter rising for the ninth day./.
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