Sober trades hold market in check

The HCM stock market tread water on Jan. 14 on greatly reduced trading, with the VN-Index closing up just 0.73 percent on the day to 512.33 points.
The HCM stock market tread water on Jan. 14 on greatly reduced trading, with the VN-Index closing up just 0.73 percent on the day to 512.33 points.

The value of trades totalled only 1.56 trillion VND (84.3 million USD) on a modest volume of 35.45 million shares. Sacombank (STB) was the most active share on the day, with 2.3 million.

In Hanoi , the HNX-Index also rose slightly, adding 0.77 percent to end the session at 175.69. Daily value remained high, however, at over 1 trillion VND (55 million USD), on a volume of 29.2 million shares.

Vietnam-Germany Steel Pipe Co (VGS) led the northern market, with over 5 million shares traded.

Foreign investors became net sellers on Jan. 14 on the HCM Stock Exchange, but by a meagre volume of just 452,280 shares, while they remained net buyers in Hanoi by a margin of 141,100 shares./.

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