Business

VN-Index rises, but liquidity remains low

The VN-Index rose by 14.21 points to reach 949.73 points on July 30, with the majority of codes enjoying increases.
VN-Index rises, but liquidity remains low ảnh 1Illustrative Image (Source: VNA)

Hanoi (VNA) –The VN-Index rose by 14.21 points to reach 949.73 points on July 30, with themajority of codes enjoying increases.

On the Ho Chi Minh StockExchange (HoSE), upturn was seen in the prices of 172 stock codes, while theprices of 52 shares remained unchanged and those of 114 others dropped.

Meanwhile, on theHanoi Stock Exchange (HNX), the HNX-Index also increased 1.05 points to hit106.76 points. The prices of 91 codes rose, while downturn was seen in 69 shares.

Despite the increasein both the VN-Index and HNX-Index, the market’s liquidity was still notimproved as only 229 million shares were sold with a total value of 4.2trillion VND.

In the VN30 group,which measures the performance of 30 stocks with the highest marketcapitalisation and liquidity on the HoSE, the prices of 23 codes rose with onlyfour stocks dropping. The highest rise was seen in the prices of VJC with 7,000VND per share, PNJ with 3,400 VND per share, and GAS and CTD with 2,100 VND and2,600 VND per share, respectively. The prices of codes HSG and GMD reachedtheir ceiling points.

Although four codessuffered from decreases – HPG, SAB, VNM, and NVL – the drop was only slight at200-400VND per share.

The prices of oil andgas shares recovered with a rise of up to 1,300 VND per share, the same asthose of the banking sector.

In the real estate sector,VHM’s price grew 4,600 VND per share, while VRE’s rose 600 VND per share. Theprice of HAG expanded to 7,580 VND per share.

On the day, foreign investors bought 411,527shares with 2.68 billion VND on the HNX and 359,310 shares worth 41.7 billionVND on the HoSE. –VNA 
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