VN-Index closes on a high note
Shares gained on the Hochiminh Stock Exchange but finished in the red on the Hanoi Stock Exchange on January 12.
Shares gained on the Hochiminh Stock Exchange but finished in the red on the Hanoi Stock Exchange on January 12.
The VN-Index on the Hochiminh Stock Exchange added 0.81 percent to 574.32 points.
The total transaction value reached nearly 2.2 trillion VND (103.3 million USD) on a volume of over 134.9 million shares.
Blue chips were mixed, pushing the VN30 Index down 0.43 percent to 615.73 points. Among seven gainers, Sacombank (STB) advanced 2.7 percent, and insurer Bao Viet Holdings (BVH) rose by two percent.
However, decliners overwhelmed with 23 codes, especially property developer FLC Group (FLC), Phu My Fertiliser (DPM), logistic company Gemadept (GMD), financial group Ocean (OGC), Pha Lai Thermalpower (PPC) and Vinamilk (VNM).
Although shares tracked by the VN30 Index generally did not perform well, the benchmark index still managed to rally, thanks to PetroVietnam Gas (GAS) and the Bank for Investment and Development of Vietnam (BID), which hit the ceiling prices on January 12.
Also, the highlight of the market was OGC shares with 32.25 million units changing hands. Each time the stock showed signs of reviving, selling pressure sent it plunging back. Ending the session, OGC lost 4.8 percent to just 6,000 VND.
VNDirect Securities continued to hold firm to its belief that blue chips would be the mainstay of the market. In the short term, at least in this week's trading, national stocks would grow, predicted analysts from VietCapital Securities Company.
On the Hanoi Stock Exchange, the HNX-Index tumbled by 1.09 percent to close the session at 84.72 points.
As 47.4 million shares were traded, the value of transactions reached only 624 billion VND (29.3 million USD).
The HNX30 Index retreated more heavily at 1.11 percent, standing at 164.85 points. Foreign investors concluded as net buyers January 12 by over 58 billion VND (2.7 million USD).-VNA
The VN-Index on the Hochiminh Stock Exchange added 0.81 percent to 574.32 points.
The total transaction value reached nearly 2.2 trillion VND (103.3 million USD) on a volume of over 134.9 million shares.
Blue chips were mixed, pushing the VN30 Index down 0.43 percent to 615.73 points. Among seven gainers, Sacombank (STB) advanced 2.7 percent, and insurer Bao Viet Holdings (BVH) rose by two percent.
However, decliners overwhelmed with 23 codes, especially property developer FLC Group (FLC), Phu My Fertiliser (DPM), logistic company Gemadept (GMD), financial group Ocean (OGC), Pha Lai Thermalpower (PPC) and Vinamilk (VNM).
Although shares tracked by the VN30 Index generally did not perform well, the benchmark index still managed to rally, thanks to PetroVietnam Gas (GAS) and the Bank for Investment and Development of Vietnam (BID), which hit the ceiling prices on January 12.
Also, the highlight of the market was OGC shares with 32.25 million units changing hands. Each time the stock showed signs of reviving, selling pressure sent it plunging back. Ending the session, OGC lost 4.8 percent to just 6,000 VND.
VNDirect Securities continued to hold firm to its belief that blue chips would be the mainstay of the market. In the short term, at least in this week's trading, national stocks would grow, predicted analysts from VietCapital Securities Company.
On the Hanoi Stock Exchange, the HNX-Index tumbled by 1.09 percent to close the session at 84.72 points.
As 47.4 million shares were traded, the value of transactions reached only 624 billion VND (29.3 million USD).
The HNX30 Index retreated more heavily at 1.11 percent, standing at 164.85 points. Foreign investors concluded as net buyers January 12 by over 58 billion VND (2.7 million USD).-VNA
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