VN-Index loses gains on foreign investor disinterest
The VN-Index reversed some of March 1’s gains and closed back to 501 points on
March 2, a decline on the day of 0.40 percent.
The VN-Index reversed some of March 1’s gains and closed back to 501 points on
March 2, a decline on the day of 0.40 percent.
The value of trades on the Ho Chi Minh Stock Exchange climbed to 1.6 trillion VND (84.2 million USD), however, on a total volume of 42.7 million shares.
Steel producer Huu Lien Asia (HLA) became the most active share with 2.7 million traded, thanks to a forecast of rising steel prices in March, made by the Vietnam Steel Association.
News of a steel prices hitting 600,000 VND per tonne this month encouraged steel stocks generally.
The HCM City exchange on March 2 also welcomed its 214 th listing, by the Southern Logistics Co (STG). STG shares closed unchanged on their opening day at 24,000 VND per share.
On the Hanoi Stock Exchange, the HNX-Index also headed south by 0.52 percent, ending its session at 165.41 points. Activity rose to 25.3 million shares, worth a total of 822.7 billion VND (43.3 million USD), as Kim Long Securities Co (KLS) posted an impressive volume of 3.7 million shares.
Foreign investors were net buyers in Hanoi but by a slender volume of just 340,600 shares./.
The value of trades on the Ho Chi Minh Stock Exchange climbed to 1.6 trillion VND (84.2 million USD), however, on a total volume of 42.7 million shares.
Steel producer Huu Lien Asia (HLA) became the most active share with 2.7 million traded, thanks to a forecast of rising steel prices in March, made by the Vietnam Steel Association.
News of a steel prices hitting 600,000 VND per tonne this month encouraged steel stocks generally.
The HCM City exchange on March 2 also welcomed its 214 th listing, by the Southern Logistics Co (STG). STG shares closed unchanged on their opening day at 24,000 VND per share.
On the Hanoi Stock Exchange, the HNX-Index also headed south by 0.52 percent, ending its session at 165.41 points. Activity rose to 25.3 million shares, worth a total of 822.7 billion VND (43.3 million USD), as Kim Long Securities Co (KLS) posted an impressive volume of 3.7 million shares.
Foreign investors were net buyers in Hanoi but by a slender volume of just 340,600 shares./.
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