Shares on the Ho Chi Minh Stock Exchange (HoSE) slightly increased on August 20 thanks to the strong surge of heavyweight stocks (Photo: VNA)
 
Hanoi (VNA) – Shares on the Ho Chi Minh Stock Exchange (HoSE) slightly increased on August 20 thanks to the strong surge of heavyweight stocks.

The benchmark VN-Index on the southern bourse inched up 0.74 point to 969.62 points at the end of the trading day. There were 130 advancers, 150 decliners and 59 codes ending flat.

A total 180.8 million shares were sold on the day at more than 4 trillion VND (172 million USD).

The red margin dominated many large caps such as Hoa Sen Group (HSG), Hoa Phat Group JSC (HPG), Faros Construction Corporation (ROS), and Hau Giang Pharmaceutical JSC (DHG).

However, the upturn of other large caps propped up the stock market on the day. A strong surge was seen in the trading of dairy producer Vinamilk’s shares (VNM) up 1,600 VND per share; Mobile World Group’s shares (MWG) up 2,900 VND per share; Petroleum Group’s share (PLX), up 1,300 VND per share; and PetroVietnam Gas JSC (GAS) up 2,000 VND per share.

It was a gloomy day for banking and securities stocks with VPB, VCB, TPB, STB, MBB, HDB, CTG, SSI, SHS, and VCI among the worst performers.

On the Hanoi Stock Exchange (HNX), the HNX-Index rose 0.04 point to 108.06 points. There were 62 advancing codes, 83 declining codes, and 61 codes ending flat. More than 31.5 million stocks were traded at over 407.1 billion VND (17.5 million USD).

Foreign players continued to offload local shares on the day. They net sold 89,370 units sold on the HNX, and 4.19 million on the HoSE. –VNA