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.
Illustrative Image (Source: VNA) Hanoi (VNA) – The VN-Index rose by 14.21 points to reach 949.73 points on July 30, with the majority of codes enjoying increases.
On the Ho Chi Minh Stock Exchange (HoSE), upturn was seen in the prices of 172 stock codes, while the prices of 52 shares remained unchanged and those of 114 others dropped.
Meanwhile, on the Hanoi Stock Exchange (HNX), the HNX-Index also increased 1.05 points to hit 106.76 points. The prices of 91 codes rose, while downturn was seen in 69 shares.
Despite the increase in both the VN-Index and HNX-Index, the market’s liquidity was still not improved as only 229 million shares were sold with a total value of 4.2 trillion VND.
In the VN30 group, which measures the performance of 30 stocks with the highest market capitalisation and liquidity on the HoSE, the prices of 23 codes rose with only four stocks dropping. The highest rise was seen in the prices of VJC with 7,000 VND per share, PNJ with 3,400 VND per share, and GAS and CTD with 2,100 VND and 2,600 VND per share, respectively. The prices of codes HSG and GMD reached their ceiling points.
Although four codes suffered from decreases – HPG, SAB, VNM, and NVL – the drop was only slight at 200-400VND per share.
The prices of oil and gas shares recovered with a rise of up to 1,300 VND per share, the same as those 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. The price of HAG expanded to 7,580 VND per share.
On the day, foreign investors bought 411,527 shares with 2.68 billion VND on the HNX and 359,310 shares worth 41.7 billion VND on the HoSE. –VNA
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