Viet Reader.

VR.

Premier Newspaper for Vietnamese Worldwide

VN-Index makes modest increase

VN-Index makes modest increase

The facade of the Hochiminh Stock Exchange in District 1, HCMC. The benchmark VN-Index rose a modest 0.33% to close at 1,287.93 points today, July 27 - PHOTO: COURTESY OF HOSE

HCMC - The benchmark VN-Index of the Hochiminh Stock Exchange rose a modest 0.33% today, July 27 to close at 1,287.93 points, an increase of 4.22 points compared with the earlier session.

There were more than 577.6 million shares worth some VND18.5 trillion changing hands on the southern bourse, increasing 14% in volume and 16% in value against the previous session. Gaining stocks outnumbered losing ones, at 206 to 166.

More than 46.8 million shares worth nearly VND2.2 trillion were traded in block deals.

Among large-cap stocks, consumer goods manufacturer MSN and lender TPB were the best performers, surging 3.6% to VND125,500 and VND34,100, respectively. Besides, retailer VRE rose 3.4% to VND27,650, electricity firm POW increased 2.9% to VND10,800 and brokerage firm SSI grew 2.4% to VND52,000.

Meanwhile, PLX, GAS, TCH, CTG, HPG, STB, TCB and REE edged up 0.8-1.5%. VJC, VPB, MBB, BID, KDB and VIC increased insignificantly.

In contrast, dairy giant VNM and housing firm VHM recorded the steepest drop, down 1.6%. MWG, SBT, VCB, NVL, PDR and PNJ fell slightly.

Lender STB was the most actively traded stock among heavyweights with more than 29.76 million shares changing hands, followed by steelmaker HPG with over 18.2 million shares traded. Financial stocks MBB, VPB, TCB, SSI and CTG had 11.59-15.89 million shares traded each.

In the group of speculative stocks, property developer FLC rose 2.4% to VND10,850 and took the lead in terms of liquidity on the southern bourse with over 34.66 million shares changing hands.

PSH and AGG shot up to the ceiling prices, at VND23,600 and VND54,100, respectively.

HSG, ROS, AAA, HCM, TTF, PVD, GEX and VCI also achieved strong growth and had good liquidity.

On the Hanoi Stock Exchange, the HNX-Index rose 1.03%, or 3.12 points, to close at 306 points, with gainers outnumbering decliners by 93 to 71. There were 90.3 million shares worth some VND2.15 trillion changing hands.

The major gainers were lender NVB and securities stocks VND and SHS, surging 5.7% to VND18,400, 3.8% to VND43,500 and 3.3% to VND40,200, respectively.

In addition, petroleum stock PVS rose 3% to VND24,300 and securities stock BSI rose 2.4% to VND21,000.

In contrast, asset management corporation TVC and investment and trading company TNG experienced the steepest decline, down 3.7% to VND13,000 and 2.3% to VND21,200, respectively.

VND took the lead in terms of liquidity on the northern bourse with 12.7 million shares changing hands, followed by PVS with 10.6 million shares and bank stock SHB with 7.12 million shares.

About author
You should write because you love the shape of stories and sentences and the creation of different words on a page.
View all posts
More on this story