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VN-Index witnesses slight recovery on week’s beginning

The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 0.63 point to 960.23 points on August 6.
VN-Index witnesses slight recovery on week’s beginning ảnh 1Benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rises 0.63 point to 960.23 points on August 6(Photo: VNA)

Hanoi (VNA) – The benchmark VN-Index on the Ho Chi Minh StockExchange (HOSE) rose 0.63 point to 960.23 points on August 6.

The southern market saw 115 gainers and 156 decliners, and traded more than299.66 million shares worth over 5.25 trillion VND (225.75 million USD).

Meanwhile, the HNX-Index swindled 0.64 point to 105.6points. There were 52 advancing codes and 90 declining codes. More than 37.5million shares were sold on the bourse at nearly 511 billion VND (21.97 millionUSD).

In the large-cap VN30 group, there were 17 decliners, with worst performers beingPhu Nhuan Joint Stock Company - PNJ (2,000 VND per share), CotecconsConstruction Joint Stock Company - CTD (4,500 VND per share), dairy producerVinamilk - VNM (1,700 VND per share), Mobile World Group - MWG (1,500 VND pershare), and brewery Sabeco - SAB (900 VND per share).

PetroVietnam Gas Joint Stock Company (GAS) and Petroleum Group (PLX), the twolarge-cap stocks in oil and gas sector, witnessed strongest growth when priceof GAS increased 2,500 VND per share, and PLX went up 1,300 VND per share.

Red margin dominated the oil and gas stocks of PV Oil (OIL), PV Oil Lube JointStock Company (PVO), PetroVietnam Coating Joint Stock Company (PVB), PetroVietnamTechnical Services (PVS), and banking shares of Asia Commercial Bank (ACB), LienVietPost Joint Stock Bank (LPB), Military Commercial Joint Stock Bank (MBB), SaiGon Hanoi Joint Stock Bank (SHB), Vietnam Technological and Commercial JointStock Bank (TCB), Tien Phong Commercial Joint Stock Bank (TPB), VietnamInternational Commercial Joint Stock Bank (VIB), and VPB (Vietnam ProsperityJoint Stock Bank).

The upward trend was seen in Bank for Foreign Trade of Vietnam (VCB), Sai GonThuong Tin Commercial Joint Stock Bank (STB), National Citizen Commercial JointStock Bank (NVB), Vietnam Commercial Joint Stock Export Import Bank (EIB), and Bankfor Investment and Development of Vietnam (BID). However, 500 VND per share wasthe largest move which was recorded in VCB.

Securities stocks also had gloomy trading day with red colour occupying Sai GonHanoi Securities Joint Stock Company (SHS), Viet Capital Securities Joint StockBank (VCI), VNDirect Securities Corporation (VND), and Ho Chi Minh StockExchange (HCM).

On the day, foreign investors bought more than 2.1 million shares worth 25.77billion VND (1.11 million USD) on the HNX. PVC and SHS were the most favourblestocks.

Foreign players sold over 9 million shares at 388.21 billion VND (16.69 millionUSD) on the HOSE.-VNA

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