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VN-Index witnesses slight recovery on week’s beginning
VietnamPlus - 8/7/2018 9:27:14 AM
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The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HOSE) rose 0.63 point to 960.23 points on August 6.
 
The southern market saw 115 gainers and 156 decliners, and traded more than 299.66 million shares worth over 5.25 trillion VND (225.75 million USD).
 
Meanwhile, the HNX-Index swindled 0.64 point to 105.6 points. There were 52 advancing codes and 90 declining codes. More than 37.5 million shares were sold on the bourse at nearly 511 billion VND (21.97 million USD).
 
In the large-cap VN30 group, there were 17 decliners, with worst performers being Phu Nhuan Joint Stock Company - PNJ (2,000 VND per share), Coteccons Construction Joint Stock Company - CTD (4,500 VND per share), dairy producer Vinamilk - VNM (1,700 VND per share), Mobile World Group - MWG (1,500 VND per share), and brewery Sabeco - SAB (900 VND per share).
 
PetroVietnam Gas Joint Stock Company (GAS) and Petroleum Group (PLX), the two large-cap stocks in oil and gas sector, witnessed strongest growth when price of 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 Joint Stock Company (PVO), PetroVietnam Coating Joint Stock Company (PVB), PetroVietnam Technical Services (PVS), and banking shares of Asia Commercial Bank (ACB), LienViet Post Joint Stock Bank (LPB), Military Commercial Joint Stock Bank (MBB), Sai Gon Hanoi Joint Stock Bank (SHB), Vietnam Technological and Commercial Joint Stock Bank (TCB), Tien Phong Commercial Joint Stock Bank (TPB), Vietnam International Commercial Joint Stock Bank (VIB), and VPB (Vietnam Prosperity Joint Stock Bank). 
 
The upward trend was seen in Bank for Foreign Trade of Vietnam (VCB), Sai Gon Thuong Tin Commercial Joint Stock Bank (STB), National Citizen Commercial Joint Stock Bank (NVB), Vietnam Commercial Joint Stock Export Import Bank (EIB), and Bank for Investment and Development of Vietnam (BID). However, 500 VND per share was the largest move which was recorded in VCB.
 
Securities stocks also had gloomy trading day with red colour occupying Sai Gon Hanoi Securities Joint Stock Company (SHS), Viet Capital Securities Joint Stock Bank (VCI), VNDirect Securities Corporation (VND), and Ho Chi Minh Stock Exchange (HCM).
 
On the day, foreign investors bought more than 2.1 million shares worth 25.77 billion VND (1.11 million USD) on the HNX. PVC and SHS were the most favourble stocks.
 
Foreign players sold over 9 million shares at 388.21 billion VND (16.69 million USD) on the HOSE.-VNA
 
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