Main index extends gaining streak
The Saigon Times
|Investors watch stock information. The VN-Index of the Hochiminh Stock Exchange advanced 5.64 points, or 0.41%, from the session earlier, at 1,367.36 today, June 15 – PHOTO: VNA|
HCMC – Despite strong selling pressure, the sharp rise of property and securities stocks and several largecaps helped the VN-Index of the Hochiminh Stock Exchange move up and extend its winning streak to the third consecutive session today, June 15.
Closing the day, with 183 winners and 198 losers, the main index advanced 5.64 points, or 0.41%, from the session earlier, at 1,367.36.
The southern bourse saw over 730.9 million shares worth VND24.4 trillion change hands, down 6% in volume and 3% in value, against the previous session. Block deals contributed VND1.2 trillion to the total value.
Among gaining stocks in the VN30 basket, retailer VRE, housing developer VHM and property group VIC continued their upward spiral.
Refrigeration electric engineering corporation REE and insurer BVH reported a strong rise, while lender VCB, real estate developer NVL, budget carrier VJC and dairy firm VNM made mild gains.
Many property and construction stocks such as urban project developer KBC, industrial urban developer D2D and mining firm HCD shot up to their ceiling prices.
Other good performers included plastics company AAA, rubber group GVR and shipping firm VOS.
In the group of securities stocks, FTS stole the limelight as it hit its upper limit of 7%, while HCM and VCI jumped by over 4%.
Lender VPB became the biggest drag on the southern bourse as it plummeted 6.2% at the close, but took the lead by liquidity with a matching volume of 38 million shares.
On the Hanoi Stock Exchange, the poor performance of many large-cap stocks sent the HNX-Index down 0.72 points, or 0.22%, from the day earlier, at 318.29. Over 152 million shares worth VND4.1 trillion were traded at the close.
Lender SHB dipped by 4.1%, but was the most traded stock on the northern bourse with over 31 million shares changing hands.
Petroleum stock PVS, securities stock BVS, insurance company PVI and property firm CEO were among the biggest losers.