August 13: Vietnam Stocks Fall, VNIndex Fails to Test 500

13/08/2013

The benchmark VN Index lost 1.73 points or 0.35% to 497.73. Volume rose 14.3% to 36.52 million shares worth of VND648.6 billion. Put through trading contributed 0.96 million shares worth of VND67.33 billion.

 

Market breadth was negative with 72 gainers, 134 losers and 67 ended flat, the rest untraded.

 

The VN30 bucked trend to close up 0.29 point or 0.05% to 550.36. Among its 30 constituents, 9 gained, 16 lost, 5 unchanged.

 

Market opened in the red with 1.34 million shares changed hands. The trading was more active and the benchmark topped 500 psychological threshold. However, the gain was fragile as it depended on heavy weighs on thin volume, and green color was erased in the afternoon session when blue chips could not keep heat.    

                                          

Top 5 large caps which accounted for roughly 50% of market capitalization were mixed, VNM, VIC gained while VCB, GAS, MSN lost.

 

Banking shares were also mixed, STB, EIB gained while MBB, CTG stood still, VCB lost.

 

Broker shares were all losers except BSI that stood still.

 

On the Hanoi Stock Exchange, the HNX lost 0.22 point or 0.36% to 61.22. Trading volume rose 5% to 16.7 million shares worth VND148 billion.

 

The breadth was negative with 76 gainers, 88 losers, 67 unchanged and the rest untraded.

 

The HNX30 fell 0.71 points or 0.63% to 112.68.

 

PVX, KLS, SCR, FIT, SHB were the names in the top active today. FIT continued to perform well despite sluggish market in general.