Tiếng Việt
普通话
In the morning, rubber producer VHG posted its 25th straight daily rise, from the VND400 on March 18 to VND2,070. This stock has advanced significantly despite its poor business performance from 2016 to 2018.
Except for the strong VHG sell-off, the southern bourse was on a muted note this morning since investors took caution.
Closing the day, the benchmark VN-Index managed to add 2.14 points, or 0.22%, against the previous session at 968 points. Market breadth was positive with 156 gainers and 122 decliners.
The HCMC exchange saw roughly 155 million shares worth VND4.1 trillion changing hands, down 28.4% and up 3%, respectively. Block deals contributed over VND1.6 trillion to the total value.
Among the major stocks, property developer VIC handed the strongest push to the index as it inched up 0.98% at VND113,000 while its associated firm VRE added 2.51% at VND34,700. Gas group GAS picked up 3.31% at VND113,000.
Other large-cap stocks such as lenders CTG and STB, petroleum group PLX, and insurer BVH also made positive contributions to the index.
Construction firm ROS led the market by liquidity with 9.72 million shares traded, and inched up 0.65% at VND31,200.
Foreign investors net sold more than 5.4 million shares worth around VND193 billion in securities firm VCI after VCI shareholders approved lower-than-expected business targets for 2019.
In contract, these investors net bought over 727,000 STB shares worth some VND8.6 billion.
On the Hanoi Stock Exchange, the HNX-Index rose 0.62% to close the day at 106.29 points, with 89 stocks advancing and 66 others falling. Around 29.5 million shares worth VND370 billion were transacted on the northern bourse.
Among the top 10 stocks by market capitalization, lender ACB recovered with a 1.02% rise to finish the day at VND29,600. Construction firm VCG also made a sharp turnaround, adding 2.29% at VND26,800.
Meanwhile, petroleum technical service firm PVS and building materials manufacturer VGC increased a slight 0.44% and 0.53% at VND22,900 and VND18,900.