Tiếng Việt
普通话
The benchmark index lost 6.66 points, or 0.7%, to 946.95 at the close today, June 17, with 114 stocks advancing and 187 others falling. Trading volume on the southern bourse picked up over 11% against last Friday at 174 million shares and value rose some 16% at VND4 trillion.
Among the top 10 stocks by market capitalization, lender CTG was the only stock to edge up 0.74% to VND20,450. Six other stocks ended lower while the remaining three — lender VCB, dairy firm VNM, and brewery SAB — closed at their reference prices.
Closing unchanged, however, was an upside for VNM and SAB because these two stocks had slipped in morning trade.
As for major stocks, leading property developer VIC dropped 0.87% to VND114,500 per share and its affiliate VHM slid 2.37% to VND78,000. In addition, many bluechips nosedived by more than 1%, such as lender TCB, low-cost carrier VJC, national flag carrier HVN, and property firm NVL.
Among the gainers, State-owned electricity firm POW added 2.24% to VND15,950 with over 3.6 million shares changing hands and bank stock EIB rose 1.9% with trading volume exceeding one million shares.
Construction firm ROS continued to be the most actively traded stock on the HCMC market with more than 10 million shares transacted. ITA, an industrial zone operator, and HPG, a steelmaker, came next by liquidity with matching volume exceeding three million shares each.
On the Hanoi market, strong demand had driven the HNX-Index down to reference level in early afternoon trade, but the index managed to bounce back by gaining 0.04 point, or 0.04% to 103.5, with 52 stocks winning and 82 losing.
The top contributors to the index’s rise were construction firm VCG with 2.4 million shares traded and gas firm PVS with 1.6 million shares changing hands.
Notably, transactions by foreign investors were the limelight of the session as they net bought more than VND100 billion of shares on the two exchanges, mainly of bluechips such as the dairy firm VNM, State-owned electricity firm POW, and insurer BVH.
Particularly, foreign investors actively net bought over 1.9 million shares valued at about VND103 billion on the HCMC bourse, after three consecutive net-selling sessions.
Given fears of market volatility, KIS Vietnam Securities Corporation said in a report relealsed today that investors should remain highly cautious and observe market movements before trading.