An investor tracks stock market movements at Saigon-Hanoi Securities Co’s trading board (Photo: shs.com.vn) Hanoi (VNA) - Thebenchmark VN Index on the Ho Chi Minh Stock Exchange bounced back 0.2 per centto close at 663.86 points after sliding on December 26.
Market trading liquidity increasedfrom December 26’s session with more than 160 million shares being traded, worth3.26 trillion VND (145 million USD).
Market trading liquidity hasincreased significantly in the last two days as investors exchanged shares viaput-through trading method. More than 64.6 million shares were exchanged viathis method yesterday, worth 1.28 trillion VND.
Large-cap stocks continued to playan important role in keeping the southern market index up at the end ofyesterday’s session. Seven of the 10 largest stocks by market capitalisationmade gains.
Among those stocks, dairy producerVinamilk (VNM) rose 2 per cent after the DC Developing Markets StrategiesPublic Ltd Co registered to buy 500,000 shares of the largest dairy producerbetween December 28 and January 24.
Other large-cap stocks also madegains, including brewer Sai Gon Beer, Alcohol and Beverage Corporation (SAB),property and retail firm Vingroup (VIC) and Vietinbank (CTG). Those stocksedged up between 0.3 per cent and 0.7 per cent.
Faros Construction Corporation (ROS),insurance-finance group Bao Viet Holdings (BVH), retailer Mobile WorldInvestment Group (MWG) and ICT group FPT Corporation (FPT) also advanced.
ROS added 0.8 per cent, BVH inchedup 0.2 per cent, MWG increased by 0.4 per cent and FPT gained 1.1 per cent.
Hoang QuanConsulting-Trading-Service Real Estate Corp (HQC) was the most active stockafter investors exchanged nearly eight million of the company’s shares.
On the opposite side, steelproducers such as Hoa Phat Group (HPG) and Hoa Sen Group (HSG) suffered fromprofit-taking.
HPG fell 1.5 per cent after itjumped 6 per cent in the previous four sessions, and HSG dropped 2.9 per centafter rising 1 per cent on December 26.
On the Hanoi Stock Exchange, the HNXIndex retreated 0.5 per cent from December 26’s level to end at 78.87 points.
The northern market index was pulleddown by Asia Commercial Bank (ACB) and energy stocks.
ACB lost 2.2 per cent, while energystocks such as PetroVietnam Technical Services Corp (PVS) and PetroVietnamCoating Corp (PVB) declined by 1.2 per cent and 6.4 per cent, respectively.
More than 33 million shares weretraded on the northern bourse, worth nearly 347 billion VND. – VNA
VNA
