Shares declined on the HCM Stock Exchange on the last four days this week, but strong demand from local traders cushioned the market. (Photo: VNA) Hanoi (VNA) - Shares declinedon the HCM Stock Exchange on the last four days this week, but strong demandfrom local traders cushioned the market.
The benchmark VN-Index inched down 0.06 percentto 805.82 points on September 15. It expanded 1.1 percent in the last threesessions.
The market breadth was neutral with 130stocks rising, 129 falling and 84 closing flat.
Two exchange-traded funds (ETF) – FTSE ETFand V.N.M ETF – concluded trading for their third-quarter portfoliorestructuring and this had a negative effect on the market as many large-capstocks were in the list for sale of these two funds.
Shares of Vietnam National Petroleum Group(PLX), Saigon Beer-Alcohol-Beverage (SAB) and budget airline Vietjet (VJC) wereincluded in the FTSE Vietnam All-Share Index, but VJC closed unchanged whilePLX and SAB decreased 0.15 percent and 0.18 percent, respectively.
Meanwhile, Hoa Binh Construction Group(HBC) was included in the V.N.M ETF’s portfolio, but edged up just 0.33 percent.FLC was removed from the fund’s basket this time and dropped 0.4 percent.
Other major stocks, although beingincreased or reduced weights in ETF’s portfolios, saw little changes. In recentyears, ETF portfolio restructuring has not generated as great influence on themarket as before.
Vinamilk (VNM), VinGroup (VIC) and MasanGroup (MSN) dropped 0.2-0.5 percent while steelmaker Hoa Phat Group (HPG) andFLC Faros Construction (ROS) rose by less than 1 percent.
According to Vietnam Investment SecuritiesCo, investors begin to pay attention to the stocks with promising businessresults in the third quarters.
“The company keeps a cautious view on themarket outlook, but opportunities are open to individual stocks,” it said in anote.
Shares of real estate and securitiescompanies attracted big money September 15 and most of them saw gains in value,including Saigon Securities Inc (SSI), HCM Securities (HCM), MB Securities(MBS), Novaland Investment Group (NVL), HCM City Infrastructure Investment, DatXanh Real Estate Service & Construction (DXG) and Dream House Investment(DRH).
On the Hanoi Stock Exchange, the HNX-Indexmaintained the uptrend, up 0.1 percent to end at 104.49 points. It inched down0.05 percent on the previous day.
Liquidity changed little with a total of218.3 million shares worth 4.8 trillion VND (211.4 million USD) in the twomarkets, down 6.3 percent in volume but up 6.7 percent in value compared to theprevious session.
Foreign investors were net sellers on thetwo exchanges September 15, offloading shares worth a combined 293.6 billionVND.-VNA
The benchmark VN-Index inched down 0.06 percentto 805.82 points on September 15. It expanded 1.1 percent in the last threesessions.
The market breadth was neutral with 130stocks rising, 129 falling and 84 closing flat.
Two exchange-traded funds (ETF) – FTSE ETFand V.N.M ETF – concluded trading for their third-quarter portfoliorestructuring and this had a negative effect on the market as many large-capstocks were in the list for sale of these two funds.
Shares of Vietnam National Petroleum Group(PLX), Saigon Beer-Alcohol-Beverage (SAB) and budget airline Vietjet (VJC) wereincluded in the FTSE Vietnam All-Share Index, but VJC closed unchanged whilePLX and SAB decreased 0.15 percent and 0.18 percent, respectively.
Meanwhile, Hoa Binh Construction Group(HBC) was included in the V.N.M ETF’s portfolio, but edged up just 0.33 percent.FLC was removed from the fund’s basket this time and dropped 0.4 percent.
Other major stocks, although beingincreased or reduced weights in ETF’s portfolios, saw little changes. In recentyears, ETF portfolio restructuring has not generated as great influence on themarket as before.
Vinamilk (VNM), VinGroup (VIC) and MasanGroup (MSN) dropped 0.2-0.5 percent while steelmaker Hoa Phat Group (HPG) andFLC Faros Construction (ROS) rose by less than 1 percent.
According to Vietnam Investment SecuritiesCo, investors begin to pay attention to the stocks with promising businessresults in the third quarters.
“The company keeps a cautious view on themarket outlook, but opportunities are open to individual stocks,” it said in anote.
Shares of real estate and securitiescompanies attracted big money September 15 and most of them saw gains in value,including Saigon Securities Inc (SSI), HCM Securities (HCM), MB Securities(MBS), Novaland Investment Group (NVL), HCM City Infrastructure Investment, DatXanh Real Estate Service & Construction (DXG) and Dream House Investment(DRH).
On the Hanoi Stock Exchange, the HNX-Indexmaintained the uptrend, up 0.1 percent to end at 104.49 points. It inched down0.05 percent on the previous day.
Liquidity changed little with a total of218.3 million shares worth 4.8 trillion VND (211.4 million USD) in the twomarkets, down 6.3 percent in volume but up 6.7 percent in value compared to theprevious session.
Foreign investors were net sellers on thetwo exchanges September 15, offloading shares worth a combined 293.6 billionVND.-VNA
VNA
