Thuy Trieu
The index opened the trading session down 1.43 points, but changed course to gain 0.45 point in the continuous matching phase. However, the uptrend couldn’t be maintained to the end of the session as the index finally lost ground.
Most of the stocks in the VN30 basket tumbled or went flat. Only six of them made gains, including infrastructure developer CII, fertilizer maker DPM, Hoa Phat Group (HPG), Ocean Group (OGC), PVDrilling (PVD), and Vinh Son – Song Hinh Hydropower (VSH).
Investors traded a total of 32.6 million shares worth VND455 billion on the bourse, inching down slightly in volume but dropping by a sharp 31% in value. If the put-through trade is excluded, the value via matching was only VND330 billion.
Only five stocks had a trade volume bigger than one million shares each, comprising FLC Group (FLC), PetroVietnam Transportation (PVT), Tan Tao Investment and Industry (ITA), Ocean Group (OGC), and An Duong Thao Dien Real Estate Trading Investment (HAR). However, these are penny stocks as their prices were lower than the face value.
Hanoi’s index lost 0.16 point to 60.02, with 14.4 million shares changing hands at a total value of VND95 billion.
Foreign investors remained net buyers on the southern bourse with a net buying volume of 1.66 million shares and value of VND42.5 billion, compared to the net buying value of VND1.7 billion in the session earlier. Their net buying on the Hanoi bourse was nearly VND500 million.
Maybank Kim Eng in its report said that foreign investors were slight net buyers since early this week and this was a noticeable sign after three consecutive net selling weeks. It also said there had been an improvement in investors’ sentiment in the recent week which was in line with foreigners’ net buying.
“We can say that market sentiment seems to depend on foreign investors’ movements,” the broker said.
Đăng ký: VietNam News