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Realty stocks send VN-Index to 810 points

Phuong Thao
Wednesday,  Oct 11,2017,21:26 (GMT+7)
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Realty stocks send VN-Index to 810 points

Phuong Thao

HCMC – Some stocks in the property and construction sector sent the VN-Index up for the third straight session on October 10, adding 0.21% versus Monday at 810.65 points.

Turnover on the HCMC market, however, took nosedive, with volume and value shedding 13.9% and 5.2% at 144.2 million shares worth nearly VND3.2 trillion. The put-through market was quiet with only over six million shares valued at VND230 billion traded.

HBC was among biggest gainers in the sector for climbing 2.9% at VND63,000 a share on matching volume of 1.5 million shares. Meanwhile, FLC, the most actively traded stock, increased 0.7% at VND7,550 per share with 9.6 million shares traded.

Construction firm ROS added 0.6% at VND112,100 a share, extending its winning streak to the ninth straight session. The stock reported matching volume of nearly 1.5 million shares.

Among steel stocks, HPG and HSG advanced 3% and 0.6% at VND29,500 and VND39,700 a share on matching volume of four million shares and 1.8 million shares respectively. Bank stocks also recovered after a sharp decline on Monday.

Notably, agricultural chemical producer HAI went up to the ceiling price for the fifth consecutive session, closing at VND9,890 per share and taking the second position in terms of liquidity with 7.2 million shares traded. OGC, a financial investment group, also hit the upper limit of VND2,240 a share on volume of over five million shares.

Among decliners, CCL, an urban development firm, plunged to the floor price for the second straight session at VND3,590 a share on volume of over one million shares. IDI, which operates in the food and beverage sector, dropped to the floor price of around VND6,000 per share with two million shares exchanged.

The HNX-Index retreated after two sessions of gains, dipping 0.16% at 108.57. Turnover on the Hanoi market tumbled with 38.9 million shares worth VND496 billion traded, down 24.4% and 52% against the previous session respectively.

Most leading gainers reported modest trading volume. Among bank stocks, ACB closed unchanged with 1.6 million shares changing hands while SHB lost 0.1% at VND8,100 a share on volume of 4.1 million shares.

KLF again took the lead for liquidity with 4.5 million shares exchanged. However, the food service enterprise moved sideways at VND3,900 a share.

Foreigners still stayed on the selling side and reduced transaction sharply. The investors net sold over VND65 billion on the southern bourse and VND18.3 billion on the northern market.

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