33.9 C
Ho Chi Minh City
Tuesday, June 18, 2024

VN-Index rises on gains of securities, real estate stocks

The Saigon Times

Must read

HCMC – The VN-Index of the Hochiminh Stock Exchange inched up 0.22% today, November 15, helped by gains in securities and real estate stocks.

The benchmark index added 3.2 points to close at 1,476.57. There were more than 1,174 million shares worth some VND34 trillion changing hands on bourse, soaring 22.85% in volume and 28.35% in value compared with the previous session. More than 27.87 million shares worth some VND1.3 trillion were traded in block deals.

Securities stocks stole the limelight, with many of them such as AGR, APG, TVB and TVS shooting up to the ceiling prices. Besides, HCM surged 3.1% to VND45,600 and SSI rose 2.7% to VND45,800.

Real estate and construction stocks were also the major contributors, seeing HQC, LDG, DRH, KHG, QCG, FLC and ROS shoot up to the ceiling prices.

FLC and ROS were the most actively traded stocks in the group, with 42.26 million and over 38 million shares changing hands, respectively.

In contrast, bank stocks performed poorly. Most heavyweights such as VCB, TCB, BID and CTG dipped into the red. MBB, ACB and VIB were among a few gainers, but they rose by only less than 1%.

Steel stocks were also the main drags, with HPG, HSG and TLH losing approximately 2%, while NKG and SMC fell over 3%.

Electricity company POW took the lead in terms of liquidity with some 44.9 million shares changing hands.

On the Hanoi Stock Exchange, the HNX-Index rose 0.6%, or 2.65 points, to end at 444.28 points. Gaining stocks outnumbered decliners by 172 to 92. There were nearly 205 million shares worth some VND5 trillion transacted.

In the HNX30 basket, real estate and construction stocks VMC, VC3 and CEO were the biggest gainers as they shot up to the ceiling prices, with the last-named stock hitting the upper limit for the sixth straight session.

Other major contributors were asset management corporation TVC and construction company HUT, which surged 8.7% and 7.7%, respectively.

Meanwhile, industrial development firm IDC, real estate developer DTD, tour service provider THD and mining company NBC suffered the steepest decline in the basket, down 7.9%, 5%, 3.2% and 2.4%, respectively.

Similar to the southern bourse, securities stocks stole the limelight on the Hanoi Stock Exchange, with ART, APS and VIG shooting up to the ceiling prices. Besides, SHS, MBS and BVS surged 7.6%, 4% and 3.8%, respectively.

Petroleum stock PVS led the northern market in terms of liquidity with over 18.31 million shares changing hands, followed by trading and service firm KLF with 17.26 million shares and securities corporation ART with more than 11 million shares.

More articles


Please enter your comment!
Please enter your name here

Latest articles