HCMC – The VN-Index of the Hochiminh Stock Exchange (HoSE) closed 0.11% lower today, October 20, but liquidity on this southern stock market soared to the highest level in the past month, buoyed by solid cash flow.
The benchmark index lost 1.53 points to close at 1,393.8, with losing stocks outnumbering winning ones by 242 to 180.
There were 845.9 million shares worth some VND23.78 trillion changing hands on the HCMC market, surging 32.3% in volume and 16.9% in value compared with the previous session. Some 41.7 million shares worth nearly VND1.58 trillion were traded in block deals.
Many speculative stocks attracted buyers and shot up to their daily ceiling prices.
Real estate firm HQC, furniture company TTF and property developer DLG were the most actively traded stocks, with 39.5 million, 22.7 million and 15.8 million shares transacted, respectively. HQC edged up to its daily ceiling price, while TTF soared 6.7% to VND9,050 and DLG added 6.7% to VND7,760.
QBS, JVC and ITC also surged to their daily ceiling prices, while ITA, IJC, LDG, AMD, HAI and GAB grew strongly.
Large-cap stocks were mixed.
Among bank stocks, OCB was the biggest gainer, trading at VND26,600, up 4.31%. Besides, MSB, SHB, TCB, VIB, TPB and STB rose around 1%.
In contrast, EIB, VCB and HDB dropped over 1%. BID, CTG, LPB and VPB also dipped into the red.
Among steel stocks, TNI inched up to its ceiling price at VND4,800 and NKG climbed 4.7%. Meanwhile, HPG, HSG and TLH lost ground.
On the Hanoi Stock Exchange, the HNX-Index rose 1.29 points, or 0.33%, to close at 388.29, with 128 advancers and 87 losers. There were 137 million shares worth some VND2.6 trillion changing hands, up slightly in both volume and value from the previous session.
The biggest contributor was real estate stock KSF, which rose to its ceiling price at VND79,000, contributing over 2 points to the HNX-Index. KSF also extended its winning streak for the seventh session.
Some other major gainers were mining group ACM, which traded at VND4,000, its daily ceiling price, and trading and service firm KLF, which rose 2.1% to VND4,800. ACM led the northern bourse by liquidity, with 7.81 million shares traded.