HCMC bourse trading value hits 4-month high

The trading value on the Ho Chi Minh Stock Exchange (HoSE) on Tuesday hit VND16.4 trillion ($698.3 million), an increase of nearly VND3 trillion from the previous session and the highest level since February 1.

Domestic investors mainly poured their cash into small and medium cap stocks in areas like finance, industry, real estate and materials. VND of VNDirect Securities led in matching value on the major bourse with VND700 billion ($29.8 million), followed by DIG of DIG Corp with nearly VND600 billion.

Foreign investors recorded a net selling value of VND500 billion ($21.3 million). However, excluding the sudden put-through transaction worth more than VND700 billion of Eximbank’s EIB shares, they were still net buyers to the tune of VND200 billion ($8.5 million).

The improved liquidity pushed the VN-Index, which represents the HoSE, up 3.07 points, or 0.29%, to 1,078.05, the highest level in nearly two months. The major bourse saw up to 225 gainers and 156 losers, with nearly 923 million shares changing hands.

The VN30 index, which tracks the performance of 30 largest-cap stocks, went up 0.19% to 1,071.82 points.

Among the blue chips, VCB of Vietcombank was the largest contributor to the VN-Index, gaining 1.5%. It was followed by MSN of Masan Group, MWG of Mobile World Investment Corp., FPT of FPT Corp. and DGC of Duc Giang Chemicals.

In the opposite direction, VHM of Vinhomes, GAS of PV Gas, VNM of Vinamilk, and VIC of Vingroup were the biggest losers in the VN30 basket.

Small and medium-cap stocks continued to show good performance as their VNMID-Index and VNSML-Index gained 0.62% and 0.78%, respectively.

The HNX-Index on the Hanoi bourse rose 1.02 points to 221.33, while the UpCOM-Index on the unlisted public company market expanded 0.54 points to 81.67.