HCMC bourse trading value hits three-week low

Trading value on the Ho Chi Minh Stock Exchange (HoSE) hit only VND7.79 trillion ($331.56 million) on Thursday, down over VND800 billion ($34 million) from the previous session and the lowest level in three weeks.

The cash flow mainly ran into the finance-banking group with more than VND3.2 trillion ($136.2 million). The top five stocks with the largest trading value were all from this group, namely VPB of VPBank, SHB of Saigon-Hanoi Bank, SSI of Saigon Securities, VCI of Viet Capital Securities, and VND of VNDirect Securities.

The VN-Index, which represents the HoSE, gained 4.56 points, or 0.44%, to 1,045.1, with 180 tickers rising and 195 losing, including seven hitting their floor prices.

The VN30 index, which tracks the performance of the 30 largest-cap stocks, rose 3.46 points to 1,046.6. VCB of Vietcombank had the most positive impact on the benchmark index as its price went up 1.9% to nearly VND91,000 ($3.87).

Meanwhile, MSN of Masan Group dropped 2%, becoming the main factor dragging down the index.

Foreign investors were net buyers on the HoSE for the third consecutive session to the tune of over VND300 billion ($12.77 million). They mainly net purchased HPG of steel maker Hoa Phat, VHM of real estate developer Vinhomes, and VNM of Vinamilk.

The HNX-Index on the Hanoi bourse went down 0.64 points to 203.32, while the UpCOM-Index on the unlisted public company market increased 0.27 points to 76.17.