HCMC bourse trading value up 13%
The trading value on the Ho Chi Minh Stock Exchange (HoSE) reached VND21.6 trillion ($909 million) on Thursday, up nearly 13% from the previous session.
The cash flow mainly ran into the financial, industrial, real estate and materials groups.
The VN-Index, which represents the HoSE, dropped 9.48 points, or 0.78%, to 1,210.95, with over 1.03 billion shares changing hands. The major bourse saw 154 gainers and 311 losers.
The VN-30 index, tracking the performance of the 30 largest cap stocks, declined 10.52 points to 1.210.8, with 22 tickers falling.
The VN-Index dropped 9.48 points to close at 1,210.95 on August 3, 2023. Photo by The Investor/Trong Hieu.
Blue chips like VHM of real estate developer Vinhomes, VNM of Vinamilk, VCB of Vietcombank and HPG of steel giant Hoa Phat were among the top 10 stocks with most negative impact on the market, down 2.9%, 1.49%, 0.98% and 2.36% respectively.
Notably, HPG had six consecutive sessions of losing or going flat. It saw the largest trading value in the market with more than VND1.56 trillion ($65.66 million), accounting for over 7% of the total HoSE figure and marking its record high since August 16, 2022.
In July, HPG was one of the stocks with great contributions to improving the VN-Index’s score, with an accumulated increase of 33%. Foreign investors also spent VND912 billion ($38.4 million) net buying HPG last month.
On Thursday, foreign investors turned net sellers on the HoSE to the tune of VND69.4 billion ($2.92 million) after net purchasing nearly VND163 billion ($6.87 million) in the previous session. They mainly net sold HPG and VND of broker VNDirect.
The HNX-Index at the Hanoi Stock Exchange was down 0.64% to 239.77 points, while the UPCoM-Index at the Unlisted Public Companies Market rose 0.15% to 91.02 points.
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