Shares reversed losses in Ho Chi Minh City on July 26 but continued to lose ground for a third straight day in Hanoi.
On the HCM City Stock Exchange, the VN-Index gained 0.44 percent to
493.93 points. Trading value increased slightly compared to the previous
trading day to over 1 trillion VND (47.1 million USD). Around 43.4
million shares were traded.
Among the 30 largest stocks on the
bourse, only Kinh Do Confectionery (KDC) managed to advance in the
morning session, but by the end of July 26, a third of the stocks closed
in the green, seven lost value and 13 closed unchanged.
The VN30 rose more than 0.1 percent to close at 544.88 points.
On the Hanoi Stock Exchange, the HNX-Index fell another 0.3 percent to
61.33 points. The HNX30, tracking the capital city’s 30 leading stocks,
also dropped 0.14 percent, reaching 114.91 points.
value and volume on the bourse were 163.5 billion VND (7.7 million USD)
and 22.56 million shares, respectively. The figures rose nearly 20
percent over July 25’s level.
Foreign transactions rebounded
with a selling trend. Foreign investors were net sellers for three
successive sessions with large-cap stocks falling out of favour,
including Saigon Securities Inc (SSI), PetroVietnam Finance (PVF),
private equity group Masan (MSN), Sai Gon – Hanoi Bank (SHB) and Ocean
Group (OGC). The total net value reached 52 billion VND (2.4 million