Stocks failed to sustain rises on the Ho Chi Minh Stock Exchange on June 30, although it surpassed 582 points in the morning.
The VN-Index closed off 0.12 points at 57813 points, ending the five-day rising streak recorded last week.
Blue
chips were the main drag with 15 of the top 30 shares by market value
and liquidity losing value, pushing the VN30 down 0.29 percent to 615.06
points.
The main losers were Masan Group (MSN), down 1 percent,
Bao Viet Holdings (BVH), down 0.72 percent, and Vietcombank (VCB), down
0.38 percent.
Market volume dropped slightly from June 27, totaling 76.5 million shares worth nearly 1.32 trillion VND (62.6 million USD).
Money flow focused on real estate shares, which represented two of the most active stocks.
FLC
Group (FLC) saw the most trades with 6.4 million shares exchanged,
rising 1.8 percent to close at 11,300 VND a share. Hoang Quan Consulting
Trading Service Real Estate Corp (HQC) came second on trades of 5.4
million shares at 8,100 VND a share, up 3.85 percent over the previous
session.
On the Hanoi Stock Exchange, the HNX-Index climbed 0.45
percent to end the session at 77.93 points, with gainers outnumbering
losers 103-72. Large-cap shares here also gained as the HNX30 went up
0.8 percent to 157.49 points.
Both trading volume and value
improved 25 percent over June 27, totaling 44.7 million shares worth
over 524.4 VND (24.9 million USD).
Sai Gon-Ha Noi Bank (SHB) was
the most active share with nearly 6 million shares traded, jumping 4.3
percent to end at 9,700 VND a share.
According to analysts of FPT
Securities Co, second-quarter business results had a positive impact on
the market, while the long rally last week put some stocks on the brink
of being over-bought – a situation that may lead to high selling
pressure this week and even a reversion to the downtrend.
Foreign
investors were still net buyers on both stock exchanges, picking shares
worth a combined 77 billion VND (3.6 million USD).-VNA