VN-Index ends three-day losing trend

Vietnam’s benchmark VN-Index capped three-day losing streak on February 15 as blue-chip stocks Bao Viet Holdings (BVH) and PetroVietnam Finance Joint Stock Corporation (PVF) advanced amid investors’ sentiment remained low.

The gauge of 280 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange recovered 0.74 percent, or 3.82 points, to finish at 517.87 points.

Among the index members, 67 increased, 144 dropped, while 74 remained unchanged.

Around 34.3 million shares changed hands at a value of VND825.9 billion this morning.

Thuan Thao Corporation (GTT) was the most active share in volume with 2.46 million shares changing hands.

Saigon Securities Inc. (SSI), the country largest brokerage, followed with 1.88 million shares.

Saigon Thuong Tin Commercial Bank or Sacombank (STB) tagged along with 1.55 million shares traded.

PetroVietnam Finance Joint Stock Corporation (PVF) curbed its three-day losing streak, rebounding 5 percent to VND27,300.

Bao Viet Holdings (BVH) restored 4.97 percent to VND95,000.

Information and Networking Technology Joint Stock Company (CMT) edged up 4.93 percent to VND23,400.

Refrigeration Electrical Engineering Corporation (REE) nosedived for second day, eroding 10.17 percent to VND15,900.

Saigon Beer Transportation Joint Stock Company (SBC) tripped 6.86 percent to VND32,600.

Hoa An Joint Stock Company (DHA) reduced 4.98 percent to VND19,100.

Meanwhile, the smaller bourse in the north declined for four consecutive trading sessions as the Hanoi’s HNX-Index collapsed 0.68 percent, or 0.73 points, to close at 106.65 points. Trading volume was at 26.1 million shares worth nearly VND452.5 billion.

The UPCoM-Index contracted 0.37 points to 41.46 points. A total of 400,000 shares changed hands at VND3.59 billion as of 11:15 am local time.

By Thuy Doan

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