VN-Index regains

Vietnam’s benchmark VN-Index struggled to advance on November 9 as heat on bullion and currency markets cooled down due to the State Bank of Vietnam’s intervention. However, liquidity on the city bourse fell to low level again.

The measure of 267 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange rose 0.41 percent, or 1.86 points, to finish at 451.26 points.

Trading volume sharply dropped over the previous day as around 25.5 million shares changed hands at VND621 billion, a slump of 31.38 percent in volume and 29.44 percent in value.

Of the index, 89 stocks move forwards, 109 declined, while 74 were unchanged.

Saigon Securities Inc. (SSI) was the most active share in volume with 1.25 million shares changing hands.

Vinh Son - Song Hinh Hydropower Joint Stock Company (VSH) followed with 1.07 million shares.

Ocean Group Joint Stock Company (OGC), which saw 1.38 million shares being traded, came in third.

Insurance company Bao Viet Holdings (BVH) rebounded the first time in three days, surging 4.92 percent VND64,000.

Godaco Seafood Joint Stock Company (AGD) closed up 4.58 percent to VND29,700.

H.A.I Joint Stock Company (HAI) emerged 4.52 percent to trade at VND32,400.

Tan Binh Import – Export Joint Stock Company (TIX) declined the second day, losing 4.98 percent to VND42,000.

Tai Nguyen Corporation (TNT) eroded 4.91 percent to VND21,300.

Hamico Group Mineral Joint Stock Company (KSH) sank 4.9 percent to VND38,800.

The Hanoi’s HNX-Index inched up 0.35 points, or 0.33 percent, to 107.18 points. Around 22.62 million shares traded at VND364 billion, fell by 13.38 percent in volume and 26.27 percent in value.

The UPCoM-Index gained 0.34 points to 41.14 points this morning. A total of 110,000 shares changed hands at VND2 billion.

By Thuy Doan

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