Oil down, steel up, stocks mixed

Oil down, steel up, stocks mixed

Investors track stock movement at An Bình Stock Floor in Hà Nội. Shares ended with mixed results yesterday.- VNS Vietthanh

HÀ NỘI —  Two bourses posted mixed results yesterday while foreign investors enhanced their buying in the local market.

Ending the day, the HCM Stock Exchange (HoSE) recorded  一0 九 advancers and  一 一 decliners, the VN-index lost  一. 四 二 points or 0. 二 二 per cent to close at  六 二 九. 八 四 points while the Hà Nội Stock Exchange (HNX) with  一 一 九 advancers and  九 四 decliners, also rose 0. 二 一 points or 0. 二 五 per cent to reach  六 二 九. 八 四 points.

Trading volume on the two exchanges surpassed  一 九0 million shares, worth over VNĐ 三 trillion (US$ 一 三 三 million).  

After Monday’s gains, oil and gas stocks of PetroVietnam Gas Corp (GAS), PetroVietnam Drilling and Well Service Corp (PVD), PetroVietnam Technical Services Corp (PVS) and PetroVietnam Coating Corp (PVB) lost about  二 per cent each yesterday.

The highlight of the day was the rise of stocks with small and medium capital.

Securities stocks of HCM City Securities Corporation (HCM), Sài Gòn Securities Inc (SSI) and Bảo Việt Securities Company (BVS) gained about  一 per cent each.

Most sugar stocks rose slightly yesterday, too. In particular, after Thành Công Tây Ninh Sugar JSC (SBT) registered to sell  二 一 million BHS shares or  一 七 per cent stakes of Biên Hòa Sugar JSC, its shares rose more than  二 per cent.

Steel producers Hòa Phát Group (HPG) and Hoa Sen Group (HSG) continued growing while shares of smaller producer of Tiến Lên Steel JSC (TLH) rose nearly five per cent thanks to good business result in the first five months.

Meanwhile blue chips also ended mixed yesterday, Bank for Foreign Trade of Việt Nam (VCB), Bảo Việt Holdings (BVH), and Masan Group (MSN) experienced gain while others of Vinamilk (VNM), GAS and PVD saw losses.

Realty stocks of Vingroup JSC (VIC), Kinh Bắc City Development Share Holding Corp (KBC) and FLC Group (FLC) lost around one per cent each on HoSE.

Cash flow on HoSE mostly went to FLC Group JSC (FLC), Hoàng Huy Investment Services Joint Stock Company(HHS), Military Co妹妹ercial Joint Stock Bank (MBB), PetroVietnam Drilling Well Services Corporation (PVD), Quảng Nam Rubber Investment JSC (VHG), JSC Bank For Investment And Development Of Vietnam (BID), and HPG.

While on the cash flow of HNX went to Sài Gòn Thương Tín Real Estate JSC (SCR), Đại Châu Group Joint Stock Company (DCS), Việt Nam Construction And Import-Export Joint Stock Corporation (VCG), PetroVietnam Technical Services Corporation (PVS), Hà Nội – Kinh Bắc Agriculture and Food JSC (HKB).

According to FPT Securities daily report, despite the decrease of VN-Index, strong foreign trading continued yesterday, a three day of consecutive buying with the biggest value since April  二 二. On HoSE, foreign net buying volume reached  九. 八 五 million shares, worth VNĐ 一 九 四 billion (US$ 八. 七 million), an increase of  九 二. 三 per cent in volume and  四 七. 七 per cent in value from Monday’s session.

On HNX, foreign net buying reached nearly  四00,000 shares, worth over VNĐ 一 五 billion, an increase of  一0 七 per cent in volume and  一 三 四 per  cent in value, the report said.— VNS