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August 3: VN-Index increased

Released at: 17:12, 03/08/2018 Stock Market Watch

August 3: VN-Index increased

Chart from vneconomy.vn

At closing the VN-Index, the HNX-Index, and the UPCoM-Index had increased.

by Hai Van

The market opened in the afternoon with excitement as the VN-Index increased by more than 10 points. However, after 13:30, selling pressure increased, causing the index to narrowly increase.

Without the efforts of VIC, VRE, VHM, VJC as well as oil, GAS, PVD, PVS, the market wouldn't have held the green signs.

Some Stocks such as MBB, EIB, BID, VPB, HDB, CTG, and ACB also fell sharply. Securities, real estate, and construction stocks were under pressure to sell and not too many stocks held up. Hot stocks such as HAG, HNG, FLC also didn't trade very well and only HAG increased slightly.

At closing, the VN-Index gained 6.05 points (0.63 per cent) to reach 959.6 points; the HNX-Index gained 0.59 points (0.56 per cent) to reach 106.24 points and the UPCoM-Index increased by 0.46 points (0.92 per cent) to 50.64 points. The total matching order value reached VND4.8 trillion ($206.09 million).

Foreign investors were net sellers with a net selling value of VND450 billion ($19.3 million). The net sale volume of foreign investors influenced the behavior of investors.

On the HSX, foreign investors were net sellers with a total of 10.05 million shares worth VND403.82 billion ($17.3 million)

VIS was the stock with the biggest net buying of VND29 billion ($1.2 million). Other top net buying stocks were GAS, BID, HDB, and ANV.

On the HNX, foreign investors were net sellers for the third consecutive session with 771 thousand shares worth VND20.68 billion ($887,601).

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