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Banking & Finance

June 13: All indexes up

Released at: 16:31, 13/06/2018 Stock Market Watch

June 13: All indexes up

photo: vneconomy.vn

Low liquidity, however, seen on both bourses.

by My Van

Vietnam’s stock exchange saw all main indexes gain ground on June 13, with the rise of VIC spreading to many sectors and helping the VN-Index in afternoon trade.

The Index increased 9.77 points (0.96 per cent) to close at 1,030.53 points, while the HNX-Index rose 0.18 points (0.15 per cent) to 116.66 points and the UPCoM-Index 0.12 points (0.23 per cent) to 53.12 points.

Market liquidity, however, was quite low, with trade on HSX reaching just 94.4 million units; 44 per cent lower than yesterday and 33 per cent lower than the average over the last 20 sessions.

Trading volumes on HNX were the lowest since February 2 last year. Matching value was just VND3.1 trillion ($135.8 million); the lowest in the last three weeks.

A rising market on low liquidity reflects the fact that many investors remain cautious.

The most popular stocks on HSX were DXG (4.2 million shares), MBB (4.1 million), HPG (3.7 million), HQC (3.1 million), SSI (3.1 million), and FLC (2.9 million).

Of the Top 10 largest codes on the southern bourse, only SAB closed down, by 1.63 per cent, with VHM and VNM staying at their reference price. GAS was the strongest gainer, by 4.77 per cent, followed by VCB with 3.28 per cent and VIC 2.89 per cent.

The Top 10 largest caps on HNX saw a mixed day, with VCS up 0.3 per cent, SHB 1.1 per cent, PVS 1.18 per cent, and VGC 2.98 per cent. The largest cap, ACB, lost 0.24 per cent and was joined by NTP, which lost 1.19 per cent, PHP 1.57 per cent, and DL1 1.07 per cent.

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