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Banking & Finance

March 12: VN-Index down, HNX-Index up

Released at: 17:36, 12/03/2018 Stock Market Watch

March 12: VN-Index down, HNX-Index up

From vneconomy.vn

Mixed results on March 12.

by Ngoc Han

The VN-Index lost ground on March 12 while the HNX-Index closed higher.

Profit-taking at the end of the session put substantial pressure on the VN-Index, which fell slightly to 1,123.41 points. The HNX-Index gained 1.48 points (1.16 per cent) to 129.06 points, while UPCoM-Index lost 0.06 points (0.1 per cent) to 61.31 points.

Liquidity was 322 million shares worth VND8.8 trillion ($386.6 million). 

Foreign trading was the highlight of the day, with foreign investors net buying by VND700 billion ($30.7 million). Trade was focused on shares such as PDR, VIC, VRE, HPG, and MSN.

Bank shares such as ACB, CTG, BID, VCB, MBB, and EIB gained handsomely, with EIB hitting its ceiling. VPB lost VND1,000 ($0.04) after much trade.

Blue-chips such as GAS, HPG, MSN, REE, and VJC performed strongly and stemmed the fall of the VN-Index.

HAG and HNG finished higher, with HAG net bought by over 1.2 million shares.

In real estate and construction, ROS gained 0.6 per cent, VIC 0.3 per cent and NVL 0.2 per cent, while DXG fell 2.4 per cent and CTD 1.6 per cent.

In agriculture, HNG increased 2.9 per cent and ANV 2.7 per cent, while DCM lost 2.3 per cent, DPM 1.9 per cent, and PHR 1.9 per cent.

The Top 5 rising shares on HSX and HNX were KST, KHS, NDN, BED and V12.

The Top 5 falling shares were VE9, SPP, SDU, POT and VIG.

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