Investors at a trading centre of MB Securities Company. (Source: VNA)Hanoi (VNA) - The VN-Indexon the HCM Stock Exchange closed almost flat on March 7 on investor cautionover a possible lending rate increase by the US central bank andexchange-traded funds’ portfolio review.
The benchmark index was up 0.03 percentto end at 716.54 points, near the February 22 nine-year peak of 717.24. It hasgained 1.3 percent in the last three trading days.
Market trading liquidity rosecompared to March 6 with more than 195.6 million shares being exchanged, worth 3.82trillion VND (169.8 million USD).
Foreign investors turned to netsellers, recording a net sell value of 106.2 billion VND compared to a net buyvalue of 19 billion VND on March 6.
Among the top 10 largest listedcompanies, dairy producer Vinamilk (VNM), HCM City-based brewer Sabeco (SAB),Vietinbank (CTG) and Bank for Investment and Development of Vietnam (BID) weredecliners.
VNM fell 0.7 percent, SAB lost 0.8 percent,CTG edged down 0.5 percent and BID decreased by 0.6 percent. Smaller groupssuch as rubber and plastic producers also dropped from their closing levels onMarch 6. Binh Minh Plastic JSC (BMP) was down 0.5 percent, Da Nang Rubber JSC(DRC) declined by 0.7 percent and Phuoc Hoa Rubber JSC (PHR) shed 1.8 percent.
Some of the energy, property andconstruction stocks maintained their positive trends to lift the market. FarosConstruction Corp (ROS) and Hoa Binh Construction and Real Estate Corp (HBC)rose 2.9 percent and 1.4 percent, respectively.
The energy sector was boosted byPetroVietnam Drilling and Well Services Corp (PVD), which gained 2.1 percentfollowing the rise of crude prices.
On the Hanoi Stock Exchange, the HNXIndex inched up 0.2 percent to finish at 86.7 points, reversing Monday’s 0.1 percentdecline.
Nearly 54.5 million shares weretraded on the northern bourse, worth nearly 496 billion VND. - VNA
The benchmark index was up 0.03 percentto end at 716.54 points, near the February 22 nine-year peak of 717.24. It hasgained 1.3 percent in the last three trading days.
Market trading liquidity rosecompared to March 6 with more than 195.6 million shares being exchanged, worth 3.82trillion VND (169.8 million USD).
Foreign investors turned to netsellers, recording a net sell value of 106.2 billion VND compared to a net buyvalue of 19 billion VND on March 6.
Among the top 10 largest listedcompanies, dairy producer Vinamilk (VNM), HCM City-based brewer Sabeco (SAB),Vietinbank (CTG) and Bank for Investment and Development of Vietnam (BID) weredecliners.
VNM fell 0.7 percent, SAB lost 0.8 percent,CTG edged down 0.5 percent and BID decreased by 0.6 percent. Smaller groupssuch as rubber and plastic producers also dropped from their closing levels onMarch 6. Binh Minh Plastic JSC (BMP) was down 0.5 percent, Da Nang Rubber JSC(DRC) declined by 0.7 percent and Phuoc Hoa Rubber JSC (PHR) shed 1.8 percent.
Some of the energy, property andconstruction stocks maintained their positive trends to lift the market. FarosConstruction Corp (ROS) and Hoa Binh Construction and Real Estate Corp (HBC)rose 2.9 percent and 1.4 percent, respectively.
The energy sector was boosted byPetroVietnam Drilling and Well Services Corp (PVD), which gained 2.1 percentfollowing the rise of crude prices.
On the Hanoi Stock Exchange, the HNXIndex inched up 0.2 percent to finish at 86.7 points, reversing Monday’s 0.1 percentdecline.
Nearly 54.5 million shares weretraded on the northern bourse, worth nearly 496 billion VND. - VNA
VNA
