VN-Index inches up to wrap week in green

Movement of Vietnam's benchmark VN-Index from June 14 to June 18. (Photo:
Movement of Vietnam's benchmark VN-Index from June 14 to June 18. (Photo:
The Vietnam’s benchmark VN-Index slightly rose on June 18 as the US stock markets and some emerging markets rallied yesterday.

The index of 236 companies on the Ho Chi Minh Stock Exchange wrapped week at 511.18 points, gaining 0.42 points, or 0.08 percent.

There were 84 stocks advanced, 105 declined, and 51 remained unchanged. Around 63.45 million shares changed hands, valuing VND1.61 trillion.

PetroVietnam Transportation Corporation (PVT) drew most attention of investors as it topped the list of most active share in volume with more than 2.33 million shares changing hands.

Ocean Group Joint Stock Company (OCG) was next with nearly 2.12 million shares being traded.

PetroVietnam Fertilizer and Chemicals Corporation (DPM) came in third with 1.92 million shares.

South Logistics Joint Stock Company (STG) extended its winning streak for seven consecutive trading sessions, closing up 4.99 percent to VND44,200.

Vietnam Electricity Construction Joint Stock Corporation (VNE) rose 4.98 percent to VND25,300.

Dong Hai Joint Stock Company of Ben Tre (DHC) added up 4.96 percent to VND25,400.

Bao Viet Holdings (BVH) lost the daily maximum allowed limit of 5 percent to VND41,800.

620 Chau Thoi Concrete Corporation (BT6) gave up 4.94 percent to VND77,000.

H.A.I Joint Stock Company (HAI) declined 4.52 percent to trade at VND31,700.

The smaller bourse in the north also performed well as the Hanoi’s HNX-Index climbed 1.1 points, or 0.68 percent, to 163.35 points. Trading volume reached 44 million shares, worth VND1.37 trillion. Foreign investors shifted to net selling from net buying with a total value of VND7.31 billion.

The UPCoM-Index slid 0.03 points to 45.94. Around VND4.34 billion were spent to trade 213,341 shares.

Globally, Dow Jones Industrial Average index advanced 0.24 percent. Nasdaq Composite Index inched up 0.05 percent. S&P 500 index gained 0.13 percent.

Hong Kong’s Hang Sheng index rose 0.75 percent. Meanwhile, Japan’s Nikkei 225 index slid 0.04 percent. China’s Shanghai Composite index dropped 0.92 percent.

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