Shares end week higher on large-caps

Saturday, Aug 28, 2021 07:03

A plastic production line at the factory of An Phat Bioplastics JSC (AAA). AAA rose 4 per cent on Friday. —Photo courtesy of AAA

The market finished higher in the last trading session of the week as large-cap stocks gained points, while foreign investors net sold large values on both exchanges.

On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index climbed 0.93 per cent to 1,313.20 points.

It had slipped 0.64 per cent to close Thursday at 1,301.13 points.

The market breadth was positive as 260 stocks rose while 115 stocks fell.

During the session, local investors poured over VND21.4 trillion into the southern bourse, equivalent to a trading volume of more than 685 million shares.

The gains in pillar stocks were the main driving force for the market. The VN30-Index rose 0.43 per cent to close Friday’s trade at 1,418.57 points.

Twenty-one of the 30 biggest stocks in the VN30 basket inched higher on Friday while eight stocks declined.

In the VN-30 basket, Viet Nam Rubber Group - Joint Stock Company (GVR) soared by more than 5 per cent and was the leader in this group. PVPower (POW) followed with a rise of 4 per cent, Khang Dien House (KDH) gained more than 2 per cent, Phat Dat Real Estate (PDR), Vingroup (VIC), Viet Nam National Petroleum Group (PLX), Bao Viet Holdings (BVH), Mobile World Group (MWG), Masan Group (MSN), Vincom Retail (VRE) and Vietcombank (VCB) were the gainers with 1 per cent rises.

On the other side, HDBank (HDB) was the biggest loser with more than 1 per cent decrease.

On a sector basis, most of the industries maintained their growth momentum in the last session of the week. Plastic - chemical production, healthcare, rubber products and agriculture - forestry - fishery all increased by more than 3 per cent.

In the plastic and chemical sectors, Vietnam Pesticide Joint Stock Company (VPS) showed a dramatic increase of 7 per cent, Hanoi Plastics Joint Stock Company (NHH) surpassed 5 per cent, Pha Le Plastics Manufacturing and Technology Joint Stock Company (PLP), The Southern Fertiliser JSC (SFG), An Phat Bioplastics JSC (AAA) and South Basic Chemicals JSC (CSV) all increased by more than 4 per cent.

Foreign investors net sold nearly VND370 billion on HOSE and sold over VND15 billion on HNX.

On the Ha Noi Stock Exchange (HNX), the HNX-Index edged 0.58 per cent higher to 338.79 points.

During the session, nearly 133.8 million shares were traded on the northern bourse, worth nearly VND3 trillion. — VNS

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