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Home / Economy / Banking & Finance
Gas shares keep markets positive
11:57, 2015/06/11
The national stock market stabilised on June 10 and is expected to grow as market liquidity stayed high and cash flow into the market remained strong.
Gas shares were the main players holding the market in a positive direction, while bank shares disappointed investors. 
Foreign investors on June 10 turned from net buyers into net sellers on the southern market, with a net selling value of 105 billion VND (4.8 million USD) and a small buying value of 7.7 billion VND (357,000 USD), marking a 45 percent decrease in the latter. 
 
The national stock market stabilised on June 10.
The national stock market stabilised on June 10.
On the Ho Chi Minh Stock Exhange, the VN-Index fell by only 0.06 percent to finish at 574.1 points, a smaller decrease compared to the previous day. 
Ninety eight of all stocks on the market made gains, while 107 of them suffered losses. 
Market liquidity decreased, with more than 133.5 million shares traded, worth a total of 2.14 trillion VND (99 million USD). 
On the Hanoi Stock Exchange, the HNX Index gained 0.52 percent to end at 87.5 points, with 104 advancing stocks and 80 declining ones. 
However, market liquidity fell sharply from the previous day's numbers. More than 54 million shares were traded, worth 688 billion VND (31.8 million USD).
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