Vietnamese stocks closed mixed today as investors kept taking profit from blue chips on STC but bought back shares on HNX in late trading on hopes of new stimulus package.
The benchmark VN Index lost 3.66 points or 0.77 percent to 468.8. Volume eased 12.16 percent to 103.9 million shares worth of VND1.57 trillion, however, this was still a high level of liquidity. Put-through trading contributed 3.6 million shares worth VND83.87 billion.
Of note, FPT, STB, LCG were changed hands at the ceiling prices in the put-through deals.
The market breadth was still positive on the primary bourse where 132 stocks advanced, 121 fell, 56 closed unchanged of which 53 hit the ceiling, 25 limited down.
The VN30 Index declined 3.62 points, or 0.67 percent, to 536.1 with 24 million shares changed hands.
The market opened in the red with 5.4 million shares changed hands. The trading was slow at first as both sides raised cautious. Some buying energy in early order-matching session helped pared the market loss and sent the index to the positive ground briefly. However, selling pressure at high prices were strong, and the bears had a higher hands on the table most of the trading time. Market closed off the low but still in the negative ground.
VNE was the most active stock with nearly 6 million shares, resuming its ceiling performance today.
Sacom Development and Investment Corporation (SAM) ranked second in volume with 3.6 million shares traded, closing down 1 percent at VND9,200 each.
ITA, KSS, SSI were other active players with over 2 million shares traded each.
SSI and HCM were gainers among securities shares on this bourse, SBS still posted floor performance while AGR, BSI lost. However, trading were much more active on broker shares today.
Property stocks were mixed, DIC, D2D, NTL, DXG, HAG were among gainers while SJS, KBC, ITA were still losers.
Rubber and mineral shares continued to outperform, demand was good. FPT outperformed for a second day, limiting up.
Hot stocks recovered and trading was active again after a short ease.
On the Hanoi Stock Exchange, the HNX index bucked trend to close up with a gain of 0.34 point or 0.43 percent to 79.69. Trading volume rose 6.1 percent to 94.4million shares worth VND938.5 billion.
The market was supported by the news that the finance ministry has been seeking the government’s approval for a stimulus package worth VND25 trillion to support businesses which are hard hit by economic downturn. The stimulus is in the form of cutting taxes for selective enterprises.
HBB continued to be the top active player with 14.5 million shares changed hands, closing at the floor level of VND6,300 each.
PVX came second with 5.4 million shares traded, closing down 1.8 percent to VNND11,200.
VND came third with 4.8 million shares changed hands, closing up 3.2 percent to VND13,100, the trading band of this share today was broad, share prices fluctuated from VND12,200 to VND13,100.
Hot stock SCR took the forth position with 4.3 million shares traded, limiting up to VND16,200 each.