Capital market sees the light

The coffee exporter Thai Hoa Vietnam Group JSC (THV) gained 5.94 per cent. The stock also strongly outperformed the market with more than three million units traded.

Saigon-Hanoi Bank added 4.21 per cent, while Vinaconex (VCG) was up 2.51 per cent. PetroVietnam Northern Gas (PVG), PetroVietnam Construction (PVX) along with VnDirect Securities (VND) and Kim Long Securities (KLS) were up also on the northern bourse with 500,000 to 1.5 million shares each changing hands.

Foreigners also increased their net buying value to VND6.61 billion ($319,000), focused on those stocks above.

The benchmark HNX-Index closed at 90.56 points, rising 0.46 points against the previous session.

Liquidity, however, still kept low at VND323.59 billion ($15.63 million) with volume hitting 22.3 million shares.

Decliners outran the advancers 142 to 110 on the Hanoi exchange. Habubank (HBB) and Asia Commercials Bank (ACB) were among 142 unchanged stocks.

Meanwhile, Ho Chi Minh Stock Exchange (HoSE) kept its falling with the VN-Index slightly off 0.05 points (0.01 per cent) to 457.2 points.

Trading values slightly increased to VND631.86 billion ($30.52 million), helped by foreigners strongly buying Vinamilk (VNM). Volume, however, was still low at 23.34 million shares.

Deceliners doubled the gainers 147 to 64, with small-cap stocks down the most.

Blue-chip stocks, meanwhile, turned to slightly rise, much supported by foreign investors saw a positive session.

Among them, FPT Corp. (FPT), Vietinbank (CTG) and Bao Viet Holding (BVH) up the most. PetroVietnam Fertilisers (DPM), Ocean Group JSC (OCG) and Itaco (ITA) were up as well.

Eximbank (EIB) slightly gained, Saigon Securities Inc. (SSI) and Sacombank (STB) unchanged while Vietcombank (VCB) giving back.