Stock market All indexes close higher 08/Mar/2017 Intellasia | Vneconomic Times Poor day for food and beverages not enough to drag HSX down on March 7. All main indexes on Vietnam's stock market increased on March 7. On HSX, the VN Index rose 0.25 points (0.03 per cent), the VN30-Index 1.29 points (0.20 per cent), the VNMid-Index 6.6 points (0.75 per cent), and the VNSml-Index 4.44 points (0.55 per cent). On HNX, the HNX-Index gained 0.15 points (0.17 per cent), the HNX30-Index 1.29 points (0.2 per cent), the UPCoM-Index 0.17 points (0.31 per cent), and the VNALL-Index 2.54 points (0.25 per cent). HSX saw a 131 point increase followed by a 112 point decrease while HNX saw a 124 point increase followed by a 113 point decrease. Liquidity on HSX reached VND3.3 trillion ($144.7 million), 6 per cent higher than yesterday, and on HNX was VND452 billion ($198.2 million), 4 per cent higher. The VN Index opened at 716.29 points and increased early on to its peak of the day of 716.9 points before hitting its bottom of the day of 714.4 points mid-session. It then recovered to finish the morning at 716.8 points. In the afternoon it fluctuated around the 716-point mark before finishing the day at 716.54 points. No food and beverage shares increased, with MSN and SBT closing at their opening price and BHN falling 3.4 per cent, SAB 0.9 per cent, KDC 0.8 per cent, and VNM 0.7 per cent. In banking, VCB was the only share to increase, by 0.5 per cent, while STB lost 2.8 per cent, EIB 1.8 per cent, BID 0.6 per cent, and CTG 0.5 per cent. MBB closed at its opening price. In real estate, FLC marked three consecutive days of hitting its ceiling, rising 6.9 per cent today. VIC and KDC also increased, by 0.2 per cent each. KBC closed at its opening price and DXG and NVL lost 2.2 per cent and 0.4 per cent, respectively. In energy, GAS and PGD closed at their opening price while CNG rose 0.8 per cent. Among other large caps on HSX, VJC ended five days of increases and fell 3.6 per cent. HPG closed at its opening price and BHN increased 0.5 per cent ROS was the highest traded share on HSX, with VND690 billion ($3.02 million) changing hands as it rose 2.9 per cent in price. FLC followed, with VND332 billion ($14.5 million). The largest cap, VNM, saw trade of VND57 billion ($2.5 million). On HNX, ACB closed down 0.4 per cent. VCG and VCS rose 1.9 per cent and 0.9 per cent, respectively, while PVS, PHP, NTP and SHB closed at their opening price. Foreign investors net sold on HSX by VND106 billion ($4.6 million) and on HNX by VND14 billion ($613,900). http://vneconomictimes.com/article/banking-finance/fqqmv4pw-all-indexes-close-higher Medium caps send market up 08/Mar/2017 Intellasia | The Saigon Times The local stock market gained ground for the second straight session on March 6 as medium caps like ROS, FLC, FIT and HAI performed well on strong demand, lifting the VN Index up 3.67 points, or 0.52 percent, against last Friday at 716.29. Turnover on the HCM City market, however, slightly declined with more than 172 million shares worth nearly VND3.6 trillion traded, including VND502 trillion worth of put-through transactions. According to tinnhanhchungkhoan.vn, ROS rose strongly in early trade after the exchange-traded fund (ETF) FTSE had added the stock into its portfolio in the first quarterly review of 2017. Earlier, ROS had reported 51 rising sessions out of 52 trading sessions since December 2016, soaring 51.5 percent from VND100,800 to VND152,700 last Friday, with matching volume averaging out at 2.2 million shares each trading day. Ending the session, ROS hit the ceiling price at over VND163,000 each share with nearly 4.1 million shares traded and ranked eighth in terms of liquidity. FLC also closed at the upper limit of nearly VND7,400 each share on matching volume of 17.7 million shares. Among the most actively traded stocks, HAG went up slightly at over VND8,000 with six million shares traded. DXG, which was also added to the FTSE Vietnam Index, jumped 6.4 percent on volume of over 6.9 million shares while HBC moved sideways after a long winning streak. Meanwhile, HQC lost 2.3 percent to VND2.500 each share on matching volume of 13.3 million shares after being removed from FTSE's index calculation basket. ITA also fell 0.46 percent at VND4,300 with seven million shares changing hands. In the blue chip group, BID gained 1.2 percent at VND16,600 per share and VJC increased 4 percent at VND137,400 on volume of nearly 1.2 million shares. VNM also recovered 0.6 percent at VND139,900 per share while NVL and MSN closed at the reference prices. Other property stocks also reported nice gains, with TDH and VPH hitting the ceiling prices and NTL, DIG, LDG and HAR rising slightly. Meanwhile, SCR, HDG, VRC and PDR closed with losses. The Hanoi market declined as ACB and PVS closed at the intraday lows, with the HNX-Index falling 0.1 point, or 0.11 percent, at 86.55. The exchange saw 44.8 million shares worth VND433.5 billion traded, down by 5 percent against the previous session. KLF increased 3.4 percent on matching volume of nearly 5.5 million shares while VCG gained 3.3 percent at VND15,700 each share. KVC, HKB and SVN plunged to the floor prices given high selling pressure. Foreigners net bought VND19 billion on the southern bourse, chiefly VNM shares with net buying value of VND34.5 billion and VJC with over VND27 billion. They net bought a slight VND3.1 billion on the northern exchange. http://english.thesaigontimes.vn/52732/Medium-caps-send-market-up.html Shares volatile on divergence 08/Mar/2017 Intellasia | VNS Shares were volatile on Tuesday morning as investments were scattered on the back of a slump in large- cap stocks. The benchmark VN Index on the HCM Stock Exchange inched up 0.1 per cent to 716.8 points after sinking for most of the morning session. On the Hanoi Stock Exchange, the HNX-Index was down 0.1 per cent to 86.5 points. Construction and real estate stocks continued to attract money, but the slump witnessed by several heavyweight large-cap stocks restrained the market. FLC Group (FLC), Hoang Quan Consulting-Trading-Service Real Estate (HQC), Tan Tao Investment Industry (ITA) and Kinh Bac City Development (KBC), as well as Vinaconex (VCG) and Tasco (HUT) remained among the five most heavily-traded stocks on the two exchanges. Barring ITA which declined 1.6 per cent, the other stocks increased between 0.6 per cent and 5.7 per cent each. On the other side, however, large firms such as Vinamilk (VNM), lender BIDV (BID), tech giant FPT Corp (FPT), private equity firm Masan Group (MSN) and Mobile World Group (MWG) all sank. A total of 156 million shares worth VND2.4 trillion (US$105 million) were traded on the two markets. Afternoon trade starts at 1pm. http://bizhub.vn/markets/shares-volatile-on-divergence_284605.html Property drives VN Index upwards 08/Mar/2017 Intellasia | VNA The VN Index on the HCM Stock Exchange advanced for a second day on March 6, driven by stocks in the property and construction sectors. The benchmark index closed up 0.5 per cent at 716.29 points, extending gains to a second day with total growth of 1.2 percent. The real estate and construction sectors sectors made gains after FTSE, a London-based index provider, on Friday announced it would add shares of Faros Construction Corp (ROS) and two other property stocks, including Hoa Binh Construction (HBC) and Dat Xanh Real Estate Service and Construction (DXG), into its FTSE Vietnam Index in the first quarterly review of 2017. The news helped Faros Construction Corp and Dat Xanh Real Estate Service and Construction Corp share prices surge 6.9 percent and 6.4 percent, respectively. Property firm FLC Group (FLC), the major shareholder of Faros Construction Corp, also benefited from the increase of Faros' share price. FLC jumped 7 percent on March 6 and topped the most-active stock board with more than 17.6 million shares being exchanged. The largest real estate company Vingroup (VIC) edged up 0.6 percent. The southern bourse also received strong support from several large-cap stocks, such as dairy producer Vinamilk (VNM), the Bank for Investment and Development of Việt Nam (BID) and Vietinbank (CTG). VNM added 0.8 percent, BID rose 1.2 percent and CTG was up 0.5 percent. After the VN Index ended its nine-week rally, the impact of speculations over FTSE Vietnam ETF's first quarterly review is driving the benchmark index in a positive direction with rapid increase of ROS, BIDV Securities Corp (BSC) said in a note. However, the current market conditions remain volatile on unpredictable changes that could be made in the investment portfolios of the exchange-traded funds (ETFs) and expectations for an interest rate increase in March by the US central bank, BSC added.