Shares rise in HCM City but slide in Ha Noi

Jul 30th at 12:42
30-07-2012 12:42:54+07:00

Shares rise in HCM City but slide in Ha Noi

Viet Nam's markets opened a new trading week with mixed signals on the two national stock exchanges this July 30 morning.

On the HCM City Stock Exchange, the benchmark VN-Index closed up 0.43 per cent at 414.95 points, but trading value was sluggish at nearly VND310 billion (US$14.8 million) with just 17.4 million shares exchanged.

Advancers outnumbered decliners by 94-81.

Blue chips gained with the VN30 Index tracking the top 30 shares by market capitalisation and liquidity also up 0.6 per cent at 492.55 points.

The fourth largest listed lender Sacombank (STB) was the most active stock with 3.23 million shares changing hands, rising 0.9 per cent to end this morning at VND23,100 ($1.10).

Meanwhile, the HNX-Index closed in the red on the Ha Noi Stock Exchange, down 0.07 per cent at 69.3 points on a modest turnover of nearly VND165 billion ($7.9 million).

Market conditions were negative with 64 codes rising, 85 declining and 246 closing unchanged.

Large-cap shares on the Ha Noi bourse increased slightly however, with the HNX30 gaining 0.02 per cent to close at 131.59 points.

VNDirect Securities (VND) was the most active code this morning on total trading of 2.45 million shares, closing unchanged at VND10,900 ($0.52).

Trading will resume at 1pm.

vietnamnews



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