Bourses finally bounce back

Nov 29th at 12:45
29-11-2012 12:45:27+07:00

Bourses finally bounce back

Shares made gains on the HCM City Stock Exchange this  November 29 morning, putting an end to the negative streak after six-straight sessions of declines.

The VN-Index was up 0.56 per cent to close at 377.90 points, but the value of trades was just a quarter of yesterday's level, reaching just VND149.3 billion (US$7.1 million).

Most blue chips recovered this morning after a poor peformance yesterday, including dairy giant Vinamilk (VNM), food processor Masan Group (MSN), property developer VinGroup (VIC) and Vietcombank (VCB).

The VN30, tracking the top 30 shares, closed in the green with a 0.45 per cent rise taking it to 443.49 points.

Trading remained sluggish, however, with only two codes exhanging more than 500,000 shares.

Without any clear positive information, Truong Thanh Furniture Corp (TTF) has temporarily been the most active stock with 581,460 trades of shares. The shares are being traded at almost the ceiling price of VND4,300 each.

Saigon Securities Inc (SSI) closely followed with nearly 503,000 shares traded, gaining 0.71 per cent to stand at VND14,200.

On the Ha Noi Stock Exchange, the HNX-Index also crept up 0.15 per cent to 51.07 points on a turnover of VND53.3 billion ($2.5 million).

Sai Gon-Ha Noi Bank (SHB) was again the most active code with 1.68 million shares changing hands, but the shares still closed flat at VND4,800 each.

Trading will resume at 1pm.

vietnamnews



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