Money pours in from blue chips in Hanoi's market, VN-Index down
Money pours in from blue chips in Hanoi's market, VN-Index down
Investment money poured in from several blue chips in Hanoi's stock market, helping lift the index here, while sluggish trading dragged down the VN-Index on the HCM City exchange.
On the Hanoi Stock Exchange, the HNX-Index rose by a modest 0.29 per cent to close this morning's session at 51.56 points, but overall trading value was still low, reaching just VND43.6 billion (US$2.1 million).
Three codes dominated the short-term transactions. Saigon-Hanoi Bank (SHB) saw 2.15 million shares change hands, making it the most active code nationwide this morning. Real estate company Sacomreal (SCR) and Hanoi Investment General Corp (SHN) both saw more than 1 million shares traded. While SHN closed flat, the other two companies jumped 2.4 per cent and 10 per cent, respectively.
Meanwhile, half the codes on the HCM City Stock Exchange closed unchanged, making the benchmark VN-Index drop slightly to 383.57 points, off 0.08 per cent from yesterday's close.
Trading was very low with just 9.1 million shares, worth VND115.9 billion ($5.5 million), changing hands. The Military Bank, with about 411,000 shares traded, was the most active code on the southern bourse. MBB closed flat at VND12,100 a share.
Blue chips tumbled slightly with the VN30 tracking the top 30 shares on the bourse down 0.13 per cent to 452.30 points.
Trading will resume at 1pm.
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