Speculative stocks boost market in early trading
Speculative stocks boost market in early trading
The benchmark indices rose marginally this morning, but the large-cap stocks took a tumble.
The VN-Index on the HCM City Stock Exchange closed the morning trading 0.04 per cent higher to end at 576.64 points.
Speculative stocks helped the index to advance, although the blue chips fell. The VN30-Index, which tracks the performance of the southern bourse's largest stocks by capitalisation and liquidity, lost 0.21 per cent to close at 618.63 points.
In the VN30 package, the losers outnumbered the gainers by 17 to 4.
The gains made by the Masan Group (MSN), Vietinbank (CTG), the Da Nang Rubber Corporation (DRC) and FPT Technology (FPT) contributed to the market's advance.
With 34.5 million shares changing hands, the trading value was VND521.7 billion or US$24.8 million.
On the Ha Noi Exchange, the HNX-Index closed nearly flat this morning at 77.35 points, while the HNXFF-Index, comprising stocks with a minimum free float rate of 5 per cent, ended at 77.81 points, 0.03 per cent higher.
The HNX30-Index, tracking top stocks, lost 0.12 per cent to finish at 155.63 points.
The trading volume was 20.7 million shares, worth VND257 billion or $11.5 million.
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