Stocks rise but growth slows down
Stocks rise but growth slows down
Shares continued to rise on both exchanges this morning but growth slowed down as investors waited for changes on the portfolios of FTSE Vietnam fund, which will be announced today.
On the HCM Stock Exchange, the VN-Index inched 0.17 per cent up at 574.75 points while the VN30 tracking the top 30 shares by market value and liquidity increased 0.35 per cent to close at 618.25 points.
The market condition was negative as the decliners outnumbered the advancers by 77–76 and 148 codes closed flat.
Around 44 million shares worth VND694.6 billion (US$32.9 million) were traded by the end of the morning.
FLC Group (FLC) was again the most active code with 3.23 million shares changing hands, declining 0.93 per cent to VND10,700 per share.
On the Ha Noi Stock Exchange, the HNX-Index added 0.12 per cent to end at 76.39 points as the gainers outnumbered the losers by 73–69. Other 217 stocks ended flat.
Trading remained sluggish with 25 million shares worth VND257.2 billion ($12.2 million) exchanged.
KLF Joint Venture Investment International JSC (KLF) is temporarily leading trades with 2.8 million shares, being traded at VND11,200 per share.
Trading will resume at 1 pm.
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