Markets close higher in morning trade
Markets close higher in morning trade
Shares rose this morning on both the national stock exchanges over falling market liquidity, as the investors were more cautious after a stock sell-off yesterday.
The VN-Index on the HCM City Stock Exchange closed this morning up 0.26 per cent to end at 591.21 points.
More than 43.7 million shares, worth VND664 billion (US$31.4 million), were traded.
The VN30-Index, which tracks the performance of the southern bourse's top stocks by capitalisation and liquidity, edged up 0.15 per cent to close at 638.07 points.
There were 16 gainers and five losers in the VN30 package.
Hoa Sen Group (HSG), Hoa Phat Group (HPG) and Masan Group (MSN) advanced this morning, while Vingroup (VIC), Bao Viet Holdings (BVH) and FPT Group (FPT) fell.
The Mobile World Investment Corporation (MWG), in particular, reached its ceiling price in all trading sessions since it was listed on the HCM City Stock Exchange. The stock rose by 7 per cent this morning to close at VND99,500 ($4.7) per share, in comparison to its initial price of VND68,000 ($3.4).
On the Ha Noi Exchange, the HNX-Index rose 0.39 per cent to finish at 80.47 points on the exchange of more than 17 million shares, worth VND247.7 billion ($11.2 million).
The HNX30-Index edged up 0.66 per cent to stand at 164.42 points.
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