Markets improve as blue chips recover
Markets improve as blue chips recover
Stocks rose this morning as blue chips recovered.
On the HCM Stock Exchange, the VN-Index regained 0.4 per cent to close at 583.10 points, and the VN30, which tracks the top 30 shares by market value and liquidity, rose 0.28 per cent to stand at 612.36.
The slow market growth was attributed to modest increases of large-cap shares.
Vietcombank (VCB), Bao Viet Holdings (BVH), Hoa Phat Group (HPG) and PV Gas (GAS), as well as FPT Corp (FPT) gained only between 0.3 per cent and 2.3 per cent.
Liquidity was modest, with just 83 million shares worth nearly VND894 billion (US$41.8 million) being traded by the end of the morning.
FLC Group (FLC) remained the most heavily-traded stock, with 6.4 million of its shares being exchanged, rising 0.82 per cent to stand at VND12,100 per share.
On the Ha Noi Stock Exchange, the HNX-Index also increased 0.38 per cent to end at 85.40 points, on improved trading value of VND406 billion ($19 million).
Only two codes saw trading of more than one million shares here. KLF Joint Venture Global Investment Co (KLF) led with 11.1 million of its shares being traded at VND11,000 per share.
The afternoon session will begin at 1pm.
