Mid-cap shares prop up VN-Index
Mid-cap shares prop up VN-Index
Mid-cap shares provided the market momentum this morning, as many of them made strong gains, lifting the benchmark VN-Index up 0.26 per cent to close at 633.10 points.
On the HCM Stock Exchange, 94 stocks rose, 92 tumbled and 120 were trading flat.
Most of the gainers were mid-cap stocks. Real estate companies made the largest gains, with many rising between five and seven per cent.
They included Mien Dong Group (MDG), up seven per cent; Century 21 Co (C21), up 6.7 per cent; Tien Giang Investment and Construction (THG), up 6.4 per cent; and Urban Industrial Development Co No2 (D2D), up 6.3 per cent; as well as Khanh Hoi Investment and Services (KHA), up 5.2 per cent.
Blue chips also recovered, as many of them rose slightly or closed unchanged.
The VN30, which tracks the top 30 shares by market value and liquidity, edged up 0.15 per cent to end at 660.57 points.
The overall liquidity declined, with more than 59 million shares worth VND1.12 trillion (US$51.4 million) being traded by the end of the morning.
Real estate FLC Group (FLC) was leading the trading here, with 6.5 million of its shares being traded, climbing 3.9 per cent to reach VND8,100 per share.
On the Ha Noi Stock Exchange, the HNX-Index also regained 0.38 per cent to close at 85.91 points, but the market value remained as low as VND279.4 billion ($12.8 million).
The gainers outnumbered the losers by 80 to 69, while 212 were flat.
KLF Joint Venture Global Investment Co (KLF) was the most active stock with 4.3 million of its shares being exchanged, soaring 5.3 per cent to end at VND6,000 each.
The afternoon session will start at 1pm.
