Shares rise slowly as investors stay cautious
Shares rise slowly as investors stay cautious
Shares continued to rise this morning, but at a slow pace as investors became more cautious with the benchmark VN-Index approaching the psychological level of 600 points.
On the HCM Stock Exchange, the VN-Index edged up 0.3 per cent to close the morning at 594.6.
The market condition was positive, as the advancers were almost double the number of the losers at 113 to 97, while 130 stocks closed unchanged.
Realty stocks were attracting investor capital, with the top five most-active stocks being real estate companies such as Duc Long Gia Lai Group (DLG), Hoang Quan Consulting-Trading-Service Real Estate Corp (HQC), Tan Tao Investment Industry Corp (ITA) and FLC Group (FLC), besides Hoang Anh Gia Lai Co (HAG).
DLG was temporarily leading the market, with 2.9 million of its shares being traded, rising 5.4 per cent to stand at VND7,800 (US$0.35) each. Except HAG that closed unchanged, the other stocks climbed more than one per cent.
More than 50 million shares worth VND812.5 billion ($36.3 million) were traded here by the end of the morning.
Meanwhile, on the Ha Noi Stock Exchange, the HNX-Index was up 0.2 per cent to end at 81.3 points, with a market value of almost VND256 billion ($11.4 million).
The afternoon session will begin at 1pm.
