Large-cap stocks help market recovery
Large-cap stocks help market recovery
Shares rebounded this morning after a three-day fall, boosted by the recovery of large-cap stocks.
The benchmark VN-Index on the HCM Stock Exchange increased 0.6 per cent to close at 605.4 points, while the VN30, which tracks the top 30 shares by market value and liquidity, also added 0.6 per cent to end at 612.6.
The market condition was good, with the number of gainers being almost double the number of losers.
The gainers included the largest companies such as dairy producer Vinamilk (VNM), insurer Bao Viet Holdings (BVH), real estate giant VinGroup (VIC) and Vietcombank.
Nearly 76 million shares, worth VND1.15 trillion (US$51.3 million), were traded here by the end of the morning.
Property developer FLC Group (FLC) is temporarily leading the trading, with 7.7 million of its shares being traded at VND8.80 each.
On the smaller exchange in Ha Noi, the HNX-Index also grew 0.4 per cent to finish at 81.6 points, with 23.2 million shares worth nearly VND237 billion ($10.6 million) being exchanged.
The afternoon session will begin at 1pm.
