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Shares rebound on new cash inflows

Mar 3rd at 13:15
03-03-2017 13:15:53+07:00

Shares rebound on new cash inflows

The benchmark VN-Index bounced back to 709.4 points on Friday morning, 0.3 per cent higher than Wednesday’s close.

 

Large-cap stocks recovered, with over half of the top 30 shares by market value and liquidity increasing, including the leaders of different stock groups, such as dairy giant Vinamilk (VNM), real estate developer VinGroup (VIC), PV Gas (GAS) and Vietcombank (VCB), as well as insurer Bao Viet Holdings (BVH) and IT group FPT (FPT).

Cash flowed into the market, lifting trading volume to 91.5 million shares worth VND1.7 trillion (US$74.6 million).

However, shares remained in the defensive territory on the Ha Noi Stock Exchange, with the HNX-Index moving down 0.6 per cent to 86.1 points.

A total of 36.6 million shares worth VND244 billion were traded on the northern market.

Afternoon trade starts at 1 pm.

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