Shares rebounded on both national stock exchanges this morning after two consecutive days of falling but trading remained sluggish.
HA NOI –
On the HCM City Stock Exchange, the benchmark VN-Index gained 0.94 per cent to 416.41 points with advancers outnumbering decliners by 117-57.
Blue chips rose with the VN30, which tracks the performance of the top 30 shares by market capitalisation and liquidity, also up 0.93 per cent to 494.33 points.
Dairy giant Vinamilk (VNM) hit the ceiling price while Vietinbank (CTG), Sacombank (STB), PetroVietnam Finance (PVF) and Bao Viet Holdings (BVH) increased from 0.4-1.5 per cent.
Financial conglomerate Ocean Group (OGC) was the most active this morning on a total trade of over 850,000 shares, rising 0.8 per cent to VND12,900 ($0.61) a share.
Trading continued to decline, however, totalling just 13.6 million shares, worth over VND206 billion (US$9.8 million), a decrease of another 12.5 per cent in value from yesterday morning.
On the Ha Noi Stock Exchange, the HNX-Index also increased 0.44 per cent to finish this morning at 69 points.
Gainers more than doubled losers, led by large-cap shares with the HNX30 Index also up 0.63 per cent to 130.17 points.
Trading value fell 15 per cent from yesterday morning, however, reaching just VND129 billion ($6.1 million).
VNDirect Securities (VND) was still the most active code on the Ha Noi market with 1.33 million shares exchanged, closing flat at VND10,700 ($0.51).
Trading will resume at 1pm. - VNS