Slower CPI boosts shares

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VietNam News English - 30 month(s) ago 4 readings

Shares rose on both national stock exchanges in the last trading minutes of this morning's session, following information on a consumer price index (CPI) ease.

HA NOI – Shares rose on both national stock exchanges in the last trading minutes of this morning's session, following information on a consumer price index (CPI) ease.

The Government said this morning during a meeting that this month's CPI could increase by a rate lower than 0.1 per cent. Meanwhile, the CPI declined 0.43 per cent in Long An and inched up only 0.09 per cent in Dong Nai.

On the HCM City Stock Exchange, the VN-Index added 0.3 per cent to 468.56 points.

Gainers outnumbered losers by 106-95.

Market value, however, reached only 87.5 per cent of yesterday morning's level, totalling nearly VND1.4 trillion (US$66.6 million). Trading volume dropped 16.2 per cent to around 82.3 million shares.

The advance of the VN-Index was gained by six well-performing blue chips of the 10 leading shares by capitalisation, while none in this group lost value.

The VN30 tracking the city bourse's 30 best stocks also edged up 0.7 per cent to 537.53 points.

On the Ha Noi Stock Exchange, the HNX-Index rose 0.26 per cent to 77.70 points.

The value of trades increased 7.2 per cent to VND622.9 billion ($296 million) on an essentially unchanged volume of nearly 56.8 million shares.

Habubank (HBB) was again the most active stock nationwide with 4.5 million shares changing hands.

The market will resume at 1 pm. – VNS

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