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Stocks recover after Wednesday's losses
Both of Viet Nam's stock indices closed in the green today after losing on September 15.
In HCM City, the VN-Index closed up 0.18 per cent at 449.52.
In Ha Noi, the HNX-Index ended up 0.94 per cent at 128.4.
Trading volume on the HCM City Stock Exchange remained low with just over 38 million shares worth VND989.2 billion (US$50.7 million) changing hands. Gainers outnumbered losers 112-86.
The unknown fate of Circular 13 - governing bank reserves - made domestic investors hesitant in the first half of the session despite rises on the world's major stock exchanges.
The VN-Index opened down 0.68 per cent to 445.69 with a record-low of 630,000 shares worth VND18.3 billion ($938,500) traded.
The market bounced back to almost 450 after it fell to 445.
Among 10 largest shares by capitalisation, three advanced, three declined and four remained unchanged.
Ocean Group (OGC) was the most active on the southern bourse with more than 3.2 million shares changing hands. OGC rose by 2.94 per cent to close at VND34,000 ($1.74) per share.
The volume of trades on the Ha Noi Stock Exchange declined 7 per cent to about 26 million worth VND635.5 billion ($32.6 million).
One-hundred-and-sixty-five codes advanced, 99 declined and 72 were unchanged.
Giant construction corporation Vinaconex (VCG) and Asia Commercial Bank (ACB) lost value among the blue chips. PetroVietnam Insurance (PVI), Bao Viet Securities (BVS) and PetroVietnam Construction (PVX) all rose.
PetroVietnam Construction (PVX) was the most heavily-traded shares - 3 million.
Most of the shares to raise their ceiling prices were penny and mid-caps such as Cavico Industry And Minerals (CMI), IDJ International Financial Investment (IDJ), LTC, Constrexim - Phuc Hung Investment Construction and Import - Export (PHC), and TNG Investment And Trading (TNG).
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