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VN-Index gains thanks to blue chips while HNX-Index drops
The VN-Index saw an increase of 0.31 per cent this morning, closing at 412.10 points. Thanks to the heavy support of large capitalised shares, the index has experienced three increasing sessions in a row.
Four blue chips, including insurer Bao Viet Holdings (BVH), food producer Masan Group (MSN), property developers Vincom (VIC) and Vinpearlland (VPL) hit ceiling prices, pulling the index up despite decliners outnumbering advancers by 168-68.
Around 63 per cent of decliners, including many large caps such as Phu My Fertiliser (DPM), software producer FPT Corp (FPT), steel producer Hoa Phat Group (HPG), Vietcombank (VCB), Sacombank (STB) and PetroVietnam Finance (PVF), dropped to floor prices,.
In HCM City, today's trade volume remained sluggish with over 27 million shares, worth around VND515.8 billion (US$25 million), changing hands.
Refrigeration Electrical Engineering (REE) was the most active share on the southern bourse today with over 3 million of its shares traded, an increase of 1.9 per cent, closing at VND10,700 ($0.52).
On the Ha Noi Stock Exchange, the HNX-Index lost a landmark 70 points, declining 1.72 per cent to 69.61 points.
Losers outnumbered gainers by 180-97.
Trading volume decreased by 10 per cent from Friday's session to 28.5 million shares, worth VND301.7 billion ($14.6 million).
The PetroVietnam Construction Company (PVX) was the most heavily-traded share with 3.11 million shares exchanged, closing on an increase of 2 per cent or VND9,900 ($0.48).
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