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Masan Group hits ceiling, pushing the VN-Index
The VN-Index was mixed this morning but finally closed up 0.08 per cent at 430.32 points.
On the HCM Stock Exchange, losers outnumbered gainers by 120-65. Market value only reached 70 per cent of yesterday's figure, standing at VND329.8 billion (US$16 million). The volume of trades dropped 14 per cent to just over 20 million shares.
Of the 10 leading shares by capitalisation, food producer Masan Group (MSN) hit its ceiling price for the second succesive session but only two others made gains, software giant FPT (FPT) up 4.1 per cent and Sacombank (STB) up 2.3 per cent.
Meanwhile, insurer Bao Viet Holdings (BVH), Phu My Fertilisers (DPM), PetroVietnam Finance (PVF) and property developers Hoang Anh Gia Lai (HAG) and Vincom (VIC) fell between 0.7-2.9 per cent.
The most-active share was STB, with more than 1.8 million shares exchanged.
The HNX-Index on the Ha Noi Stock Exchange lost 0.3 per cent to conclude the day at 72.84 points.
Only one fifth of the listed codes made gains.
Trading value, however, climbed 14.5 per cent over yesterday's session to VND216.1 billion ($10.5 million) on a volume of 19.7 million shares.
Kim Long Securities Company (KLS) claimed the highest trading volume nationwide, with 2 million shares changing hands.
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