Scant trading plagues both bourses
On the HCM Stock Exchange, a mixed VN-Index finally closed in green. Largely unchanged from Monday, it ended on 409.39 points, while nearly half of all codes lost value.
Trading value jumped by 21.4 per cent to VND306.6 billion (US$14.8 million), increasing by 31.5 per cent based on 19.6 million shares.
The increase was attributed to the gains of four of the 10 largest capitalised shares including real estate developer Vincom (VIC) up 3.4 per cent, software giant FPT (FPT) up 1.9 per cent, Sacombank (STB) up 0.7 per cent and Vietinbank (CTG) up 0.4 per cent.
Eximbank (EIB) and food producer Masan Group (MSN) closed unchanged while others dropped between 0.3-2.2 per cent.
Real estate service provider Hoang Quan Corp (HQC) was the most heavily traded stock, with more than 1.2 million shares changing hands. HQC ended the session down 3.4 per cent.
Shares remained on a downward spiral in Ha Noi with the HNX-Index sliding another 0.5 per cent to 69.91 points, only 76 out of 387 shares advancing.
Market value on the Ha Noi Stock Exchange dipped 18.3 per cent to just under VND166.8 billion ($8 million) on a volume of 15.7 million shares.
Kim Long Securities Company (KLS) again claimed the highest trading volume of nearly 1.8 million shares exchanged.
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