Shares gain in Ha Noi while slump in HCM City

The VN-Index on the HCM Stock Exchange retreated again, marking three consecutive sessions this week, and concluding at nearly 1.3 per cent to 391.47 points.

Decliners outnumbered advancers by 162-64.

The value of trades slid 26.3 per cent to VND443.3 billion (US$21.5 million) on a volume of 26.5 million shares.

Bao Viet Holdings (BVH) and PetroVietnam Finance (PVF), two of the 10 leading shares in terms of capitalisation, bottomed out for the second session during the week.

Meanwhile, Vietinbank (CTG), Phu My Fertilisers (DPM), food producer Masan (MSN) and real estate developers Hoang Anh Gia Lai (HAG) and Vincom (VIC) lost between 0.3-2.8 per cent.

Only software giant FPT (FPT) and Sacombank (STB) managed gains of 1.9 and 2.7 per cent respectively.

STB was the most active code on the southern bourse with over 4.7 million shares exchanged.

On the Ha Noi Stock Exchange, the HNX-Index got back in the green of 67.45 points, a 0.15-per-cent increase.

The number of gainers nearly equalled that of losers.

Trading value, however, dived 28.4 per cent to VND195.4 billion ($9.5 million). Trading volume also fell to 20.8 million shares.

Kim Long Securities Company (KLS) claimed the highest trading volume in Ha Noi by nearly 2.9 million shares changing hands.

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