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Shares down in HCM City, up in Ha Noi
Shares continued to decline on the HCM Stock Exchange Wednesday morning, with the VN-Index losing another 0.78 per cent to close at 401.15 points.
Today's trading was sluggish with just over 24.2 million shares, worth VND395.3 billion (US$18.8 million), changing hands.
Gainers inched up over losers 101-98 but blue chips tumbled as none of the 10 largest shares by market capitalisation increased.
Shares posting gains today were mostly penny stocks such as An Giang Seafood Import-Export (AGF), Binh Dinh Minerals (BMC), insurer Bao Minh Company (BMI), Dong Phu Rubber (DPR), Long An Food Processing & Export (LAF) and Vimedimex Medi-Pharma (VMD).
Becamex Infrastructure Development (IJC) was the most active code in HCM City today, with 1.9 million shares traded, though share price closed down 1 per cent to VND9,600 ($0.46).
Shares rebounded in the closing minutes of the Ha Noi Stock Exchange, with the HNX-Index inching up just 0.18 per cent over yesterday to close at 67.93.
Advancers outnumbered decliners by 140-86 but the market value fell slightly to VND256.6 billion ($12.2 million) with 25.5 million shares traded.
Kim Long Securities Company (KLS) remained the most heavily traded stock nationwide with nearly 2.4 million shares changing hands. It rose 1 per cent to close today's session at VND10,100 ($0.48).
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