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Shares trim earlier losses in HCM City
Shares on the HCM Stock Exchange rallied during Monday morning's session, with the VN-Index edging up 0.4 per cent to close at 419.66 points.
Losers, however, outnumbered gainers by 142-76.
Trading was sluggish, with the value of trades totalling only VND357.7 billion (US$17.3 million) as 22.77 million shares changed hands, declining around 30 per cent in both value and volume compared to last Friday's close.
Of the 10 largest shares led by capitalisation, food processor Masan Group (MSN) hit the daily limit of 5 per cent. Vietcombank (VCB), insurer Bao Viet Holdings (BVH), Vietinbank (CTG) and real estate developer Vincom (VIC) increased by 0.4-3.2 per cent.
Meanwhile, other blue chips tumbled or ended unchanged.
PetroVietnam Construction Investment Company (PXL) saw the highest trading volume on the southern bourse, with more than 1 million shares exchanged, although it bottomed out to VND5,600 per share.
On the Ha Noi Stock Exchange, the HNX-Index retreated by another 1 per cent to conclude the session at 70.46 points.
Losers overwhelmed gainers by 193-64.
The day's value of trades only reached 76.8 per cent of last Friday's level, totalling VND247.4 billion ($12 million) on a volume of 24.87 million shares.
Kim Long Securities Company (KLS) was the most active code nationwide, with more than 2 million shares changing hands.
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