Wednesday, 11/07/2012 12:38

Shares stop declining, add value

Shares stopped a declining streak during this July 11 morning's session. Indices gained Abbott 0.3-1 per cent. However, liquidity did not improve.

On the HCM City Stock Exchange, the VN-Index closed at 406.77 points, a 0.34 per cent increase. Advancers overwhelmed decliners by 110-70.

Twenty-three of the 30 leading shares by capitalisation and liquidity rose. Only Eximbank (EIB) and property and hospitality-services developer Vingroup (VIC) retreated.

The VN30, therefore, edged up 0.35 per cent to 481.27 points.

Market value reached only VND199.6 billion (US$9.5 million), as trading volume fetched nearly 13.3 million shares.

Meanwhile, the HNX-Index on the Ha Noi Stock Exchange added 0.5 per cent to 68.24 points. The HNX30, tracking the bourse's 30 best stocks, rose 1 per cent, hitting 127.78 points.

About 11.76 million shares worth an overall value of VND102.7 billion ($4.8 million) changed hands.

VNDirect Securities Co (VND) was the most active stock nationwide with some 1.9 million shares exchanged. It advanced by 2.2 per cent to conclude the morning session at VND9,300 per share.

Afternoon trading will begin at 1pm.

vietnamnews

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