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Stock markets firm despite sluggish trade
Shares gained value this morning on both national stock exchanges but trading remained sluggish.
On the HCM City Stock Exchange, the benchmark VN-Index closed 1.16 per cent higher at 423.08 points on a total turnover of nearly VND486 billion (US$23.1 million).
Market sentiment was positive with 183 codes rising, 42 falling and 45 closing unchanged.
Blue chips led the market rise, with the VN30 Index tracking the top 30 shares by market capitalization and liquidity up 1.18 per cent to 503.25 points.
Financial Ocean Group (OGC) and telecom equipment maker SACOM Development Investment Corp (SAM) were the most active shares in the VN30 Index, on total trades of over 2.7 million shares exchanged on each code. Both hit the ceiling prices this morning, closing at VND13,700 for a OGC share and VND8,600 for a SAM share.
On the Ha Noi Stock Exchange, the HNX-Index also jumped 1.92 per cent to finish this morning at 70.23 points, with nearly 33.3 million shares, worth VND328.4 billion ($15.6 million), changing hands.
Advancers outnumbered decliners by 171-37, led by large-cap shares tracked by the HNX30 Index, which was also up 3.22 per cent to 134.42 points.
Kim Long Securities Co (KLS) was the most active code on Ha Noi's bourse on trades of 4 million shares, soaring to the ceiling price of VND10,300 a share.
Trading will resume at 1pm.
vietnamnews
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