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VN-Index climbs as blue chips rally
The VN-Index continued to rise this morning, adding another 0.39 per cent to close at 570.47 points, propped up by blue chips.
The VN30, which tracks the top 30 shares bymarket value and liquidity on the HCM Stock Exchange, grew 0.58 per cent to end at 598.54 points.
PetroVietnam Drilling and Wells Services Corp (PVD) increased 2.8 per cent, while other blue chips also posted gains, including Saigon Securities Inc (SSI), FPT Corp (FPT) and VinGroup (VIC).
However, bank shares fell.Except Vietcombank (VCB) and Eximbank (EIB), other lenders such as BIDV (BID), Vietinbank (CTG) and Sacombank (STB) posted losses.
Liquidity remained modest, with more than 43 million shares worth VND948.5 billion (nearly US$44 million), being traded by the end of the morning.
Auto dealer Hoang Huy Investment Co (HHS) was still the most active code, with the trading of nearly four million of its shares, climbing 5.13 per cent to reach VND20,500 ($0.95) per share.
On the Ha Noi Stock Exchange, the HNX-Index ended flat at 83.39 points, with a total turnover of nearly VND415 billion ($19.2 million).
The market condition was negative here, as the losers were nearly double the number of gainers.
Trading was also dry. Only six stocks traded more than one million shares, of which F.I.T Investment Co (FIT) was the most active, with 5.8 million shares exchanged, rising 3.6 per cent to stand at VND14,600 ($0.68) per share.
The afternoon session will start at1pm.
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