Tuesday, 30/06/2015 14:28

Blue chips lift both markets

Shares improved this morning on the two exchanges, helped by blue chips again.

 

On the HCM Stock Exchange, the VN-Index gained 0.91 per cent to close at 597.12 points, while the VN30, which tracks the top 30 shares by market value and liquidity, was up 0.82 per cent to end at 625.33 points.


Bank stocks and other blue chips such as VinGroup (VIC), Hoang Anh Gia Lai Co (HAG), Hoa Phat Group (HPG) and Bao Viet Holdings (BVH), as well as Masan Group (MSN) extended their gains, thanks to the raised foreign ownership ceiling.

Ocean Group (OGC) was leading the trading here with 6.7 million of its shares being exchanged, closing flat at VND2,700 per share.

The overall liquidity declined slightly, with more than 70 million shares worth VND1.133 trillion (US$52 million) changing hands by the end of the morning.

On the Ha Noi Stock Exchange, the HNX-Index added 0.69 per cent to finish at 86.08 points, worth VND358.3 billion ($16.4 million).

FIT Investment Co (FIT) and KLF Joint Venture Global Investment Co (KLF), which traded more than 2.2 million shares, were the most active stocks this morning. While FIT lost 0.8 per cent, KLF added 1.5 per cent.

The afternoon session will start at 1pm.

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