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Shares recover on sluggish liquidity
Shares rebounded this morning on the two markets, but liquidity declined on rising investor caution.
On the HCM Stock Exchange, the VN-Index inched up 0.51 per cent to close at 581.84 points, as the gainers outnumbered the losers by 115 to 71, while117 stocks remained unchanged.
Blue chips also performed well as shown in an increase of 0.45 per cent of the VN30 Index, which tracks the top 30 shares by market value and liquidity.
The overall liquidity was almost halved, compared with yesterday morning, as just nearly 53 million shares worth VND740.4 billion (US$34 million) were traded.
Ocean Group (OGC) was leading the trading here, with more than seven million of its shares being exchanged, climbing 3.7 per cent to stand at VND2,800 per share.
On the Ha Noi Stock Exchange, the HNX-Index increased 1.1 per cent to end at 87.44 points, with a sluggish market value of just VND333 billion ($15.3 million).
Sai Gon Thuong Tin Real Estate Co (SCR) was the most active code this morning, with more than 2.5 million of its shares being exchanged at VND8,200 each.
The afternoon session will start at 1pm.
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