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Local markets end mixed in early trading
Local shares ended mixed this morning, with a positive performance on the northern bourse and an extended fall on the southern market.
The VN Index on the HCM Stock Exchange continued to fall, losing three more points to reach 606.46 points, with a balanced market condition between the gainers and the losers.
The investors remained cautious and market liquidity was low, with nearly 39 million shares being exchanged, worth VND748.7 billion .
Export shares such as Thanh Cong Textile Garment Investment Trading Joint Stock Company (TCM) and Hung Vuong Corporation (HVG) ended slightly lower than yesterday.
The Brent price yesterday fell below the $50 per barrel rate and made gas shares such as Petrovietnam Gas Joint Stock Corporation (GAS) and Petrovietnam Drilling and Well Service Corporation (PVD) fall.
Large-cap shares such as Vietcombank (VCB), Ma San Group Corporation (MSN) and Vingroup Joint Stock Company (VIC) received strong selling power from their shareholders.
FLC Group (FLC) topped the market trading volume, with more than two million of its shares being traded, followed by six other codes with more than one million shares exchanged each.
On the Ha Noi Stock Exchange, the HNX Index closed higher than yesterday's value of 83.43 points, an increase of 0.14 per cent.
Codes with high expectations such as VNDirect Securities JSC (VND), Sai Gon Thuong Tin Real Estate JSC (SCR) and Saigon-Ha Noi Bank (SHB) continued to lead the market here.
Petro Vietnam Construction Joint Stock Corporation (PVX) was the most active code on the northern bourse, with more than 2.2 million of its shares being traded.
The afternoon session will start at 1pm.
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