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Shares recover, helped by blue chips
Shares rebounded after falling for two days, propped up by the strong performance of several blue chips.
On the HCM Stock Exchange, the VN-Index increased 0.22 per cent to close this morning at 606.62 points.
Large-cap stocks such as dairy giant Vinamilk (VNM), insurer Bao Viet Holdings (BVH), Vietinbank (CTG) and Saigon Securities Inc (SSI) were the market drivers this morning.
Vinamilk advanced 1.6 per cent, while the others rose less than one per cent.
The overall market condition was rather negative, with 97 stocks increasing, 82 losing and 131 closing unchanged.
Liquidity remained modest, with 49.5 million shares worth almost VND1.2 trillion (US$53.6 million) being traded by the end of the morning.
Real estate FLC Group was the most active stock, with nearly five million of its shares being traded at VND7,600 each.
On the smaller market in Ha Noi, the HNX-Index inched up 0.13 per cent to end at 80.94 points, with 19 million shares worth VND190 billion ($8.5 million) being traded.
The afternoon session will start at 1pm.
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