VN shares end mixed

Vietnamese shares ended mixed this morning on the two local bourses, while real estate firms improved.

The benchmark VN Index on the HCM Stock Exchange inched down 0.1 per cent to close at 567.43 points, while the HNX Index on the Ha Noi Stock Exchange was up 0.6 per cent to end at 78.74 points.

The property sector index rose 1.8 per cent, led by the largest stocks such as Vingroup JSC (VIC), Kinh Bac City Development Share Holding Corporation (KBC), FLC Group (FLC) and Tan Tao Investment Industrial JSC (ITA).

At the end of the morning, VIC and KBC jumped 3.3 per cent, FLC gained 2.5 per cent and ITA rose 1.8 per cent.

The market also received support from Bao Viet Holdings (BVH) and Vietcombank (VCB), which gained four per cent and 2.4 per cent, respectively.

However, the market was pulled down by other large stocks such as Masan Group (MSN), Vinamilk (VNM) and the Bank for Investment and Development of Vietnam (BID).

MSN fell 2.8 per cent, VNM dropped 1.6 per cent, and BID lost 2.4 per cent.

The stock market traded more than 85 million shares, worth VND1.38 trillion (US$61.4 million).

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