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VN shares end mixed
Vietnamese shares ended mixed on the two local bourses this morning, while financial firms lifted the market.
The benchmark VN Index on the HCM Stock Exchange inched up 0.1 per cent to close at 570.76 points, while the HNX Index on the Ha Noi Stock Exchange dropped 0.5 per cent to end at 78.03 points.
Banks made gains, such as Vietcombank (VCB) that added 0.5 per cent, Vietinbank (CTG) that rose 0.6 per cent, and Sacombank (STB), which jumped 2.4 per cent.
Insurance and brokerage firms also rose and supported the market. Insurance firm Bao Viet Holdings (BVH) increased by one per cent and Sai Gon Securities Incorporate (SSI) gained 0.5 per cent.
Other stocks also helped to improve the market. Hoang Anh Gia Lai JSC (HAG) jumped 3.1 per cent and was the most active stock, with nearly 2.8 million of its shares being traded.
However, local energy stocks continued to suffer from lower global oil prices. The energy stock index fell 0.8 per cent this morning, led by PetroVietnam Drilling and Well Services Corporation (PVD), which dropped two per cent.
Vingroup JSC (VIC) also declined and dragged down the market. VIC fell 1.1 per cent this morning.
The stock market saw more than 54.7 million shares being traded this morning, worth nearly VND819 billion (US$36.4 million).
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