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VN stocks end mixed, while MBB lifts markets
Vietnamese shares ended mixed this morning on the two local bourses, while Military Bank advanced to lift the markets.
The benchmark VN Index on the HCM Stock Exchange gained 0.3 per cent to close at 554.12 points, while the HNX Index on the Ha Noi Stock Exchange inched down 0.1 per cent to end at 77.92 per cent.
The banking sector slightly improved, led by Military Bank (MBB), which leaped 2.7 per cent after the bank announced this morning that foreign investors would be able to increase their capital in the bank.
The energy sector remained the major factor that lifted the markets after recent rallies in global oil prices.
PetroVietnam Gas Corporation (GAS) rose 1.9 per cent, PetroVietnam Coating Corporation (PVB) jumped 4.1 per cent and PetroVietnam Mud Drilling Corporation (PVC) gained 1.5 per cent.
The markets were also boosted by insurance firm Bao Viet Holdings (BVH), which added 1.6 per cent, and Hoang Anh Gia Lai Agricultural JSC (HNG), which surged six per cent.
However, the property sector pulled down the two markets, led by Vingroup JSC (VIC), which fell 1.3 per cent.
The two local exchanges traded more than 135 million shares, worth VND1.72 trillion (US$76.4 million).
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