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VN-Index extends gains on blue chip support
The VN-Index edged up 0.14 per cent to 787.95 points on Wednesday morning, boosted by the growth of some heavyweight large-cap stocks.
Half of the top 30 largest shares by market value and liquidity on the HCM Stock Exchange advanced, including leading firms such as Vinamilk (VNM), Petrolimex (PXL), Sabeco (SAB) and Mobile World Group (MWG), as well as FPT Corp (FPT) and PetroVietnam Drilling and Wells Service (PVD).
Shares were mixed. BIDV (BID) and Vietinbank (CTG) increased 2.3 per cent and 1.8 per cent, respectively, but Vietcombank (VCB) and Military Bank (MBB) were down by less than one per cent each.
Overall market condition was negative, with 149 stocks declining, 108 advancing and 84 remaining unchanged.
By contrast, the HNX-Index on the Ha Noi Stock Exchange slipped 0.32 per cent to 101 points, with 114 shares falling, 67 rising and 186 closing flat.
A total of 166.6 million shares worth a combined VND2.8 trillion (US$123.3 million) were traded on the two markets.
Afternoon trade starts at 1pm.
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