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Vinamilk, PV Gas lift VN-Index
The VN-Index rebounded following a three-day loss, up 0.5 per cent, at 943.1 points, on Friday morning on the HCM Stock Exchange.
The market opened in the negative zone in early trading, however the recovery of major blue chips lifted the index by the end of the morning.
The largest listed stock, Vinamilk (VNM), increased 2.7 per cent and PV Gas (GAS) grew 1.4 per cent.
Overall, 15 of the top 30 largest shares by market value and liquidity gained value and 13 declined.
Significant gainers also included insurer Bao Viet Holdings (BVH), Masan Group (MSN), Mobile World Group (MWG), Novaland Investment Group (NVL) and FLC Faros Construction (ROS).
On the negative side, many blue chips continued on the downtrend trend, such as brewer Sabeco (SAB), Vietcombank (VCB), Coteccons Construction (CTD) and steelmaker Hoa Phat Group (HPG), all falling by over one per cent.
In contrast, the HNX-Index on the Ha Noi Stock Exchange was down 0.4 per cent at 114.07 points.
A total of 141 million shares worth a combined VND3.2 trillion (US$140.4 million) were traded on the two markets by the end of morning trade.
Afternoon trade starts at 1pm.
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