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Shares trade marginally in morning
Shares traded marginally on low liquidity on Thursday morning as investors remained cautious despite the US Federal Reserve’s decision to halt projections for any interest rate hikes.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange moved up 0.09 per cent to close at 1.003.22 points.
More than 84.7 million shares were exchanged on the southern bourse, worth VND1.6 trillion (US$68.5 million).
The blue-chip VN30 Index rose 0.01 per cent to 924.25 points.
Fifteen of the 30 largest stocks by market capitalisation ended in negative territory while eight increased. The other seven were flat.
After two days of policy meetings, the Fed announced it would keep interest rates stable because of signs of economic slowdown and falling inflationary pressures.
Media conglomerate Yeah1 Group (YEG) rebounded today after 12 consecutive losing sessions thanks to bottom purchasing power this morning.
YEG hit the daily limit rise of 7 per cent to trade at VND102,300 per share with trading volume of more than 800,000 shares.
On the Ha Noi Stock Exchange, the HNX-Index lost 0.17 per cent to end at 109.43 points.
Nearly 17.5 million shares were traded on the northern bourse, worth VND261 billion.
The afternoon trading session starts at 1pm.
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