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Shares rise but large-caps vary
Shares extended gains on Friday morning but the market still saw wide divergence among stock groups.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.03 per cent to close at 973.35 points.
The HNX-Index on the Ha Noi Stock Exchange climbed 0.25 per cent to end at 104.60 points.
The VN-Index had surged 1.32 per cent and the HNX-Index had risen 0.64 per cent on Thursday.
More than 87.4 million shares were traded on the two local exchanges, worth nearly VNĐ1.9 trillion (US$81 million).
Large-cap stocks saw differentiation and caused market indices to fluctuate. In particular, stocks such as FLC Faros Construction Joint Stock Company (ROS), brewery Sabeco (SAB), Vietcombank (VCB), Vinhomes (VHM) and Vingroup (VIC) all adjusted downward and put pressure on the general market.
VHM lost 1.4 per cent to VND83,800 per share. SAB lost 1.1 per cent to VND276,000 per share. ROS fell 1.3 per cent to VND29,400 per share.
On the other side, gainers such VPBank (VPB), Vincom Retail (VRE), Bank for Investment and Development (BID) and Bao Viet Holdings (BVH) all rallied and supported the market indices.
The VN30-Index decreased by 0.03 per cent to close at 879.48 points.
Afternoon trading starts at 1pm.
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