Blue chips continue to support market

Friday, Jul 25, 2014 12:29

Shares extended their rally on the HCM Stock Exchange this morning, with the benchmark VN-Index adding 3.16 points to stand at 605.22 points.— Photo vietstock.vn

HA NOI (Biz Hub) — Shares extended their rally on the HCM Stock Exchange this morning, with the benchmark VN-Index adding 3.16 points to stand at 605.22 points.

The gains made by blue chips supported the market as the VN30, which tracks the top 30 shares by market value and liquidity, was up 0.30 per cent to close at 648.61 points.

The market condition was negative, however, as the losers outnumbered the gainers by 94 to 88. The other 122 codes closed flat.

The market volume was modest at 50 million shares, worth over VND900 billion (US$42.7 million).

FLC Group (FLC) continued to lead the market, with nearly 9 million shares being traded at VND12,500 per share.

On the Ha Noi Stock Exchange, the HNX-Index lost 0.14 per cent to end at 80.31 points, as the losers narrowly outnumbered the gainers by 77 to 72. Half of the total codes closed unchanged.

Trading was sluggish as the market volume reached just 20 million shares, worth VND356.35 billion ($12.6 million).

PetroVietnam Construction Corp (PVX) remained the most active code, with the trading of 2.3 million shares at VND4,500 per share.

The afternoon session will begin at 1pm. — VNS

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