Blue chips support market

Wednesday, Jul 17, 2013 12:51

HA NOI (Biz Hub)- Gains by several large-cap shares continued to support the benchmark VN-Index this morning despite it sinking into the red for most of the trading.

On the HCM City Stock Exchange, the VN-Index rose 0.19 per cent to stand at 497.16 points, while the VN30 tracking the top 30 shares by market capitalisation and liquidity was up 0.39 per cent at 551.89 points.

Trading was still modest as just 27 million shares and fund certificates worth VND678 billion (US$32.3 million) were exchanged by the end of the morning.

Gainers included Kinh Bac City Development (KBC), up 3.9 per cent; Phu My Fertiliser (DPM), up 3 per cent; VinGroup (VIC), up 0.8 per cent; Masan Group (MSN), up 0.6 per cent; REE Corp (REE) and Eximbank (EIB), each up 0.7 per cent.

VIC was also the most active code this morning with more than 3.3 million shares changing hands at VND64,500 (US$3.07) a share.

On the Ha Noi Stock Exchange, the HNX-Index edged up just 0.1 per cent to 63.06 points with a sluggish turnover of VND96.3 billion ($4.6 million).

Sai Gon-Ha Noi Bank (SHB) is temporarily leading the market then trades of nearly 2 million shares exchanged at VND6,900 a share. - VNS

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