Shares crawl back on cautious trading

Friday, Aug 16, 2013 12:04

On the HCM City Stock Exchange, the VN-Index inched up just 0.26 per cent at 509.56 points despite negative opening.—Photo doanhnhansaigon

HA NOI (Biz Hub)- Shares were mixed this morning on the two national exchanges as investors resumed their familiar cautious trading.

On the HCM City Stock Exchange, the VN-Index inched up just 0.26 per cent at 509.56 points despite negative opening.

While the market condition was farily neutral with 85 shares rising, 83 declining and 138 not changing, the rise was boosted by gains of several blue chips.

Development Investment Construction (DIG) and Kinh Bac City Development were the biggest gainers, rising 5.9 per cent and 5.6 per cent, respectively. REE Corp (REE) climbed over 2.3 per cent while PV Gas (GAS) and Bao Viet Holdings (BVH) also advanced by 0.5-0.9 per cent

The VN30 tracking the top 30 shares by market capitalisation and liquidity was up 0.15 per cent at 559.90 points.

By the end of the morning, nearly 36 million shares worth VND555.5 billion (US$26.5 million) were exchanged. With 3.15 million shares traded, Tan Tao Investment Industry (ITA) remained the most active code.

On the Ha Noi Stock Exchange, sluggish trading drove the HNX-Index down 0.11 per cent at 62.26 points.

Just around 10 million shares worth VND88.3 billion ($4.2 million) changed hands. Only three codes saw trades of over 1 million shares and Sai Gon-Ha Noi Bank (SHB) became the most active with 1.4 million exchanged at VND6,300 a share.

The decliners outnumbered the advancers by 60-47 and other 270 shares closed flat. — VNS

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