Shares end mixed in early trading

Tuesday, Sep 15, 2015 12:52

HA NOI (Biz Hub) – Vietnamese shares on the two local bourses ended mixed this morning over increasing market supply.

The VN Index on the HCM Stock Exchange gained 0.2 per cent to close at 563.49 points.

The HNX Index on the Ha Noi Stock Exchange, however, dropped 0.5 per cent to finish at 76.42 points.

The BIDV (BID) lifted the market by gaining 6.7 per cent, extending its rise after the United States-based investment fund Market Vector VNM ETF decided to buy more BID shares.

BID was also the most active stock on the market, with nearly 8.9 million of its shares being traded, including 73 per cent being bought by foreign investors.

Other large shares such as Vietinbank (CTG), HCM Securities (HCM) and Saigon Securities Inc (SSI) also made gains to boost the market.

CTG and BID were also the only two among nine banks on the stock market that made gains.

Energy firms also had a positive trading session. Petrovietnam Gas Corp (GAS), Petrovietnam Coating Co (PVB) and Drilling Mud Corp (PVC) were up 0.6 per cent, 1.4 per cent and 4.2 per cent, respectively.

Both local bourses traded more than 62 million shares, worth VND1.1 trillion (US$49.4 million). – VNS

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