Shares make gains at the end of session
Vietnamese share were mostly unchanged on Tuesday morning, with indices increasing towards the end of the session.
Vietnamese share were mostly unchanged on Tuesday morning, with indices increasing towards the end of the session.
The benchmark VN-Index on the HCM Stock Exchange was up 0.31 per cent to close at 913.96 points. It gained 0.22 per cent on Monday.
The HNX Index on the Ha Noi Stock Exchange added 0.02 per cent to end at 103.14 points, extending its growth of 0.39 per cent on Monday.
Market trading liquidity remained low with more than 93 million shares being traded on the two local exchanges, worth VND1.8 trillion (US$78 million).
The banking, property and retail sectors were the two best-performing industries on Tuesday morning.
Large-cap stocks underperformed as the blue-chip VN30 Index slipped 0.06 per cent to 903.62 points.
Towards the end of the trading session, the blue-chips made a strong reversal with property developer Vingroup (VIC), Techcombank (TCB), JSC Bank for Investment and Development of Vietnam (BID) and steel maker Hoa Phat Group (HPG) increasing.
VN30 basket’s three new members of VPBank (VPB), Vincom Retail (VRE) and jewelry producer Phu Nhuan (PNJ) were among the best performers, up at least 3 per cent.
Two real estate developers, Dat Xanh Group JSC and LDG Investment Joint Stock Company, also made strong gains. Notably, LDG hit the daily limit rise of 7 per cent.
The afternoon trading session starts at 1pm. — VNS
