Shares rebound north and south

Friday, Jul 19, 2013 12:45

HA NOI - Shares rebounded this morning on the two stock exchanges, but trading remained modest following a wait-and-see attitude by investors.

On the HCM City Stock Exchange, the VN-Index again surpassed the 500-point landmark, rising 0.95 per cent to 501.56 points on a trading value of VND753.5 billion (US$35.9 million).

Pillars of the market, including Vinamilk (VNM), Masan Group (MSN) and Bao Viet Holdings (BVH), all climbed from 1.6-2.8 per cent, lifting the VN30 tracking the top 30 shares by market capitalisation and liquidity up 0.78 per cent to 554.94 points.

Other blue chips, such as Vietcombank (VCB), Military Bank (MBB), Ocean Group (OGC) and REE Corp (REE) increased from 0.4-1.5 per cent.

VinGroup (VIC) continued to lead market trades with 2.85 million shares exchanged at VND63,500 a share.

On the Ha Noi Stock Exchange, the HNX-Index also added 0.25 per cent to close the morning's session at 63.13 points, but the market value continued to decline to VND84 billion ($4 million).

The market condition was neutral with 70 shares rising, 60 decreasing and 255 closing flat.

FLC Group (FLC) was the most active share. A total of 2.17 million shares changed hands at VND5600 each. — VNS

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