Shares rise on improved liquidity

Thursday, Aug 15, 2013 12:23

On the HCM City Stock Exchange, the Vn-Index gained another 0.95 per cent to stand at 508.37 points.—Photo dtck

HA NOI (Biz Hub)— Liquidity improved this morning while both stock indices remained on an uptrend.

On the HCM City Stock Exchange, the Vn-Index gained another 0.95 per cent to stand at 508.37 points, while value of trades more than doubled yesterday morning's, reaching almost VND637 billion (US$30.3 million).

Blue chips continued to rise. The VN30 measuring the top 30 shares by market capitalisation and liquidity also climbed 0.58 per cent to 557.58 points.

Six shares saw trades of more than 1 million shares this morning, including large caps such as Hoang Anh Gia Lai Group (HAG), Ocean Group (OGC) and Kinh Bac City Development (KBC). All advanced 1.9-6 per cent.

Tan Tao Investment Industry (ITA) was the most active code on trades of 2.7 million shares, which changed hands at VND6,000 each.

On the Ha Noi Stock Exchange, without support of blue chips, the HNX-Index inched up just 0.09 per cent at 61.96 points while the value of trades remained modest at VND123.5 billion ($5.9 million).

Property developer Sacomreal (SCR) and Sai Gon-Ha Noi Bank (SHB) were the two most active, each trading more than three million shares.

SCR is being traded unchanged at VND6,400 a share while SHB fell 1.6 per cent to VND6,300 each. - VNS

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