Stocks end mixed as liquidity falls

Wednesday, Jul 09, 2014 12:16

HA NOI (Biz Hub) — Shares continued to rise on the HCM City Stock Exchange this morning but liquidity fell due to profit-taking pressures.

The VN-Index inched up 0.11 per cent to end at 592.10 points and the VN30, which tracks the top 30 shares by market value and liquidity, was up 0.25 per cent to stand at 637.78 points.

More than 62 million shares worth nearly VND952 billion or US$45.1 million were traded by the end of the session, down around 20 per cent from yesterday morning's value.

The real estate FLC Group (FLC) was again the most active code with over 6.1 million shares being exchanged. The stock climbed 0.78 per cent to touch VND12,900 per share.

On the Ha Noi Stock Exchange, increasing selling pressures pushed the HNX-Index down slightly to reach 79.34 points.

A total of 201 stocks closed flat, while the gainers outnumbered the losers by just 80 to 71.

Liquidity was modest with almost 46 million shares, worth VND438 billion or $20.8 million, changing hands.

The real estate stocks dominated the trading on the northern bourse as three of the five most active codes were from this sector.

PetroVietnam Construction Corp (PVX) is temporarily leading the market with nearly 12 million shares, which were being traded at VND4,700 per share, up 4.4 per cent over yesterday's close.

Trading will resume at 1pm. — VNS

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