HA NOI (Biz Hub) — Shares advanced on both the stock exchanges this morning as investors bought more because of the positive market outlook.
On the HCM Stock Exchange, the VN-Index rose 0.15 per cent to stand at 605.16 points. The VN30, which tracks the top 30 shares with the highest market value and liquidity, also climbed 0.31 per cent to close at 647.16 points.
Meanwhile, the HNX-Index on the Ha Noi Stock Exchange added 0.94 per cent to end at 83.01 points.
Liquidity soared as nearly 134 million shares, worth a combined VND3.59 trillion (more than US$170 million), were traded on the two exchanges by the end of the morning.
Around 11.4 million shares of dairy giant Vinamilk (VNM), worth over VND1.4 trillion ($66.4 million), were exchanged through put-through transactions this morning. These shares are expected to be purchased by F&N Dairy Investment Pte Ltd, as the company registered last week to buy 15 million VNM shares between August 15 and September 13.
VNM's price fell 0.86 per cent to stand at VND115,000 ($5.45) per share.
The afternoon trading will resume at 1pm. — VNS