Vietnamese shares close in the Green

Friday, Jun 21, 2013 12:48

The benchmark VN-Index closed slightly higher at 499.66 points, up 0.03 per cent over yesterday's close, but blue chips slumped, dragging the VN30 down 0.06 per cent to 554.65 points.— Photo vnexpress

HA NOI (Biz Hub) — Shares managed to close in the green this morning despite decliners outnumbering gainers by 114-69 on the HCM City Stock Exchange.

The benchmark VN-Index closed slightly higher at 499.66 points, up 0.03 per cent over yesterday's close, but blue chips slumped, dragging the VN30 (tracking the top 30 shares by market capitalisation and liquidity) down 0.06 per cent to 554.65 points.

Trading continued to slide, reaching nearly 33 million shares worth VND535 billion (US$25.5 million).

Today is the last day for two exchange-traded funds, Market Vector Vietnam ETF and FTSE Vietnam UCITS, to conclude their portfolio structuring. Their new portfolios will start operation on Monday.

In the past seven sessions, the foreign sector was responsible for a combined net sell of up to VND800 billion ($38.1 million) worth of shares on the HCM City exchange, which made the VN-Index slide from 527 points to below 500 points.

Hoang Quan Consulting Trading Service Real Estate Corp (HQC) is temporarily leading the southern market with nearly 2.3 million shares changing hands at VND7,100 a share.

On the Ha Noi Stock exchange, the HNX-Index sank in the red, losing 0.53 per cent to finish the morning at 64.19 points.

Trading was sluggish with 18.6 million shares worth more than VND144 billion ($6.9 million) exchanged.

Property FLC Group (FLC) continued to be the most active code this morning on trades of over 3 million shares at VND7,000 each. - VNS


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