VN-Index advances, but liquidity remains low

Monday, May 11, 2015 12:36

On the HCM Stock Exchange, the VN-Index edged up 0.13 per cent to close at 555.24 points. — Photo ndh

HA NOI (Biz Hub) — Shares continued to advance this morning on the two exchanges, but the rise was modest as liquidity remained low.

On the HCM Stock Exchange, the VN-Index edged up 0.13 per cent to close at 555.24 points, while the VN30, which tracks the top 30 shares by market value and liquidity, increased 0.29 per cent to stand at 584.59 points.

Ocean Group (OGC) attracted the maximum attention this morning.

After seven days of heavy selling, its low price drew bargain investors, with nearly 18.7 million OGC shares being exchanged. It was the most active stock by the end of the morning session.

Its price continued to decline, however, ending at VND2,900 per share, down 3.33 per cent from Friday.

The overall liquidity was low, as more than 52 million shares, worth just VND603 billion (US$27.8 million), were traded by the end of the morning.

On the Ha Noi Stock Exchange, the HNX-Index inched up 0.09 per cent to finish at 80.37 points, with low value of just VND186 billion ($8.6 million).

The afternoon session will start at 1pm. — VNS

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