VN-Index climbs above 550 points

Friday, Dec 12, 2014 12:13

Blue chips led the rally on the HCM Stock Exchange on December 12. — File Photo

HA NOI (Biz Hub) – The VN-Index rebounded after plunging below the psychological level of 550 points, closing this morning up 0.24 per cent at 551.43 points.

Blue chips led the rally on the HCM Stock Exchange, as the VN30, which tracks the top 30 shares by market value and liquidity, increased 0.42 per cent to end at 607.32 points.

The market condition was positive, with 105 stocks gaining, 78 losing and 124 ending flat.

Liquidity waned, however, as the market value was just VND745 billion (US$35 million), nearly half the average daily value.

FLC Group (FLC) is leading the trading here, with 7.5 million of its shares at being exchanged at VND11,000 per share.

On the Ha Noi Stock Exchange, the HNX-Index inched down 0.06 per cent to close at 84.35 points, with a turnover of VND355.4 billion ($16.7 million).

KLF Joint Venture Global Investment Co (KLF), a subsidiary of the FLC Group, was the most active code in Ha Noi this morning, with 2.5 million of its shares being traded. Its share price rose 0.79 per cent to close at VND12,700 each.

The afternoon session will resume at 1pm. – VNS

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