The VN-Index surpassed the psychologial barrier of 500 points, gaining 0.47 per cent to stand at 501.83 by the end of the morning.—Photo vinacorp

HA NOI (Biz Hub)— Shares rebounded this morning on both exchanges, driven again by rises of familiar stocks, but trading remained sluggish due to investor caution.

The VN-Index surpassed the psychologial barrier of 500 points, gaining 0.47 per cent to stand at 501.83 by the end of the morning.

Many of the top 30 shares by market capitalisation and liquidity advanced this morning.

Gemadept (GMD) rose 2.3 per cent; Vinamilk (VNM) up 1.4 per cent; PetroVietnam Drilling and Well Services (PVD) up 1.8 per cent; Phu My Fertiliser (DPM) up 1.2 per cent; and Hoa Phat Group (HPG) ad FPT Corp (FPT) up 1 per cent each.

The VN30 also climbed 0.51 per cent to 552.87 points.

However, trading value remained low on the HCM City market, with only 17.6 million shares worth VND322.6 billion (US$15.4 million) changing hands. Nearly 60 per cent of the total trading focused on the VN30 shares.

FLC Group (FLC) continued to be the most active code this morning on trades of 2.16 million shares at the value of VND5,400 a share.

On the Ha Noi Stock Exchange, the HNX-Index edged up 0.13 per cent at 61.52 points but on a very low market value of VND72.2 billion ($3.4 million).

Only two shares had trades of over 1 million shares, including PetroVietnam Construction (PVX) and Kim Long Securities (KLS). While PVX were traded flat at VND4,000 a share, a KLS share was valued higher at VND8,400 each. - VNS