FPT is among losers on the Wednesday's morning trade. Both stock indices struggled to end on positive note despite slump of large caps. — Photo bizlive.vn
Shares struggled to end Wednesday morning on a positive note on both local exchanges, but large-cap stocks were hit by investors’ profit-taking.
The benchmark VN Index inched up 0.06 per cent, closing at 881.41 points after dropping as much as 0.5 per cent in the early morning session.
The southern market index had rallied total 5.7 per cent in the previous eight sessions.
The HNX Index on the Ha Noi Stock Exchange gained 0.04 per cent to finish at 107.11 points, narrowing its gain after having risen as much as 0.6 per cent.
The northern market index had grown total 2.1 per cent in the previous five sessions. More than 122.3 million shares were traded on the two exchanges, worth VND3.88 trillion (US$172.7 million).
The market trading condition was balanced with 187 gaining stocks, 204 declining ones and 103 others ending flat.
The large-cap stock group was mixed, as the number of gaining stocks was slightly higher than the declining ones (16 to 12).
Among gainers were logistics firm Gemadept (GMD), IT group FPT Corp (FPT) and DHG Pharmaceutical JSC (DHG).
On the other side, PetroVietnam Drilling and Well Services (PVD), consumer goods producer Masan (MSN) and insurance-finance group Bao Viet Holdings (BVH) were among the large-cap stocks that declined.
The afternoon trade session starts at 1pm. — VNS