HA NOI (Biz Hub)- Shares fluctuated throughout the morning, but managed to close higher because of rises in selective large-cap stocks.

On the HCM City Stock Exchange, the decliners doubled the advancers, but the benchmark VN-Index still edged up 0.06 per cent to hit 488.83 points.

Contributors to the uptrend were PV Gas (GAS), which jumped 1.6 per cent to VND64,500 (US$3.07) a share; VinGroup (VIC), up 0.8 per cent at VND62,500 ($2.98); and dairy giant Vinamilk (VNM), up 0.7 per cent to VND143,000 ($6.81).

Sacombank (STB) had a whopping 14.6 million shares traded through negotiations at the ceiling price of VND18,200 a share worth a total VND267 billion ($12.7 million). However, STB shares were being traded at a lower price of VND16,900 on the exchange.

Many of the 30 largest shares by market capitalisation and liquidity shed value, driving the VN30 down 0.32 per cent at 540.02 points.

Trading improved slightly over yesterday, with the market value reaching VND534 billion ($25.4 million) on a volume of 29.2 million shares.

On the Ha Noi Stock Exchange, the HNX-Index decreased 0.63 per cent to close at 61.2 points.

Value of trades tended to decrease, reaching just VND46.2 billion ($2.2 million) by the end of the morning.

Newly-listed FIT Investment Co (FIT) continued to be the most active share on the Ha Noi bourse with nearly 1 million shares traded at VND13,100 a share.