VN30 businesses dominate stock market trades

Saturday, Jul 27, 2013 12:42

HCM CITY (biz Hub)— HCM City's VN30 (ranked by market capitalisation and liquidity) made up nearly 60 per cent of the market's total trades, with investors showing an appetite for large-cap shares.

The top 30 companies reported positive business results with an average return on assets (ROA) of 7.47 per cent, 5.22 per cent above the market average. Return on equity (ROE) averaged nearly 16 per cent against a poor market trend of -3.72 per cent.

Professional services accounted for 45.75 per cent of the VN30 basket, followed by manufacturing, processing and property development.

Market capitalisation totalled VND556.4 trillion (US$26.5 billion) by close of June.-VNS

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