Local shares gain in the morning session of January 6.— Photo tinnhanhchungkhoan.vn

HA NOI – Shares rebounded this morning on the HCM City Stock Exchange, propped up by bank stocks, after suffering a slump yesterday.

The VN-Index increased 0.31 per cent to end at 546.13 points, while the VN30, which tracks the top 30 shares by market value and liquidity, climbed 0.39 per cent to stand at 602.05 points.

Without positive information surrounding the banking industry, most of the bank stocks unexpectedly gained value this morning, including Vietcombank (VCB), Vietinbank (CTG), Military Bank (MBB) and BIDV (BID), as well as Eximbank (EIB) and Sacombank (STB), rising between 1.5 and 3.8 per cent.

Liquidity remained modest, with nearly 49 million shares worth VND799 billion (US$37.3 million) being traded by the end of the morning.

FLC Group (FLC) continued to be the most active code on the trading of three million shares, but the share price fell by 1.82 per cent to end at VND10,800 per share.

On the other end of the spectrum, the HNX-Index on the Ha Noi Stock Exchange inched down 0.05 points to close at 82.69 points, with a market value of VNDVND324.4 billion ($15.2 million).

Investment arm of the FLC Group, KLF Joint Venture Global Investment Co (KLF) was leading the trading here, with more than five million of its shares being exchanged. But the price dipped 0.92 per cent to stand at VND10,800 per share.

The afternoon session will start at 1pm. – VNS

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