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Vietnam Business » Vietnam Stock Market News » Shares bounce back on sluggish trading

Shares bounce back on sluggish trading

On the HCM City Stock Exchange, the VN-Index climbed 1.15 per cent to close at 450.96. The bourses volume decreased by 34 per cent, while more than 33.2 million shares worth VND839.9 billion (US$43.1 million) traded hands. Advancers outnumbered decliners by 131-72.

Viet Nams two benchmark stock indices bounced back during the final minutes of todays session on the nations two stock exchanges.

A majority of the exchanges blue chips increased in value. Of the 10 largest capitalised shares, Vietinbank (CTG), Eximbank (EIB), Hoang Anh Gia Lai (HAG), Hoa Phat Group (HPG), FPT Corp (FPT), Phu My Fertiliser (DPM), Vincom (VIC) and Bao Viet Holdings (BVH) posted gains, of which the latter rose to its ceiling price.

Only Sacombank (STB) and Masan Group (MSN) closed unchanged.

Ocean Group (OGC) continued to be the most actively traded stock on the southern bourse with 1.6 million shares changing hands. OGC rose by 2.32 per cent to close at VND30,800 ($1.58) per share.

On the Ha Noi Stock Exchange, the HNX-Index also advanced by 0.91 per cent to close at 122.02.

Market volume declined by 29 per cent over yesterdays level to 31.33 million shares, while the bourses trading value dropped by nearly 23 per cent to VND720.3 billion ($36.9 million).

Gainers outnumbered decliners by 171-96.

However, blue chips tumbled with six of the 10 largest capitalised shares declining in value. Asia Commercial Bank (ACB), Kim Long Securities (KLS), SHB Securities (SHS) and Sai Gon-Quy Nhon Mining (SQC) remained unchanged.

PetroVietnam Construction (PVX) continued to be the most active share nationwide with 3.44 million shares changing hands. PVX lost 0.45 per cent to close at an average of VND21,900 ($1.12) per share.

Vietnam Business And Financial News Network. Source [en.vietstock.vn]

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