VN-Index slightly edges up

Vietnam’s benchmark VN-Index inched up on March 28, however, liquidity on the trading floor was low as investors remained cautious.

The gauge of 282 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange rallied 0.39 percent, or 1.78 points, to finish at 459.52 points.

Of the index members, 90 increased, 109 declined, while 88 remained unchanged.

Trading volume on the city bourse dropped by 11 percent in volume and 6 percent in value over the previous trading session as nearly 25 million shares changed hands at a value of VND544 billion.

Saigon Securities Inc. (SSI), the country’s largest brokerage, led the list of most active shares in volume with nearly 1.34 million shares changing hands.

Sai Gon Thuong Tin Joint Stock Commercial Bank or Sacombank (STB) followed with 1.33 million shares.

Vietnam Joint Stock Commercial Bank for Industrial and Trade or Vietinbank (CTG) finished third with 834,290 shares.

PetroVietNam Low Pressure Gas Distribution Joint Stock Company (PGD) dashed forward 4.96 percent to VND38,100.

SPM Joint Stock Company (SPM) built up 4.81 percent to VND54,500.

Viky Plastic Joint Stock Company (VKP) climbed for four consecutive days, enriching 4.76 percent to VND4,400.

Hoang Long Group (HLG) snapped its six-day winning streak, paring 4.95 percent to close at VND9,600.

Long Hau Corporation (LHG) sank 4.94 percent to close at VND38,500 after treading water for five straight days.

House Vietnam Joint Stock Company (NVN) split 4.9 percent to close at VND23,300.

The smaller in the north also opened week in light note as the Hanoi’s HNX-Index rose 0.27 percent, or 0.25 points, to close at 93.07 points. Trading volume significantly reduced over the previous trading session as around 28.2 million shares worth VND412 billion changed hands.

Meanwhile, the UPCoM-Index of unlisted shares dumped 0.62 points to 37.82 points this morning. Trading volume reached 245,600 shares changed hands at a value of VND2.32 billion.

By Que Chi

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