Shares mixed on two exchanges

October 12, 2017 | 16:26

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Shares moved in the opposite direction on the two stock exchanges on Thursday morning as large-cap stocks continued to widen divergence.

Shares are mixed on the two stock exchanges on Thursday morning. - Photo cafef.vn

On the HCM Stock Exchange, the VN-Index increased 0.33 per cent to close at 816.67 points. Meanwhile, the HNX-Index on the Ha Noi Stock Exchange edged down 0.35 per cent to 108.27 points.

Large-cap stocks continued to be a major supporter on HCM City’s bourse with 18 of the top 30 largest shares by market value and liquidity advancing and 10 declining.

Banks also extended gains.

Except for Vietcombank (VCB) which was down 0.3 per cent, the other six listed lenders gained value, of which VPBank (VPB) was the largest gainer with a growth of 1.9 per cent. Vietinbank (CTG), Military Bank (MBB) and BIDV (BID) rose by less than one per cent each.

Besides banks, large companies in the food-beverage and retail sectors also advanced, including Vinamilk (VNM), brewer Sabeco (SAB), FPT Corp (FPT) and Mobile World Group (MWG).

Meanwhile, all three listed banks on Ha Noi’s exchange slumped between 0.3 and 1.4 per cent each.

The HNX30 Index tracking the top 30 largest shares by market value and liquidity on the northern bourse also decreased 0.31 per cent.

Liquidity declined sharply with just 96.3 million shares worth VND2.1 trillion (US$91.8 million) being traded on the two markets.

The afternoon session starts at 1pm.

VNA

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