VN stocks inch up amid rising caution

15:31 | 30/10/2020
Vietnamese shares hobbled up on Friday morning, driven by several blue chips in the large-cap sector but caution still persisted on a wide range.
vn stocks inch up amid rising caution
Brokers at KB Securities. The Vietnamese stock market made weak gains on Friday morning amid rising caution.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange inched up 0.12 per cent to 920.15 points.

The index had fallen total 4.39 per cent in the previous four trading days.

The market was boosted by a few large-cap stocks in the VN30 basket, but the large-cap tracker slid 0.09 per cent in the morning.

HDBank (HDB), conglomerate Vingroup (VIC), retailer Mobile World Investment (MWG), and Phu Nhuan Jewellery JSC (PNJ) were the four best-performing blue chips.

HDBank and Vingroup shares gained 2.5 per cent and 2.3 per cent, respectively, while MWG and PNJ were up 1.2 per cent and 1 per cent.

Attention was also paid to mid-cap and small-cap stocks, which lifted the two trackers up 0.41 per cent and 0.49 per cent.

On the Ha Noi Stock Exchange, the HNX-Index rose 0.53 per cent to 135.08 points.

The northern market index increased by 0.25 per cent on Thursday.

More than 141.6 million shares were traded on the two exchanges, worth VND2.67 trillion.

The afternoon trading session starts at 1pm.

VNA

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