VNStockNews.com - Insurer Bao Viet Holdings (BVH) and food giant Masan Group (MSN) hit their ceiling prices this morning, rescuing the benchmark VN-Index from a fall, despite losers outnumbered gainers by 109-106.
On the HCM Stock Exchange, the VN-Index gained another 0.8 per cent over yesterday, finishing at 347.43 points.
Market value declined 16 per cent over Tuesday. Trade totalled VND420 billion (US$20 million), while the volume of today's trades decreased 20 per cent to 29 million shares.
Blue chips were mixed. BVH and MSN, Eximbank (EIB) and Sacombank (STB) posted gains of nearly 3 per cent while Phu My Fertiliser (DPM) was up 1.7 per cent. STB, with over 3.7 million shares changing hands, remained the most active code in HCM City.
Only property developer Vincom (VIC) slid, losing 3 per cent. Others closed unchanged.
On the Ha Noi Stock Exchange, after a brief rise yesterday, the HNX-Index slumped 0.48 per cent to finish this morning at 55.88 points. The value of today's trades decreased 15 per cent to VND202.2 billion ($9.6 million) on a volume of 24 million shares.
Decliners equalled advancers by 108-108, with half the losers hitting the floor.
Kim Long Securities (KLS) was the most heavily traded stock in Ha Noi with 2.36 million shares exchanged, closing 1.3 per cent higher at VND7,800.