Bourses get slight boost

The VN-Index on the HCM exchange edged up 0.14 percent to finish at 465.72 points on February 27.
The VN-Index on the HCM exchange edged up 0.14 percent to finish at 465.72 points on February 27.

Trading value decreased 33.5 percent from the previous session, totalling 978 billion VND (46.8 million USD).

Gains of heavyweight shares such as Vietinbank (CTG), dairy giant Vinamilk (VNM) and property developer VinGroup (VIC) lifted the index.

However, as half of the top 30 shares on the bourse slid, the VN30 tracking these shares also declined, going down 0.2 percent to close at 535.86 points.

Tan Tao Investment Industry (ITA) was the most active code with more than 10 million shares changing hands, but it still fell 6.33 percent to 7,400 VND a share.

On the Hanoi Stock Exchange, the HNX-Index also rose 0.97 percent to close at 62.61 points on a turnover of over 501 billion VND (24 million USD).

PetroVietnam Construction (PVX) led the market with total trades of 13.3 million shares, closing at 6,100VND, off 3.2 percent from the previous session.

Foreign investors concluded the session as net sellers on both exchanges, unloading a combined40 billion VND (1.9 million USD) worth of shares.-VNA

See more