Extra trading time lifts liquidity

Shares rose in Ho Chhi Minh City but retreated in Hanoi on July 22.
Shares rose in Ho Chhi Minh City but retreated in Hanoi on July 22.

On the HCM Stock Exchange, the VN-Index closed at 506.16 points, increasing nearly 0.5 percent compared to the previous session on July 19.

The VN30, tracking the city's 30 leading shares in terms of capitalisation and liquidity, also added 0.25 percent to 557.97 points.

The total trading value on the bourse climbed around 53 percent over the previous session to reach almost 1.4 trillion VND (66 million USD) on a volume of 54.4 million shares.

However, this higher level was mainly due to the time extension granted to the session on July 22, with shares now being traded until 3pm instead of 2.15pm .

On the Hanoi Stock Exchange, the HNX-Index lost 0.6 percent to 62.80 points. As only 17.7 million shares changed hands, trading value was just 139.2 billion VND (6.5 million USD), decreasing over 28 percent compared to the previous session.

Trading hours will be extended in Hanoi as from July 29.

The HNX30, composed of the northern exchange's top 30 stocks, shed 0.3 percent, standing at 118.88 points.-VNA

See more