Indexes rebound on low volume

The VN-Index gained 0.74 percent to close on Oct. 13 session at 457.7 points.
The VN-Index gained 0.74 percent to close on Oct. 13 session at 457.7 points.

Blue chips had an impact, with Bao Viet Holding (BVH) up 4.20 percent, VietinBank (CTG) 0.53 percent, the Corporation for Financing and Promoting Technology (FPT) 1.40 percent, Hoa Sen Group (HSG) 0.1 percent and the most daily active stock, Ocean Group (OGC), 2.03 percent, despite a meagre volume of 1.2 million shares.

Meanwhile, the trading volume of the market stayed low at 24.2 million shares worth 637.1 billion VND (32.7 million USD).

BVH was the highlight on Oct. 13. Foreigners bought 151,890 BVH shares, accounting for 85 percent of the share's trading.

The HNX-Index on the Hanoi Stock Exchange inched up 0.48 percent to 120.39 points, on a total volume of 16.9 million shares.

Trading remained lacklustre with only 370.1 billion VND (18.9 million USD) changing hands. PetroVietnam Construction (PVX) saw the biggest volume traded, with 2.05 million shares.

The Government late on Oct. 12 asked the State Bank to draw up a plan for commercial banks that would tighten money circulation, which would help ease inflation pressure and stabilise the economy by the end of the year./.

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