Indices resistance stalls markets
Shares gained in value in HCM City but lost ground in Hanoi on December 20.
Shares gained in value in HCM City but lost ground in Hanoi on December 20.
The value of trades on the HCM Stock Exchange totalled 1.13 trillion VND (53.8 millionUSD), jumping 20.3 percent from Dec. 19's level. Trading volume also increased to nearly 83 million shares.
Closing the session, the VN-Index advanced 0.27 percent to 399.68 points.
The VN30, composed of the southern bourse's 30 leading shares in terms of capitalisation and liquidity, edged up 0.26 percent to 468.32 points, although losers overwhelmed gainers by 19-9.
Among the rising stocks, insurer Bao Viet (BVH), Vietinbank (CTG), food processor Masan (MSN) and construction firm Becamex (IJC) reached their ceiling prices.
Meanwhile, on the Hanoi Stock Exchange, the HNX-Index failed to follow the previous day's rally, tumbling 1.1 percent to 54.32 points as losers outnumbered gainers by 130-73.
Although liquidity remained positive, the index was pulled down by increasing pressure to sell.
Market value and volume fetched 422.8 billion VND (20 million USD) and 70.8 million shares, respectively.
The HNX30, tracking the performance of Hanoi's top shares, also retreated 2.12 percent to reach 101.19 points.-VNA
The value of trades on the HCM Stock Exchange totalled 1.13 trillion VND (53.8 millionUSD), jumping 20.3 percent from Dec. 19's level. Trading volume also increased to nearly 83 million shares.
Closing the session, the VN-Index advanced 0.27 percent to 399.68 points.
The VN30, composed of the southern bourse's 30 leading shares in terms of capitalisation and liquidity, edged up 0.26 percent to 468.32 points, although losers overwhelmed gainers by 19-9.
Among the rising stocks, insurer Bao Viet (BVH), Vietinbank (CTG), food processor Masan (MSN) and construction firm Becamex (IJC) reached their ceiling prices.
Meanwhile, on the Hanoi Stock Exchange, the HNX-Index failed to follow the previous day's rally, tumbling 1.1 percent to 54.32 points as losers outnumbered gainers by 130-73.
Although liquidity remained positive, the index was pulled down by increasing pressure to sell.
Market value and volume fetched 422.8 billion VND (20 million USD) and 70.8 million shares, respectively.
The HNX30, tracking the performance of Hanoi's top shares, also retreated 2.12 percent to reach 101.19 points.-VNA
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