Stocks recovered on February 4’s afternoon session, led by blue chips.

The benchmark VN-Index on the Hochiminh Stock Exchange gained nearly 4 points, or 0.71 percent, to close at 561.45 points.

Eleven of the top 30 shares by market value and liquidity improved while nine declined. The VN30 rose 0.57 percent to end at 588.83 points.

The market condition was neutral with 104 codes rising, 108 tumbling and 96 closing flat.

Liquidity was little changed compared with the previous session, totaling more than 100 million shares worth 1.56 trillion VND (nearly 73 million USD).

On the Hanoi Stock Exchange, the HNX-Index also grew 0.77 percent to finish at 83.20 points thanks to oil and gas stocks.

Stocks on the northern exchange, including PetroVietnam Technical Services Corp (PVS), PetroVietnam Northern Gas (PVG), PetroVietnam Drilling Mud (PVC) and Petro VietnNam Coating (PVB), gained value.
Liquidity fell as both market volume and value dropped 20 percent from a day ago, reaching 35.7 million shares worth 432 billion VND (20.2 million USD).

Foreign investors were mixed on the day. They continued to sell a net value of 9.36 billion VND (437,400 USD) worth of shares in the Ho Chi Minh City market while returning to be net buyers on the Hanoi market with a pick-up of 6.11 billion VND (285,500 USD) worth of shares.-VNA