National stocks close out in the green

Shares on November 11 reversed losses on the previous day to add value on both exchanges.
Shares on November 11 reversed losses on the previous day to add value on both exchanges.

On the Ho Chi Minh Stock Exchange, the VN-Index finished at 604.23 points, up 0.35 percent.

However,the VN30 Index, tracking the 30 leading stocks in capitalisation andliquidity, fell 0.08 percent to 642.02 points after advancing 0.02percent on November 10.

Among the 30 shares, losers outnumberedgainers by 15 to 10. Trading value declined 14 percent to 2.5 trillionVND (117.9 million USD) on a volume of 136.6 million shares, which felljust 1.6 percent.

On the Hanoi Stock Exchange, the HNX-Index rose0.39 percent to 89.86 points. Transaction value climbed 17 percentcompared to the previous session to over 1.15 trillion VND (54.2 millionUSD).

The HNX30 Index, composed of Hanoi's top shares, gained 0.67 percent to close at 181.83 points.

Thestocks with highest trading volume were real estate firms FLC Group(FLC), Tan Tao (ITA) and Kinh Bac Urban City (KBC) and retailer KLFInvestment (KLF). For the latter, shares traded were worth 24.9 percentof the company's charter capital.

"Investors tended towardsmid-cap stocks," said Saigon Securities Inc's Nguyen Duc Hung Linh,adding that KLF, FLC and financial services provider FIT Investment(FIT) had recently been favoured.

"The rally in the short termhas not been affirmed yet, and profit-taking will increase as theindexes approach their resistances," he said.-VNA

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