Shares managed to close higher on both national stock exchanges in theafternoon session of May 26, but trading remained modest as investorswere cautious about the market outlook.
On the Hochiminh StockExchange, the VN-Index increased 0.47 percent to end at 544.06 points,with gainers outnumbering losers by 141-68.
Blue chips were mixed as half of the top 30 shares by market value rose but nine declined and six were flat.
The VN30 inched up 0.32 percent to 596.24 points.
Thegainers included Masan Group (MSN), Bao Viet Holdings (BVH),Vietcombank (VCB) and Gemandept but other heavyweight stocks such asVinamilk (VNM), Vietinbank (CTG), Phu My Fertiliser (DPM), FPT Corp(FPT) and Hoang Anh Gia Lai Co (HAG) plunged.
Market volume waslittle changed from the previous session, totaling nearly 86 millionshares, while the value of trades increased 10 percent to almost 1.2trillion VND (56.9 million USD).
Real estate FLC Group (FLC) wasthe most active stock on the southern exchange with nearly 12 millionshares, advancing 6.7 percent to end at 11,100 VND a share.
Onthe Hanoi Stock Exchange, the HNX-Index also added 0.41 percent to closeat 74.88 points, sustained by the solid rally of HCM City's market.
The market condition was positive with 110 shares rising, 69 falling and 188 closing flat.
Blue chips here also gained, with the HNX30 climbing 0.3 percent to 148.59 points.
Tradingwas sluggish, however, as market volume was down 30 percent from May23, totaling over 41 million shares worth 355.2 billion VND (16.8million USD).
Sacomreal (SCR) was the most active share on May 26 on trades of 5.85 million shares, closing flat at 8,300 VND a share.
Accordingto stock analysts, the market is likely to fluctuate in the comingsessions as the VN-Index approaches its short-term resistance level.Many sellers stopped unloading shares at low prices.
Even foreigninvestors reduced their buys. They were net buyers on the HCM Cityexchange on May 26, but only purchased 37.77 billion VND (1.8 millionUSD) worth of shares, a significant decrease from the previous net valueof hundreds of billions of dong per session.
They were net sellers on the Hanoi bourse, unloading shares worth more than 8.81 billion VND (41,800 USD).-VNA
On the Hochiminh StockExchange, the VN-Index increased 0.47 percent to end at 544.06 points,with gainers outnumbering losers by 141-68.
Blue chips were mixed as half of the top 30 shares by market value rose but nine declined and six were flat.
The VN30 inched up 0.32 percent to 596.24 points.
Thegainers included Masan Group (MSN), Bao Viet Holdings (BVH),Vietcombank (VCB) and Gemandept but other heavyweight stocks such asVinamilk (VNM), Vietinbank (CTG), Phu My Fertiliser (DPM), FPT Corp(FPT) and Hoang Anh Gia Lai Co (HAG) plunged.
Market volume waslittle changed from the previous session, totaling nearly 86 millionshares, while the value of trades increased 10 percent to almost 1.2trillion VND (56.9 million USD).
Real estate FLC Group (FLC) wasthe most active stock on the southern exchange with nearly 12 millionshares, advancing 6.7 percent to end at 11,100 VND a share.
Onthe Hanoi Stock Exchange, the HNX-Index also added 0.41 percent to closeat 74.88 points, sustained by the solid rally of HCM City's market.
The market condition was positive with 110 shares rising, 69 falling and 188 closing flat.
Blue chips here also gained, with the HNX30 climbing 0.3 percent to 148.59 points.
Tradingwas sluggish, however, as market volume was down 30 percent from May23, totaling over 41 million shares worth 355.2 billion VND (16.8million USD).
Sacomreal (SCR) was the most active share on May 26 on trades of 5.85 million shares, closing flat at 8,300 VND a share.
Accordingto stock analysts, the market is likely to fluctuate in the comingsessions as the VN-Index approaches its short-term resistance level.Many sellers stopped unloading shares at low prices.
Even foreigninvestors reduced their buys. They were net buyers on the HCM Cityexchange on May 26, but only purchased 37.77 billion VND (1.8 millionUSD) worth of shares, a significant decrease from the previous net valueof hundreds of billions of dong per session.
They were net sellers on the Hanoi bourse, unloading shares worth more than 8.81 billion VND (41,800 USD).-VNA
