Shares rise despite low liquidity
On the Hochiminh Stock Exchange, the VN-Index gained 0.19 percent or 1.1 points to close at 570.46 points.
The
trading volume and value continued to show a decline over the previous
sessions with roughly 56.7 million shares traded, 20 percent lower than
the value recorded on the previous day, worth a total of 1.18 trillion
VND (56 million USD).
The southern bourse did not witness any
major fluctuations during the trading session as both sellers and buyers
adopted a wait-and-watch approach. As a result, supply and demand did
not meet.
A slow pace of transactions was registered in large-cap
stocks with the VN30-Index, tracking the southern city's largest shares
by capitalisation and liquidity, dipped 0.1 percent to end the day at
629.16 points, although gainers outnumbered losers by 12-9.
Overall, there were 112 advancers and 103 decliners on the southern bourse.
On the Hanoi Stock Exchange, transactions were also on a slow pace as
only 36.3 million shares changed hands with a total value of nearly 388
billion VND (18.4 million USD), respectively 55 percent and 27 percent
lower than the previous day's figures.
The HNX-Index managed to
close slightly higher on April 24, adding 0.12 percent to reach 80
points, while the HNXFF-Index, which is composed of stocks with minimum
free float rate of 5 percent, closed 0.21 percent lower at 80.26 points.
Tracking the capital city's top stocks, the HNX30-Index edged up 0.03 percent to finish the day at 160.98 points.-VNA