Business

VN-Index edges up, HNX-Index slips

The VN-Index continue to edge up, closing 0.8 percent higher at 472.93 points on April 28, thanks to food producer Masan Group (MSN) and insurer Bao Viet Holdings (BVH).
The VN-Index continue to edge up, closing 0.8 percent higher at 472.93points on April 28, thanks to food producer Masan Group (MSN) andinsurer Bao Viet Holdings (BVH).

On the HCM Stock Exchange, 23.6 million shares worth 446.6 billionVND (21.3 million USD) were traded, down 21 and 28 percent in volume andvalue over on April 27's session.

Among the 10 largestcapitalised stocks, MSN hit its ceiling in its sixth consecutive sessionand BVH added 2,500 VND in value, or 2.9 percent. Climbing bank bluechips were Eximbank (EIB) up 0.7 percent and Sacombank (STB) up 0.8percent. Sacombank continued to be the most active code with 2 millionshares changing hands.

Two other codes eased less than 1 percent, including real estate developer Vincom (VIC) and software giant FPT (FPT).

The rally in the HCM market was mainly due to good performances bylarge caps. Demand in mid and small-cap shares remained low.

In Hanoi , 276 of 382 codes fell or remained unchanged, pulling the HNX-Index down 0.6 percent to close at 83.27 points.

Only 87 percent of the previous day's volume was reached, with 23million shares traded. Liquidity was also 17 percent lower at 309billion VND (14.7 million USD).

Beverage producer Thai HoaGroup (THV) was the most active code in Hanoi , with 2.5 millionshares changing hands, closing 1.9 percent higher in value. /.
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