VN-Index adds small rise

Movements of VN-Index on October 13. (Photo: vietstock.vn)
Movements of VN-Index on October 13. (Photo: vietstock.vn)
VN-Index, a measure of 262 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange rebounded on October 13 as foreign investors fostered disbursement. However, liquidity on the city bourse remained poor as local investors still neglected.

The benchmark restored 0.74 percent, or 3.38 points, to close at 457.7 points.

Trading volume slightly fell over the previous trading session as around 25.05 million shares changed hands at VND698 billion.

Among the index members, 135 increased, 65 dropped, while 67 treaded water.

Ocean Group Joint Stock Company (OGC), which saw 1.18 million shares change hands, was the only stock whose today’s trading volume was above 1 million shares. The company has continuously led the list of most active shares in volume recently.

AgriBank Securities Joint Stock Corporation (AGR), which gained 4.92 percent to VND12,800, ranked second with 953,600 shares traded, followed by PetroVietnam Fertilizer and Chemicals Corporation (DPM) with 669,850 shares.

Binh Duong Trade and Development Joint Stock Company (TDC) soared 4.9 percent to VND30,000.

Hamico Group Mineral Joint Stock Company (KSH) advanced 4.88 percent to trade at VND45,100.

Transforwarding Warehousing Joint Stock Corporation (TMS) slumped 16.27 percent to VND27,800. The company will issue 3,303,121 bonus shares to its current shareholders, funded from undistributed profits, at a ratio of 25 percent. The odd shares will be paid in cash at a price of VND10,000 per share.

Long Giang Investment and Urban Development Joint Stock Company (LGL) tumbled 15.66 percent to VND21,000. The company will advance dividends in cash to its current shareholders at a ratio of 20 percent on November 1.

Imexpharm Pharmaceutical Joint Stock Company (IMP) lost 5 percent to VND57,000.

The Hanoi’s HNX-Index also recovered, inching up 0.58 points, or 0.48 percent, to 120.39 points. Trading volume on the northern bourse, however, dropped to the lowest level since mid-February as just nearly 17 million shares traded at VND370.1 billion.

The market of unlisted shares made a contrast move as the UPCoM-Index sliced 0.15 points to 43.96. Trading volume was at 447,000 shares worth VND5.16 billion, doubled that of the previous day.

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