VN-Index changes little

Movements of VN-Index on October 14. (Photo: vietstock.vn)
Movements of VN-Index on October 14. (Photo: vietstock.vn)
Vietnam’s benchmark VN-Index edged up for the second day on October 14. Liquidity on the market, however, still had not improved as investors remained neglectful.

The shares of 262 companies and five mutual funds listed on the Ho Chi Minh Stock Exchange rose 0.21 percent, or 0.96 points, to finish at 458.66 points.

Trading volume was just around 23.25 million shares worth VND597 billion.

Of the index, 84 stocks gained, 98 dropped, while 85 remained unchanged.

Vietnam Mechanization Electrification & Construction Joint Stock Company (MCG) topped the list of most active shares in volume with 1.06 million shares changing hands. It was the only share whose trading volume was above 1 million shares today.

Sugar producer Société De Bourbon Tay Ninh (SBT) ran after with 717,300 shares changing hands.

PetroVietnam Fertilizer and Chemicals Corporation (DPM) came in next with 641,650 shares traded.

Binh Duong Trade and Development Joint Stock Company (TDC) soared 5 percent to trade at VND31,500.

Dinh Vu Port Investment & Development Joint Stock Company (DVP) advanced 4.86 percent to VND36,700.

Da Nui Nho Joint Stock Company (NNC) closed up 4.81 percent to VND41,400.

Hoang Long Group (HLG) collapsed 34.06 percent to VND15,100. The company will pay dividends for this year in cash to its current shareholders at a ratio of 12 percent on November 19. It also planned to issue 14,715,355 bonus shares to its current shareholders at a ratio of 2:1.

Vietnam Land Investment Corporation (VNI) slashed 5 percent to VND19,000 from VND20,000 the previous day.

Hanoi-based construction company Tai Nguyen Corporation (TNT) shrank 4.85 percent to VND25,500.

The Hanoi’s HNX-Index gained 0.06 points, or 0.05 percent, to close at 120.45 points. Trading volume slightly recovered from a record low to 19.4 million shares, a value of VND421.6 billion.

The UPCoM-Index slipped 0.39 points to 43.71 as of 11:15 am local time. A total of 130,000 shares changed hands at VND2.4 billion.

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