Thailand
Vietnam: Trading value hits six-month low
Vietnam: Trading value hits six-month low
Monday, 8 August 2016 – Vietnamese shares were mixed yesterday while investor confidence in the market prospects remained low, pulling market trading to its lowest level since mid-February.
The benchmark VN Index on the HCM Stock Exchange was volatile before rebounding 0.3 per cent from a month’s low hit on Friday to close at 629.46 points.
Late buying in some large-cap and mid-cap stocks was the major factor that drove the index upwards after investors were cautious with the market prospects in the previous sessions, Sài Gòn-Hà N?i Securities Corp (SHS) said in a report.
Blue chips that had a positive impact on the market were Joint Stock Commercial Bank for Foreign Trade of Vi?t Nam (VCB), PetroVietnam Gas Corp (GAS) and PetroVietnam Drilling and Well Services Corp (PVD). Read More?