Large-caps lift VN-Index for second day

Large-caps lift VN-Index for second day

HÀ NỘI — Vietnamese shares were mixed on Thursday morning while property developers made strong gains to cushion market sentiment.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange edged up 0. 二 八 per cent to close at  九 九 四. 四 一 points.

The VN-Index was up 0. 五 七 per cent on Wednesday.

The HNX-Index on the Hà Nội Stock Exchange dropped 0. 一 五 per cent to end at  一0 四. 二 七 points.

The HNX-Index finished unchanged on Wednesday.

More than  一 一 四. 五 million shares were traded on the two local exchanges, worth VNĐ 二. 三 六 trillion (US$ 一0 一. 六 million).

Real estate firms held the market up in the morning session.

The realty sector index increased by  一. 四 per cent, data on vietstock.vn showed.

Leading the property sector were large-cap firms such as Vingroup (VIC), Vinhomes (VHM), Vincom Retail (VRE) and Novaland (NVL). The realty giants also helped boost the large-cap VN 三0-Index up 0. 二 六 per cent to  八 八 五. 五 一 points.

Other large-cap stocks also advanced such as brewer Sabeco (SAB), steel producer Hoà Phát (HPG), retailer Mobile World (MWG) and dairy firm Vinamilk (VNM).

The afternoon trading session starts at  一pm. — VNS