Reuters logo
Vietnam index rebounds 1.4 pct after two-day fall
May 14, 2014 / 5:03 AM / in 3 years

Vietnam index rebounds 1.4 pct after two-day fall

HANOI, May 14 (Reuters) - Vietnam's benchmark VN Index
 gained 1.38 percent on Wednesday, recovering from a
two-day losing streak, supported by value-buying as share prices
have become more attractive, traders said.
    The index had lost a combined 5.3 percent after two falls on
Monday and Tuesday, partly due to continued tension over a sea
dispute with China.  
    "After recent falls people started buying, but the demand is
still weak," a Vietnamese trader in Hanoi said.
    Vietcombank rose 6.58 percent, followed by
Vietnam's largest insurer by market share, Baoviet Holdings
, which increased 5.41 percent, while Petrovietnam Gas
 - the country's top listed firm by market value - lost
0.56 percent.       
    Here is a snapshot of the VN Index at midday (0431
GMT).    
                   VN Index       521.01           
                PREV. CLOSE       513.91           
                   % CHANGE        1.38%           
                                                   
                       HIGH       523.46           
                        LOW       509.82           
                                                   
          Change (%) 1-mnth       -14.43           
          Change (%) 3-mnth       -9.869           
          Change (%) 1-year        5.109           
                                                   
               52-week high       609.46  25-Mar-14
               52-week low        462.13  30-Aug-13
 
 (Reporting by Ho Binh Minh; Editing by Anand Basu)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below