HANOI, Feb 20 Vietnam's benchmark VN Index
edged down 0.12 percent at the break on Thursday in high
volume, with profit taking in most small-cap shares erasing
gains in banks and some big-caps.
Profit taking in penny stocks and strong buying in banking
shares have boosted liquidity on the exchange, said deputy
manager Nguyen Tuan at An Binh Securities.
Volume soared to 131 million shares, close to the five-day
average of 151 million, Reuters data showed.
Property firm Vingroup lost 1.27 percent and top
insurer Baoviet Holdings fell 1.87 percent.
Most banks rose, led by VietinBank, Vietnam's
second-largest lender by assets, which gained 1.8 percent.
Vietnam will allow foreign investors to buy bigger stakes in
its banks as of Thursday, the government has
Here is a snapshot of the VN Index at midday (0431
VN Index 577.45
PREV. CLOSE 578.12
% CHANGE -0.12%
Change (%) 1-mnth 6.352
Change (%) 3-mnth 14.545
Change (%) 1-year 17.796
52-week high 578.8 19-Feb-14
52-week low 459.64 27-Feb-13
(Reporting by Mai Nguyen)