August 1, 2014 / 5:01 AM / 3 years ago

Vietnam index nearly flat at midday, volume drops

HANOI, Aug 1 (Reuters) - Vietnam's benchmark VN Index 
was nearly unchanged at mid-day on Friday amid low liquidity
with investors remaining cautious as the market lacked
supporting news.
    Volume reached 34.2 million shares, or around half of the
total shares traded on Thursday, Reuters data showed.
    Investors should hold onto positions, four securities firms
including BIDV Securities said in reports to clients on Friday.
Two firms, however, advised clients to sell the shares in their
short-term portfolios.
    Here is a snapshot of the VN Index at mid-day (0431
GMT).    
                   VN Index       596.21             
                PREV. CLOSE       596.07             
                   % CHANGE        0.02%             
                                                     
                       HIGH        596.8             
                        LOW       592.38             
                                                     
          Change (%) 1-mnth        3.103             
          Change (%) 3-mnth        3.126             
          Change (%) 1-year       21.189             
                                                     
               52-week high       609.46    25-Mar-14
               52-week low        462.13    30-Aug-13
 
 (Reporting by Ho Binh Minh; Editing by Anupama Dwivedi)

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