Vietnam index up 0.05pc, bargain hunting supports

HANOI: Vietnam's benchmark VN Index was almost flat at the break on Tuesday, edging up just 0.05 percent as bargain hunting around a supportive level trimmed losses in some big caps.

The index fell below a strong supportive level of 530 points in early trade before investors seeking cheap shares took their positions, while extended losses in global oil prices repelled appetite in energy stocks.

Hanoi-based lender Vietcombank outperformed the market to rise 1.26 percent, while PetroVietNam Gas, the country's top firm by market value, lost 0.71 percent.