National stocks rally, as analysts keep eyes on liquidity
National stocks rallied during March 6’s session after declining to the attractive price level.
National stocks rallied during March 6’s session after declining to the attractive price level.
On the Ho Chi Minh Stock Exchange, the VN-Index gained 1.94 percent to 471.09 points. Gainers outnumbered losers by 181-55.
However, trading was sluggish, reaching only 487.7 billion VND (23.2 million USD) – a drop of 37.4 percent over the previous day – on a volume of nearly 35.6 million shares.
The VN30, composed of the city’s leading shares, also rose 2 percent to 539.08 points.
Investors sentiment on these large-cap stocks improved with only PetroVietnam Low Pressure Gas Distribution Co (PGD) retreating.
On the Hanoi Stock Exchange, the HNX-Index advanced by 2.56 percent to 60.82 points.
As 40.4 million shares changed hands, turnover fetched 311.3 billion VND (14.8 million USD), accounting for only 70 percent of the previous day’s value.
The HNX30, tracking the northern bourse’s largest stocks in terms of capitalisation and liquidity, finished the session 3.56 percent higher at 117.16 points.
Foreign investors concluded the day as buyers by a margin of some 13 billion VND (619,000 USD), drawn mostly by PetroVietnam Finance (PVF), PetroVietnam Technical Services (PVS) and wood processing firm Truong Thanh Furniture (TTF).-VNA
On the Ho Chi Minh Stock Exchange, the VN-Index gained 1.94 percent to 471.09 points. Gainers outnumbered losers by 181-55.
However, trading was sluggish, reaching only 487.7 billion VND (23.2 million USD) – a drop of 37.4 percent over the previous day – on a volume of nearly 35.6 million shares.
The VN30, composed of the city’s leading shares, also rose 2 percent to 539.08 points.
Investors sentiment on these large-cap stocks improved with only PetroVietnam Low Pressure Gas Distribution Co (PGD) retreating.
On the Hanoi Stock Exchange, the HNX-Index advanced by 2.56 percent to 60.82 points.
As 40.4 million shares changed hands, turnover fetched 311.3 billion VND (14.8 million USD), accounting for only 70 percent of the previous day’s value.
The HNX30, tracking the northern bourse’s largest stocks in terms of capitalisation and liquidity, finished the session 3.56 percent higher at 117.16 points.
Foreign investors concluded the day as buyers by a margin of some 13 billion VND (619,000 USD), drawn mostly by PetroVietnam Finance (PVF), PetroVietnam Technical Services (PVS) and wood processing firm Truong Thanh Furniture (TTF).-VNA
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