Both benchmark markets in Ho Chi Minh City and Hanoi extended their gains on November 26.
On the Hanoi Stock Exchange, the HNX-Index ended at 64.90 points, a0.11 percent increase compared to the November 25 session.
Trading value reached nearly 256.7 billion VND (12.1 million USD),however declining 8.8 percent over the previous day, on a volume of 34.7million shares.
The rally of the HNX30, tracking the northern bourse's 30 leading shares, was lower at 0.01 percent to 122.92 points.
On the Ho Chi Minh City Stock Exchange, the VN-Index advanced further by 0.53 percent to 509.16 points.
The value of trades increased slightly compared to the November 25level, totaling 1.36 billion VND (64.1 million USD) on a volume of 93.5million shares.
Blue chip companies helped lift theVN30 up 0.25 percent to 568.85 points. Construction firm Becamex (IJC)hit its daily limit of a 7 percent increase.
Steelmaker Hoa Phat (HPG), Vinamilk (VNM), private equity group Masan(MSN) and PetroVietnam Drilling Services (PVD) all rose more than 2percent.
According to analysts, the day's trading wasquite successful as demand remained stable despite a relatively largeinflux of sales.
On November 26, 274 millionsecurities were released into investors' accounts after last Thursday'spurchase, this had been predicted to create a flood of re-sales.
VNM and MSN were the strongest support to the market, while somemid-cap stocks also performed well, such as textile firm Mirae (KMR),telecoms equipment producer Viet – Han Corp (VHG) and constructioncompanies Idico - Petroleum Trading (PXL), Licogi 16 (LCG) and VietnamMechanization Electrification & Construction (MCG) reaching theceiling prices.
Gold also enjoyed a rise after theNovember 25 stumble. SJC gold was sold at around 35.5 million VND (1,690USD) per tael, posting a 0.77 percent increase compared to November 25and higher than global price about 11 percent. Each tael equals 1.2 troyounces.
Foreign investors narrowed their net buying value by 59.4 percent to just 28.4 billion VND (1.33 million USD).-VNA
On the Hanoi Stock Exchange, the HNX-Index ended at 64.90 points, a0.11 percent increase compared to the November 25 session.
Trading value reached nearly 256.7 billion VND (12.1 million USD),however declining 8.8 percent over the previous day, on a volume of 34.7million shares.
The rally of the HNX30, tracking the northern bourse's 30 leading shares, was lower at 0.01 percent to 122.92 points.
On the Ho Chi Minh City Stock Exchange, the VN-Index advanced further by 0.53 percent to 509.16 points.
The value of trades increased slightly compared to the November 25level, totaling 1.36 billion VND (64.1 million USD) on a volume of 93.5million shares.
Blue chip companies helped lift theVN30 up 0.25 percent to 568.85 points. Construction firm Becamex (IJC)hit its daily limit of a 7 percent increase.
Steelmaker Hoa Phat (HPG), Vinamilk (VNM), private equity group Masan(MSN) and PetroVietnam Drilling Services (PVD) all rose more than 2percent.
According to analysts, the day's trading wasquite successful as demand remained stable despite a relatively largeinflux of sales.
On November 26, 274 millionsecurities were released into investors' accounts after last Thursday'spurchase, this had been predicted to create a flood of re-sales.
VNM and MSN were the strongest support to the market, while somemid-cap stocks also performed well, such as textile firm Mirae (KMR),telecoms equipment producer Viet – Han Corp (VHG) and constructioncompanies Idico - Petroleum Trading (PXL), Licogi 16 (LCG) and VietnamMechanization Electrification & Construction (MCG) reaching theceiling prices.
Gold also enjoyed a rise after theNovember 25 stumble. SJC gold was sold at around 35.5 million VND (1,690USD) per tael, posting a 0.77 percent increase compared to November 25and higher than global price about 11 percent. Each tael equals 1.2 troyounces.
Foreign investors narrowed their net buying value by 59.4 percent to just 28.4 billion VND (1.33 million USD).-VNA
