Shares opened this week by making gains on both the national stock exchanges, boosted by blue chips and the property sector stocks.
On the Hochiminh Stock Exchange, despite the morning trading closing in the red, the VN-Index added 3.55 points or 0.67 percent on May 19.
Many stocks of the property sector rose to their ceiling prices, such as the Tan Tao Group (ITA) which rose by 6.7 percent; the FLC Group (FLC) which added 6 percent; and the Hoang Quan Corporation (HQC) which gained 6.8 percent.
The stocks of the property sector also led the southern bourse by trading volume on May 19. FLC ranked first with 12.7 million of its shares changing hands, followed by ITA and HQC.
Large-cap stocks were also the major supporters of the market. With 21 codes ending higher, the VN30-Index, tracking the southern bourse's top stocks by capitalisation and liquidity, advanced by 1.27 percent to reach 589.31 points.
The Hoa Sen Group (HSG) too gained 6.9 percent to end at its ceiling price of 46,700 VND, or 2.2 USD, on May 19 after its management board asked the shareholders' opinions about increasing the foreign stake at the firm to 60 percent.
The other big gainers included the Hoa Phat Group (HPG), Vingroup (VIC), the Southern Rubber Corporation (CSM), Vinamilk (VNM) and the Masan Group (MSN).
In the VN30 package, seven codes posted losses, including Hoang Anh Gia Lai (HAG), the Ho Chi Minh City Infrastructure Investment Corporation (CII), Gemadept (GMD) and the Vinh Son Song Hinh Hydroelectric Corporation (VSH).
Foreign investors poured 158.6 billion VND, or 7.5 million USD, into the Ho Chi Minh City Exchange on May 19, keeping their focus on the large-cap stocks.
Overall, on the southern bourse, there were 163 gainers and 68 losers. The trading volume reached 106.1 million shares, worth 1.52 trillion VND, or 72.3 million USD.
On the Hanoi Exchange, the HNX-Index gained 0.46 percent to end at 72.64 points, while the HNXFF-Index, tracking stocks with a minimum free float rate of 5 percent, added 0.47 percent to close at 73.12 points.
Tracking the performance of the northern bourse' top stocks, the HNX30-Index advanced 0.8 percent or 1.12 points to reach 142.09 points.
With more than 58.4 million shares being traded, the trading value reached 484.9 billion VND, or 23 million USD.-VNA
On the Hochiminh Stock Exchange, despite the morning trading closing in the red, the VN-Index added 3.55 points or 0.67 percent on May 19.
Many stocks of the property sector rose to their ceiling prices, such as the Tan Tao Group (ITA) which rose by 6.7 percent; the FLC Group (FLC) which added 6 percent; and the Hoang Quan Corporation (HQC) which gained 6.8 percent.
The stocks of the property sector also led the southern bourse by trading volume on May 19. FLC ranked first with 12.7 million of its shares changing hands, followed by ITA and HQC.
Large-cap stocks were also the major supporters of the market. With 21 codes ending higher, the VN30-Index, tracking the southern bourse's top stocks by capitalisation and liquidity, advanced by 1.27 percent to reach 589.31 points.
The Hoa Sen Group (HSG) too gained 6.9 percent to end at its ceiling price of 46,700 VND, or 2.2 USD, on May 19 after its management board asked the shareholders' opinions about increasing the foreign stake at the firm to 60 percent.
The other big gainers included the Hoa Phat Group (HPG), Vingroup (VIC), the Southern Rubber Corporation (CSM), Vinamilk (VNM) and the Masan Group (MSN).
In the VN30 package, seven codes posted losses, including Hoang Anh Gia Lai (HAG), the Ho Chi Minh City Infrastructure Investment Corporation (CII), Gemadept (GMD) and the Vinh Son Song Hinh Hydroelectric Corporation (VSH).
Foreign investors poured 158.6 billion VND, or 7.5 million USD, into the Ho Chi Minh City Exchange on May 19, keeping their focus on the large-cap stocks.
Overall, on the southern bourse, there were 163 gainers and 68 losers. The trading volume reached 106.1 million shares, worth 1.52 trillion VND, or 72.3 million USD.
On the Hanoi Exchange, the HNX-Index gained 0.46 percent to end at 72.64 points, while the HNXFF-Index, tracking stocks with a minimum free float rate of 5 percent, added 0.47 percent to close at 73.12 points.
Tracking the performance of the northern bourse' top stocks, the HNX30-Index advanced 0.8 percent or 1.12 points to reach 142.09 points.
With more than 58.4 million shares being traded, the trading value reached 484.9 billion VND, or 23 million USD.-VNA
