Solid gains of large cap shares on July 17’s afternoon continued to support the market with the benchmark VN-Index rising another 0.26 percent to close at 497.50 points.

Almost half of the top 30 shares by market capitalisation and liquidity led by Southern Rubber Industry (CSM), up 6.7 percent.

Other gainers included Phu My Feritiliser (DPM), up 2.74 percent, Phu Nhuan Jewelry (PNJ), up 1.54 percent, followed by Masan Group (MSN) and Vinamilk (VNM), each up over 0.7 percent.

The VN closed at 551.38 points, up 0.3 percent. Market value changed little from the previous session, totalling nearly 975.2 billion VND (46.4 million USD) on a volume of more than 42 million shares.

Property developer VinaGroup (VIC) remained the most active share on July 17 with nearly 3.9 million shares changing hands at 64,000 VND (3.05 USD) per share. HAG was the second most traded at 2.8 million shares at 22,300 VND (1.06 USD) each.

On the Hanoi Stock Exchange, the HNX-Index also edged up 0.4 percent to 63.25 points, but the value of trades continued to be sluggish at just over 165.3 billion VND (7.9 million USD).

Sai Gon-Hanoi Bank (SHB) ended as the most active code on trades of 3.6 million shares exchanged at 6,800 VND a share.

Foreign investors continued to unload shares on the HCM City Stock Exchange, which resulted in a net sell valued at 60.4 billion VND (2.9 million USD).

Foreign investors were also the net buyers in Hanoi with a value of 1.53 billion VND (72,900 USD).-VNA