Blue chips boost national bourses

Shares on both the Hanoi and Ho Chi Minh City stock exchanges on August 6 exceeded expectations after rebounding from the previous day's losses.
Shares on both the Hanoi and Ho Chi Minh City stock exchanges on August 6 exceeded expectations after rebounding from the previous day's losses.

The VN-Index on the HCM City Stock Exchange gained 0.59 percent to 496.56 points while the VN30, tracking the top 30 stocks in capitalisation and liquidity, added 0.6 percent to close at 549.45 points.

Trading declined by 12 percent on the previous session with 34.4 million shares worth 648.3 billion VND (30.5 million USD) being traded.

In the VN30, HCM City Infrastructure Investment (CII), private equity firm Masan Group (MSN) and Sacombank (STB) retreated while 19 blue chips closed in the green.

Top gainers included PetroVietnam Low Pressure Gas Distribution (PGD), up 5.1 percent, Kinh Do Confectionery (KDC), up 3.8 percent, and rubber producer Casumina (CSM), up 2.6 percent.

On the Hanoi Stock Exchange, the HNX-Index closed August 6’s session at 62.33 points, a rise of 0.72 percent.

Trading value reached 131.1 billion VND (6.1 million USD) over a volume of 14.8 million shares.

The HNX30, tracking the bourse's 30 leading shares, also advanced 0.77 percent to 115.87 points.

Foreign investors continued as top sellers by a margin of 28.4 billion VND (1.3 million USD) on both bourses.-VNA

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