Blue chips lead modest market revival

Shares rose steadily on Sug. 30 on the HCM Stock Exchange with the VN-Index rising by 1.07 percent to close at 397.25 points.
Shares rose steadily on Sug. 30 on the HCM Stock Exchange with the VN-Index rising by 1.07 percent to close at 397.25 points.

The value of trades improved slightly over Aug. 29, reaching nearly 602 billion VND (28.7 million USD) on a volume of 39 million shares.

The VN30 Index, tracking the leading large-cap shares, closed up by 1.26 percent to 465.42 points. Shares of property developers Hoang Anh Gia Lai Co (HAG) and VinGroup (VIC) hit their ceiling prices while such influential stocks as Vietinbank (CTG), Sacombank (STB) and steelmaker Hoa Phat Group (HPG) also rose by 1-3.8 percent.

Eximbank (EIB) was the most-active share with 2.25 million traded, ending a seven-session losing streak to gain 3.14 percent on the day. EIB closed at 16,400 VND per share.

A rise on the Hanoi Stock Exchange on the day decelerated towards the end of the session, with the HNX-Index closing up by just 0.06 percent to 61.92 points. The value of trades was anaemic, at just 279 billion VND (13.3 million USD).

Advancers edged decliners by just 97-90, with VNDirect Securities Co (VND) the most-active share on a volume of 3.23 million.

Foreign investors concluded as net buyers on both exchanges, picking up combined shares worth over 32 billion VND (1.5 million USD).-VNA

See more