The VN-Index on the Ho Chi Minh Stock Exchange made a long-awaited comeback on October 15 after four consecutive sessions of losses, gaining 0.43 percent to reach 495.72 points.
More than 50.44 million shares changed hands with a modest value of 668.19 billion VND (31.81 million USD). The VN30-Index, tracking the southern bourse's top shares in term of capitalisation and liquidity, added 0.42 percent to close at 553.9 points. Gainers overwhelmed losers by 19-4.
PetroVietnam Transport Corporation (PVT) was the star performer, increasing nearly 7 percent to its ceiling price of 9,200 VND (0.43 USD) per share. Gemadebt Corporation added 0.37 per cent to close at 27,500 USD (1.3 USD) per share.
Four codes lost value: Eximbank (EIB), Pha Lai Thermoelectric Corporation (PPC), PetroVietnam Drilling (PVD) and Bourbon Tay Ninh (SBT), losing between VND100-500 per share.
On the Hanoi Stock Exchange, the HNX-Index was also up 0.44 percent to 60.76 points. With more than 21.42 million shares traded, value on the capital's bourse totalled 168.026 billion VND (8 million USD), falling 14 percent on the previous session.
The HNX30-Index, composed of the exchange's 30 leading shares, edged up 0.65 percent, finishing at 112.50 points. Foreign investors concluded the day as net buyers, picking up 2.32 million shares worth 41.73 billion VND (1.98 million USD).
According to Bao Viet Securities, the market gains were mainly thanks to the surge in speculative stocks on both bourses, with blue chips staying placid. This showed that cash flows into the market on October 15 were targeting short term profits.
FPT Securities did not warm to the recovery on the VN-Index on October 15, saying investors should be cautious and withdraw from buying decisions to avoid risk.-VNA
More than 50.44 million shares changed hands with a modest value of 668.19 billion VND (31.81 million USD). The VN30-Index, tracking the southern bourse's top shares in term of capitalisation and liquidity, added 0.42 percent to close at 553.9 points. Gainers overwhelmed losers by 19-4.
PetroVietnam Transport Corporation (PVT) was the star performer, increasing nearly 7 percent to its ceiling price of 9,200 VND (0.43 USD) per share. Gemadebt Corporation added 0.37 per cent to close at 27,500 USD (1.3 USD) per share.
Four codes lost value: Eximbank (EIB), Pha Lai Thermoelectric Corporation (PPC), PetroVietnam Drilling (PVD) and Bourbon Tay Ninh (SBT), losing between VND100-500 per share.
On the Hanoi Stock Exchange, the HNX-Index was also up 0.44 percent to 60.76 points. With more than 21.42 million shares traded, value on the capital's bourse totalled 168.026 billion VND (8 million USD), falling 14 percent on the previous session.
The HNX30-Index, composed of the exchange's 30 leading shares, edged up 0.65 percent, finishing at 112.50 points. Foreign investors concluded the day as net buyers, picking up 2.32 million shares worth 41.73 billion VND (1.98 million USD).
According to Bao Viet Securities, the market gains were mainly thanks to the surge in speculative stocks on both bourses, with blue chips staying placid. This showed that cash flows into the market on October 15 were targeting short term profits.
FPT Securities did not warm to the recovery on the VN-Index on October 15, saying investors should be cautious and withdraw from buying decisions to avoid risk.-VNA
