Cash flow boosts local stocks
Benchmark indices soared on January 15, showing improved liquidity on both national bourses.
Benchmark indices soared on January 15, showing improved liquidity on both national bourses.
On the Ho Chi Minh City Exchange, the VN-Index increased for the ninth straight day, finishing at 526.68 points, 0.48 percent higher than the previous trading.
Liquidity improved, with the total trading value reaching 1.86 trillion VND (88.5 billion USD) on the exchange of 127.58 million shares. Cash flowed strongly into the market.
The VN30-Index, tracking the southern city's 30 largest shares by capitalisation and liquidity, edged up 0.43 percent to 583.07 points.
Securities stocks were active and became the market stimulator. Saigon Securities (SSI) increased by 987 VND per share to reach 20,500 VND. In terms of liquidity, SSI, with 7.2 million shares traded, only trailed behind Tan Tao Group (ITA), which had 23 million shares traded.
Other gainers included FPT Group (FPT), Hoa Phat Group (HPG), Hoa Sen Group (HSG), and Masan Group (MSN), as well as Vinamilk (VNM).
Although Da Nang Rubber Corporation (DRC), PetroVietnam General Services Corporation (PET), Kinh Do Group (KDC), and Southern Rubber Company (CSM) lost, blue chips remained the market supporter.
Overall, 117 codes on the southern bourse increased, while 83 codes lost.
On the Hanoi Stock Exchange, transactions also boomed, where the HNX-Index jumped 1.4 percent to 72.7 percent.
The HNXFF-Index, comprising stocks with a minimum free float rate of 5 percent, gained 1.23 percent to reach 72.39 points.
The northern bourse's liquidity reached a new high yesterday, with 71.2 million shares changing hands for a total trading value of 704 billion VND (33.5 million USD).
Blue chips were also active. The index of the 30 largest stocks—the HNX30-Index—strongly increased by 2.19 percent to reach 140.93 points.
Vietnam Investment Securities forecast the positive trend would continue thanks to foreign buyers and the early profit-takings of investors.-VNA
On the Ho Chi Minh City Exchange, the VN-Index increased for the ninth straight day, finishing at 526.68 points, 0.48 percent higher than the previous trading.
Liquidity improved, with the total trading value reaching 1.86 trillion VND (88.5 billion USD) on the exchange of 127.58 million shares. Cash flowed strongly into the market.
The VN30-Index, tracking the southern city's 30 largest shares by capitalisation and liquidity, edged up 0.43 percent to 583.07 points.
Securities stocks were active and became the market stimulator. Saigon Securities (SSI) increased by 987 VND per share to reach 20,500 VND. In terms of liquidity, SSI, with 7.2 million shares traded, only trailed behind Tan Tao Group (ITA), which had 23 million shares traded.
Other gainers included FPT Group (FPT), Hoa Phat Group (HPG), Hoa Sen Group (HSG), and Masan Group (MSN), as well as Vinamilk (VNM).
Although Da Nang Rubber Corporation (DRC), PetroVietnam General Services Corporation (PET), Kinh Do Group (KDC), and Southern Rubber Company (CSM) lost, blue chips remained the market supporter.
Overall, 117 codes on the southern bourse increased, while 83 codes lost.
On the Hanoi Stock Exchange, transactions also boomed, where the HNX-Index jumped 1.4 percent to 72.7 percent.
The HNXFF-Index, comprising stocks with a minimum free float rate of 5 percent, gained 1.23 percent to reach 72.39 points.
The northern bourse's liquidity reached a new high yesterday, with 71.2 million shares changing hands for a total trading value of 704 billion VND (33.5 million USD).
Blue chips were also active. The index of the 30 largest stocks—the HNX30-Index—strongly increased by 2.19 percent to reach 140.93 points.
Vietnam Investment Securities forecast the positive trend would continue thanks to foreign buyers and the early profit-takings of investors.-VNA
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