Data boosts Monday markets

The indices on both of Vietnam 's stock exchanges closed slightly higher on Sept. 27 after the publication of economic growth figures.
The indices on both of Vietnam 's stock exchanges closed slightly higher on Sept. 27 after the publication of economic growth figures.

Gross domestic product (GDP) was reported to have risen 6.52 percent during the first nine months of the year. Growth was even more robust in major cities, reported at 11.2 percent in HCM City and 10.6 percent in Hanoi .

On the HCM Stock Exchange, the VN-Index continued in positive territory throughout on Sept. 27's session, closing up 0.11 percent to 450.20 points.

The value of trades reached 951.3 billion VND (48.8 million USD) on a volume of 37.4 million shares, an increase of 6 percent over last Friday's session.

Decliners once again outnumbered advancers, however, by 129-77.

Ocean Group (OGC) remained the most-active share on the southern exchange, with 2.48 million traded. OGC closed down by about 3 percent to 32,400.VND (1.66 USD) per share.

Of the 10 leading shares by capitalisation, only three advanced, with Bao Viet Holdings (BVH) and Sacombank (STB) reaching their ceiling prices.


On the Hanoi Stock Exchange, the HNX-Index edged up by 0.23 percent to close at 129.93 points.

Trades totalled just 614.4 billion VND (31.5 million USD), a decline of 4 percent from last Friday's value, while volume hit just 24.8 million shares, a decrease of 8 percent. Gainers narrowly outnumbered losers by 131-123.

PetroVietnam Construction (PVX) continued as the most-active share nationwide with 3.25 million shares changing hands. PVX picked up 0.85 percent in value to end the session at 23,700 VND (1.20 USD) per share.

Foreign investors continued as net buyers on both exchanges on Sept. 27 but by a narrow margin, picking up a combined net of 11 billion VND (564,000 USD) worth of shares.

The gold market continued to draw investor attention away from stocks, with gold hitting another new domestic record on Sept. 27 of around 30.7 million VND (1,575 USD) per tael. (A tael is equivalent to 1.2 ounces)./.

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