The VN-Index rose by 0.65 percent on Oct.21 to close at 445.05, buoyed by a new infusion of foreign capital into large-cap shares.
Foreign investors on the HCM Stock Exchange accounted for over 98 percent of the trading volume in shares of insurance giant Bao Viet Holdings (BVH), 69 percent of the volume of PetroVietnam Drilling (PVD), and 52 percent of the volume of shares in property trader Hoang Anh Gia Lai (HAG).
They ended the session as net buyers overall of 300,000 shares worth 23.3 billion VND (1.2 million USD).
About 16 of the 20 leading shares by capitalisation advanced, although banking shares either inched up or closed unchanged, according to financial services provider Stoxplus. Vietcombank (VCB), Sacombank (STB) and Eximbank (EIB) each gained a mere 0.1 percent on the day, while Vietinbank (CTG) closed flat.
Wall Street rallied overnight, while domestic markets heard news during the morning that the State Bank of Vietnam was considering injecting US dollars into the commercial banking system to help stabilise the foreign exchange market and meet the demand of importers for the greenback.
Still, trading volume on the HCM City bourse fell 31 percent from Oct. 20's session to a very meagre 28 million shares, worth only 657.8 billion VND (33.7 million USD).
On the HanoiStock Exchange, fewer than 25 million shares changed hands during the session, with trades totalling just 489 billion VND (25 million USD). However, the HNX-Index managed to rebound by 0.24 percent to close at 112.55, with 142 out of 317 listed stocks advancing./.
Foreign investors on the HCM Stock Exchange accounted for over 98 percent of the trading volume in shares of insurance giant Bao Viet Holdings (BVH), 69 percent of the volume of PetroVietnam Drilling (PVD), and 52 percent of the volume of shares in property trader Hoang Anh Gia Lai (HAG).
They ended the session as net buyers overall of 300,000 shares worth 23.3 billion VND (1.2 million USD).
About 16 of the 20 leading shares by capitalisation advanced, although banking shares either inched up or closed unchanged, according to financial services provider Stoxplus. Vietcombank (VCB), Sacombank (STB) and Eximbank (EIB) each gained a mere 0.1 percent on the day, while Vietinbank (CTG) closed flat.
Wall Street rallied overnight, while domestic markets heard news during the morning that the State Bank of Vietnam was considering injecting US dollars into the commercial banking system to help stabilise the foreign exchange market and meet the demand of importers for the greenback.
Still, trading volume on the HCM City bourse fell 31 percent from Oct. 20's session to a very meagre 28 million shares, worth only 657.8 billion VND (33.7 million USD).
On the HanoiStock Exchange, fewer than 25 million shares changed hands during the session, with trades totalling just 489 billion VND (25 million USD). However, the HNX-Index managed to rebound by 0.24 percent to close at 112.55, with 142 out of 317 listed stocks advancing./.
