Stocks posted substantial gains on March 3 on the two exchanges, thanks to strong buys by foreign investors.
Theforeign sector was responsible for another net buy value of 77.3billion VND (3.6 million USD) on the Hochiminh Stock Exchange. Theirbuys focused on blue chips, including VinGroup (VIC), Masan Group (MSN),Hoang Anh Gia Lai Co (HAG) and Phu My Fertilizer (DPM), which alsohelped lift prices of these shares.
On the Hanoi Stock Exchange, they also collected shares worth a net value of nearly 30 billion VND (1.4 million USD).
Stable trading by the foreign sector contributed to ease local investors' psychology.
Inthe southern market, the VN-Index added nearly 6 points, or 1.01percent, to close the session at 596.72 points. The VN30, which tracksthe top 30 shares by market value and liquidity, gained 1.66 percent toend at 627.27 points.
Market conditions were positive, as the advancers outnumbered the decliners by 157-71 while 77 closed flat.
Liquidityalso soared with both trading volume and value rising 30 percent overthe previous session, totaling 113 million shares worth 1.944 trillionVND (nearly 91 million USD) by the end of the day.
On the HanoiStock Exchange, the HNX-Index edged up 0.89 percent to end at 86.24points and the HNX30, which tracks the top 30 shares by market liquidityhere, increased 1.37 percent to close at 164.67 points.
The number of gainers was higher than that of losers by 128-71. The other 162 were flat.
Tradingwas busy with over 44.5 million shares worth 555 billion VND (26million USD) exchanging hands, up 40 percent in both volume and valuecompared with the previous day's levels.
The investment arm ofFLC Group, KLF Joint Venture Global Investment Co (KLF), claimed themost active position with 4.3 million shares being exchanged, going up 1percent to close at 10,700 VND each.-VNA
Theforeign sector was responsible for another net buy value of 77.3billion VND (3.6 million USD) on the Hochiminh Stock Exchange. Theirbuys focused on blue chips, including VinGroup (VIC), Masan Group (MSN),Hoang Anh Gia Lai Co (HAG) and Phu My Fertilizer (DPM), which alsohelped lift prices of these shares.
On the Hanoi Stock Exchange, they also collected shares worth a net value of nearly 30 billion VND (1.4 million USD).
Stable trading by the foreign sector contributed to ease local investors' psychology.
Inthe southern market, the VN-Index added nearly 6 points, or 1.01percent, to close the session at 596.72 points. The VN30, which tracksthe top 30 shares by market value and liquidity, gained 1.66 percent toend at 627.27 points.
Market conditions were positive, as the advancers outnumbered the decliners by 157-71 while 77 closed flat.
Liquidityalso soared with both trading volume and value rising 30 percent overthe previous session, totaling 113 million shares worth 1.944 trillionVND (nearly 91 million USD) by the end of the day.
On the HanoiStock Exchange, the HNX-Index edged up 0.89 percent to end at 86.24points and the HNX30, which tracks the top 30 shares by market liquidityhere, increased 1.37 percent to close at 164.67 points.
The number of gainers was higher than that of losers by 128-71. The other 162 were flat.
Tradingwas busy with over 44.5 million shares worth 555 billion VND (26million USD) exchanging hands, up 40 percent in both volume and valuecompared with the previous day's levels.
The investment arm ofFLC Group, KLF Joint Venture Global Investment Co (KLF), claimed themost active position with 4.3 million shares being exchanged, going up 1percent to close at 10,700 VND each.-VNA
