HCM City session ends with 0.7 percent gains

The VN-Index on the Hochiminh Stock Exchange finished 0.7 percent higher at 596.72 points during the February 26 trading session. Overall, the gainers outnumbered the losers by 138 to 79.
The VN-Index on the Hochiminh Stock Exchange finished 0.7 percent higher at 596.72 points during the February 26 trading session. Overall, the gainers outnumbered the losers by 138 to 79.

The market's total trading value touched nearly 1.5 trillion VND (70.4 million USD) on a volume of some 90 million shares.

Among the 30 largest stocks in terms of capitalisation and liquidity, financial entity, Ocean Group (OGC) continued to hit the daily increase limit for the third session in a row to end at 5,900 VND per share. It was also the most active stock with 17 million of its shares being traded.

Eighteen other blue chip stocks also performed well, notably HCM City Infrastructure Investment (CII), property developer Hoang Anh Gia Lai (HAG), consumer goods company Masan (MSN) and Vietcombank (VCB).

The VN30 Index, which tracks the aforementioned stocks, also added 0.7 percent to close at 623.84 points.

On the Hanoi Stock Exchange, the HNX-Index increased 0.46 percent to close at 86.06 points.

The HNX30, comprised of the northern bourse's top 30 shares, rose 0.8 percent to close at 166.36 points.

As over 39.7 million shares were transacted, the value of trading touched 504 billion VND (23.7 million USD).
Trading on the domestic stock market was also boosted by shares in the banking, oil and gas sectors. Vietcombank has been relatively influential in the market, which can be seen in its movement being replicated by the VN-Index during recent days. In other words, the index increased or decreased whenever the stock gained or lost.

In addition, foreign investors continued to purchase Vietcombank shares.

On both bourses, the net buyers reported a combined margin of 87 billion VND (4 million USD).-VNA

See more