Investors mood lifts shares
The VN-Index increased by 1.56 percent
on Nov. 12 to end the day at 545.98, as investor sentiment appeared to
stabilise after the central bank rejected some recent rumours about
foreign exchange policies and took moves to cool down the overheated
market in gold.
The VN-Index increased by 1.56 percent
on Nov. 12 to end the day at 545.98, as investor sentiment appeared to
stabilise after the central bank rejected some recent rumours about
foreign exchange policies and took moves to cool down the overheated
market in gold.
The volume of trades on the HCM Stock Exchange rose to 47.1 million shares, worth a combined 2.28 trillion VND (123.9 million USD). Sacombank (STB) bounced back into the position as the most-active share, with more than 3 million changing hands.
On the Hanoi Stock Exchange, the HNX-Index gained a more modest 0.97 percent to close at 184.37. Volume fell to 23.1 million shares, worth a combined 954.4 billion (51.87 million). Construction giant Vinaconex (VCG) again with 2.7 million shares changing hands.
Foreign investors continued to buy in, finishing the day as net buyers on both bourses, for a combined net of 3.88 million shares worth of 178.1 billion VND (9.7 million USD).
Many shares have returned to more attractive prices for medium- and long-term investment, which would support the recovery of the market, commented Au Viet Securities Co. But Bao Viet Securities warned that markets may not return to the highs of September or October due to tighter availability of financial leverage from commercial banks./.
The volume of trades on the HCM Stock Exchange rose to 47.1 million shares, worth a combined 2.28 trillion VND (123.9 million USD). Sacombank (STB) bounced back into the position as the most-active share, with more than 3 million changing hands.
On the Hanoi Stock Exchange, the HNX-Index gained a more modest 0.97 percent to close at 184.37. Volume fell to 23.1 million shares, worth a combined 954.4 billion (51.87 million). Construction giant Vinaconex (VCG) again with 2.7 million shares changing hands.
Foreign investors continued to buy in, finishing the day as net buyers on both bourses, for a combined net of 3.88 million shares worth of 178.1 billion VND (9.7 million USD).
Many shares have returned to more attractive prices for medium- and long-term investment, which would support the recovery of the market, commented Au Viet Securities Co. But Bao Viet Securities warned that markets may not return to the highs of September or October due to tighter availability of financial leverage from commercial banks./.
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