Stocks climbed more quickly towards the end of January 23's session, boosted by improvement in investor confidence after the European Central Bank announced a big bond-buying programme worth up to one trillion euros (1.16 trillion USD).
In line with strong rises in global stocks, Vietnamese markets also opened high after the news.
On the Ho Chi Minh Stock Exchange, the VN-Index added another 1.36 percent to close at 582.38 points, while the VN30, which tracks the top 30 shares by market value and liquidity, increased by 0.79 percent to end at 615.16 points.
Bank shares continued to provide momentum, as most of them added between 1.4 and 4.2 per cent, including Eximbank (EIB), Vietinbank (CTG), Vietcombank (VCB), Bank for Investment and Development of Vietnam (BID) and Military Bank (MBB).
MBB was also the most active code, trading 7.6 million shares and rising 1.4 percent to close at 14,600 VND (0.68 USD) a share. However, BID was the biggest gainer with a 4.2-percent rise to 17,400 VND (0.81 USD) each. Its trading volume ranked third with 5.7 million shares traded.
Liquidity on the market also rose, with both volume and value doubling the previous day's levels, at 89 million shares worth more than 2.8 trillion VND (131 million USD).
On the Hanoi Stock Exchange, the HNX-Index increased by 1.4 percent to finish at 86.86 points.
Trading also soared here as the market volume grew 47 percent over the previous session, totaling over 63 million shares, and the value of trades climbed 43 percent to reach nearly 700 billion VND (32.7 million USD).
KLF Joint Venture Global Investment Co (KLF) continued to lead the market here in terms of volume, with 11.7 million of its shares being traded at 11,400 VND per share, up 1.8 percent over the previous day.
Foreign investors also turned heads to buy local shares. They picked up combined shares worth 15.3 billion VND (715,000 USD) on the day on the two exchanges.-VNA
In line with strong rises in global stocks, Vietnamese markets also opened high after the news.
On the Ho Chi Minh Stock Exchange, the VN-Index added another 1.36 percent to close at 582.38 points, while the VN30, which tracks the top 30 shares by market value and liquidity, increased by 0.79 percent to end at 615.16 points.
Bank shares continued to provide momentum, as most of them added between 1.4 and 4.2 per cent, including Eximbank (EIB), Vietinbank (CTG), Vietcombank (VCB), Bank for Investment and Development of Vietnam (BID) and Military Bank (MBB).
MBB was also the most active code, trading 7.6 million shares and rising 1.4 percent to close at 14,600 VND (0.68 USD) a share. However, BID was the biggest gainer with a 4.2-percent rise to 17,400 VND (0.81 USD) each. Its trading volume ranked third with 5.7 million shares traded.
Liquidity on the market also rose, with both volume and value doubling the previous day's levels, at 89 million shares worth more than 2.8 trillion VND (131 million USD).
On the Hanoi Stock Exchange, the HNX-Index increased by 1.4 percent to finish at 86.86 points.
Trading also soared here as the market volume grew 47 percent over the previous session, totaling over 63 million shares, and the value of trades climbed 43 percent to reach nearly 700 billion VND (32.7 million USD).
KLF Joint Venture Global Investment Co (KLF) continued to lead the market here in terms of volume, with 11.7 million of its shares being traded at 11,400 VND per share, up 1.8 percent over the previous day.
Foreign investors also turned heads to buy local shares. They picked up combined shares worth 15.3 billion VND (715,000 USD) on the day on the two exchanges.-VNA
