Market rebounds, fueled by blue chips
On the HCM Stock Exchange, the VN-Index finished August 14’s session at
503.57 points, an increase of 1.17 percent over a day earlier.
On the HCM Stock Exchange, the VN-Index finished August 14’s session at
503.57 points, an increase of 1.17 percent over a day earlier.
Up to 25 of the top 30 shares by market capitalisation and liquidity advanced while only one declined, lifting the VN30 up 0.72 percent at 554.34 points.
PV Gas (GAS) hit a record high price at 70,500 VND (3.36 USD) a share, a rise of 3.7 percent compared to the previous session. Among 1.3 million shares exchanged, foreign investors bought 435,000 shares.
Other large caps including PetroVietnam Drilling and Well Services (PVD), dairy giant Vinamilk (VNM), insurer Boa Viet Holding (BVH) and property developer Hoang Anh Gia Lai Group (HAG) increased from 1.5-2.6 percent.
However, total trading volume and value were little changed compared with the previous session, reaching 35.6 million shares and fund certificates worth nearly 682 billion VND (32.5 million USD).
Tan Tao Investment Industry Corp (ITA) remained the most active stock by the end of the session on trades of 2.8 million shares, surging 5.56 percent to end at 5,700 VND a share.
On the Hanoi Stock Exchange, the HNX-Index also gained 1.12 percent to close at 61.91 points.
While market volume was down slightly at 18 million shares, the value of trades rose by 60 percent to 238 billion VND (11.3 million USD).
The shares to receive most attention on the day included Kim Long Securities Co (KLS), PetroVietnam Construction (PVX) and Sai Gon-Hanoi Bank (SHB) with each code having more than 2 million shares traded.
PVX gained the most with a rise of 5.13 percent to 4,100 VND while KLS and SHB increased by more than 1 percent.
The foreign sector continued to be net buyers on both exchanges yesterday with an improved trading of more than 43 billion VND (2 million USD) worth of shares.-VNA
Up to 25 of the top 30 shares by market capitalisation and liquidity advanced while only one declined, lifting the VN30 up 0.72 percent at 554.34 points.
PV Gas (GAS) hit a record high price at 70,500 VND (3.36 USD) a share, a rise of 3.7 percent compared to the previous session. Among 1.3 million shares exchanged, foreign investors bought 435,000 shares.
Other large caps including PetroVietnam Drilling and Well Services (PVD), dairy giant Vinamilk (VNM), insurer Boa Viet Holding (BVH) and property developer Hoang Anh Gia Lai Group (HAG) increased from 1.5-2.6 percent.
However, total trading volume and value were little changed compared with the previous session, reaching 35.6 million shares and fund certificates worth nearly 682 billion VND (32.5 million USD).
Tan Tao Investment Industry Corp (ITA) remained the most active stock by the end of the session on trades of 2.8 million shares, surging 5.56 percent to end at 5,700 VND a share.
On the Hanoi Stock Exchange, the HNX-Index also gained 1.12 percent to close at 61.91 points.
While market volume was down slightly at 18 million shares, the value of trades rose by 60 percent to 238 billion VND (11.3 million USD).
The shares to receive most attention on the day included Kim Long Securities Co (KLS), PetroVietnam Construction (PVX) and Sai Gon-Hanoi Bank (SHB) with each code having more than 2 million shares traded.
PVX gained the most with a rise of 5.13 percent to 4,100 VND while KLS and SHB increased by more than 1 percent.
The foreign sector continued to be net buyers on both exchanges yesterday with an improved trading of more than 43 billion VND (2 million USD) worth of shares.-VNA
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