Stocks gained value for a third consecutive day on both of the nation's stock exchanges on Aug.31.
"Financial, consumer goods and heavy industry shares continued to leadthe HCM Stock Exchange, while petroleum, technology andtelecommunications made up the top shares on the northern bourse," saidACB Securities Co analyst Nguyen Duy Phong.
In HCMCity , the VN-Index edged up 1.3 per cent to close at 424.71 points,with nearly half of all listed codes posting gains. The value of tradesjumped 6 per cent over Tuesday's level to 784.3 billion VND (38.1million USD) on a volume of 47.7 million shares.
Of the 10leading shares by capitalisation, food processor Masan Group ( MSN )and property developer Vincom (VIC) hit their ceiling prices, closing at107,000 VND and 118,000 VND per share, respectively. Vietinbank (CTG)followed, with a gain of 2.7 per cent, while Phu My Fertilisers (DPM)also closed up by 1.2 per cent.
Saigon Securities Inc (SSI), which rose 3.6 per cent during the session, was the most-active share, with 3.3 million traded.
Vien Dong Pharmaceuticals ( DVD ), forced into involuntary bankruptcyproceedings last month, will see its final day trading on the HCMCity bourse today.
On the Ha Noi Stock Exchangeyesterday, the HNX-Index rose by nearly 0.9 per cent to conclude thesession at 73.19 points. However, the value of trades slid by 2.1 percent from the previous session to 740.5 billion VND (35.9 million USD),while the volume of trades also eased slightly to 66 million shares.
VNDirect Securities Co (VND) surpassed Kim Long Securities Co (KLS) toclaim the spot as most-active share nationwide, with nearly 8.8 millionshares changing hands. KLS saw a volume of 8.66 million.
"Sell pressures have started to become more intense, especially amongsome bluechips," said PetroVietnam Securities Co analyst Dao Hong Duong."In addition, foreign investors have been selling more heavily.Profit-taking will weigh on upcoming sessions."./.
"Financial, consumer goods and heavy industry shares continued to leadthe HCM Stock Exchange, while petroleum, technology andtelecommunications made up the top shares on the northern bourse," saidACB Securities Co analyst Nguyen Duy Phong.
In HCMCity , the VN-Index edged up 1.3 per cent to close at 424.71 points,with nearly half of all listed codes posting gains. The value of tradesjumped 6 per cent over Tuesday's level to 784.3 billion VND (38.1million USD) on a volume of 47.7 million shares.
Of the 10leading shares by capitalisation, food processor Masan Group ( MSN )and property developer Vincom (VIC) hit their ceiling prices, closing at107,000 VND and 118,000 VND per share, respectively. Vietinbank (CTG)followed, with a gain of 2.7 per cent, while Phu My Fertilisers (DPM)also closed up by 1.2 per cent.
Saigon Securities Inc (SSI), which rose 3.6 per cent during the session, was the most-active share, with 3.3 million traded.
Vien Dong Pharmaceuticals ( DVD ), forced into involuntary bankruptcyproceedings last month, will see its final day trading on the HCMCity bourse today.
On the Ha Noi Stock Exchangeyesterday, the HNX-Index rose by nearly 0.9 per cent to conclude thesession at 73.19 points. However, the value of trades slid by 2.1 percent from the previous session to 740.5 billion VND (35.9 million USD),while the volume of trades also eased slightly to 66 million shares.
VNDirect Securities Co (VND) surpassed Kim Long Securities Co (KLS) toclaim the spot as most-active share nationwide, with nearly 8.8 millionshares changing hands. KLS saw a volume of 8.66 million.
"Sell pressures have started to become more intense, especially amongsome bluechips," said PetroVietnam Securities Co analyst Dao Hong Duong."In addition, foreign investors have been selling more heavily.Profit-taking will weigh on upcoming sessions."./.
