Business

Shares bounce back on exchanges

Shares gained on both of the nation's stock exchanges on Dec. 21.
Shares gained on both of the nation's stock exchanges on Dec. 21.

On the HCM Stock Exchange, the VN-Index closed at 367.72 points, a gainof 0.56 percent over Dec. 20's close. Trading was active but mixed, withthe value of trades surging nearly 66 percent to about 1.24 trillionVND (58.3 million USD). Volume hit 47.3 million shares.

Of the 10leading shares by capitalisation, half added value. Property developerVincom (VIC) surged to its ceiling price of 99,500 VND (4.75 USD) pershare, while Eximbank (EIB), food processor Masan Group (MSN), Sacombank(STB), Military Bank (MBB) and Vietcombank (VCB) all rose by 0.9-1.9percent.

Heavy sales caused telecom equipment distributor Sacom(SAM) to claim the spot as most-active share, with a volume of 2.1million traded, even as it bottomed out to just VND4,600 per share.

Onthe Hanoi Stock Exchange, the HNX-Index also closed up 0.78 percent to59.79 points. Value decreased by 13.7 percent, however, to only 209.6billion VND (9.8 million USD) on a meagre volume of just over 24 millionshares./.
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