Shares creep up ahead of holiday
Stocks on both the exchanges in Vietnam rose on February 10, reflecting slightly improved liquidity.
Stocks on both the exchanges in Vietnam rose on February 10, reflecting slightly improved liquidity.
Bao Viet Securities Co's analyst Tran Duc Anh predicted that liquidity will continue to remain low during the next couple of days. There are three more market sessions to go before the market closes for the Lunar New Year holiday.
Anh also suggested that investors should limit short-term trading and shift to a medium-term portfolio.
On the Hochiminh Stock Exchange, the VN Index ended at 574.52 points, up 0.17 percent from the previous day’s close.
The VN30 Index also rose slightly by 0.13 percent to reach 595.53 points, assisted by the gains in 12 large-cap stocks among the 30 stocks it tracks.
The 30 blue chips, despite accounting for only a tenth of the bourse's total listed shares, made up for nearly half of the entire HCM City market on February 10 in terms of value.
Overall, the transaction value and volume hit 1.325 trillion VND (62.2 million USD) and 73.8 million shares.
On the Hanoi Stock Exchange, the HNX Index also edged up 0.09 percent to 83.40 points on a turnover of nearly 534.3 billion VND (25 million USD).
The HNX30 Index finished the day at 161.56 points, rising 0.23 percent.-VNA
Bao Viet Securities Co's analyst Tran Duc Anh predicted that liquidity will continue to remain low during the next couple of days. There are three more market sessions to go before the market closes for the Lunar New Year holiday.
Anh also suggested that investors should limit short-term trading and shift to a medium-term portfolio.
On the Hochiminh Stock Exchange, the VN Index ended at 574.52 points, up 0.17 percent from the previous day’s close.
The VN30 Index also rose slightly by 0.13 percent to reach 595.53 points, assisted by the gains in 12 large-cap stocks among the 30 stocks it tracks.
The 30 blue chips, despite accounting for only a tenth of the bourse's total listed shares, made up for nearly half of the entire HCM City market on February 10 in terms of value.
Overall, the transaction value and volume hit 1.325 trillion VND (62.2 million USD) and 73.8 million shares.
On the Hanoi Stock Exchange, the HNX Index also edged up 0.09 percent to 83.40 points on a turnover of nearly 534.3 billion VND (25 million USD).
The HNX30 Index finished the day at 161.56 points, rising 0.23 percent.-VNA