Shares reversed last week's downward trend on the Ho Chi Minh City bourse with a strong gain on February 10, as liquidity remained high.
The VN-Index advanced 1.12 percent to end at 555.9 points on the exchange, which has more than 110 million shares listed. The total trading value reached 1.94 trillion VND (92.38 million USD).
The green colour spread across the board with 174 advancers, overwhelming 51 decliners.
Also, the upward trend was stable from the late morning trading session, with improved purchasing power.
Of the southern bourse's top 30 shares by capitalisation and liquidity, 23 increased, while only four dropped.
Tracking these stocks, the VN30-Index rose 1.38 percent to close at 631.42 points.
Hoang Anh Gia Lai (HAG) was the most active stock on February 10, jumping 1,500 VND (0.071 USD) to the ceiling price of 24,300 VND (1.15 USD), with 5.7 million shares traded, ranking second on the southern bourse by liquidity.
Gains of blue chips also came from FPT Group (FPT), which rose by 2,000 VND (0.095 USD) per share, PetroVietnam Drilling (PVD) and real estate giant Vingroup (VIC), each rising by 1,500 VND (0.071 USD) per share, and Hoa Sen Group (HSG) and HCM City Infrastructure Investment (CII), each increasing by 1,100 VND (0.052 USD) per share.
Other advancers included Masan Group (MSN), Vietcombank (VCB), Ree Corporation (REE) and PetroVietnam Fertilisers and Chemicals Corporation (DPM).
Despite gains by the blue chips on February 10, the market spotlight still fell on the penny and mid-caps.
On the northern bourse, the HNX-Index edged up 1.04 percent to 75.56 points, while the HNXFF-Index, tracking the capital city's stocks with a minimum free float rate of 5 percent, gained 1.41 percent to 75.15 points.
As 69.4 million shares changed hands, the total trading value reached 534.7 million VND (25.46 million USD).
Composed of the city's top 30 shares, the HNX30-Index jumped 1.91 percent to end at 149.33 points.
According to FPT Securities, the market trend will remain positive, supported by expectations that regulations to increase foreign stakes will be issued soon, along with encouraging news from the global and domestic markets.
However, in the short term, the market will continue to be volatile.-VNA
The VN-Index advanced 1.12 percent to end at 555.9 points on the exchange, which has more than 110 million shares listed. The total trading value reached 1.94 trillion VND (92.38 million USD).
The green colour spread across the board with 174 advancers, overwhelming 51 decliners.
Also, the upward trend was stable from the late morning trading session, with improved purchasing power.
Of the southern bourse's top 30 shares by capitalisation and liquidity, 23 increased, while only four dropped.
Tracking these stocks, the VN30-Index rose 1.38 percent to close at 631.42 points.
Hoang Anh Gia Lai (HAG) was the most active stock on February 10, jumping 1,500 VND (0.071 USD) to the ceiling price of 24,300 VND (1.15 USD), with 5.7 million shares traded, ranking second on the southern bourse by liquidity.
Gains of blue chips also came from FPT Group (FPT), which rose by 2,000 VND (0.095 USD) per share, PetroVietnam Drilling (PVD) and real estate giant Vingroup (VIC), each rising by 1,500 VND (0.071 USD) per share, and Hoa Sen Group (HSG) and HCM City Infrastructure Investment (CII), each increasing by 1,100 VND (0.052 USD) per share.
Other advancers included Masan Group (MSN), Vietcombank (VCB), Ree Corporation (REE) and PetroVietnam Fertilisers and Chemicals Corporation (DPM).
Despite gains by the blue chips on February 10, the market spotlight still fell on the penny and mid-caps.
On the northern bourse, the HNX-Index edged up 1.04 percent to 75.56 points, while the HNXFF-Index, tracking the capital city's stocks with a minimum free float rate of 5 percent, gained 1.41 percent to 75.15 points.
As 69.4 million shares changed hands, the total trading value reached 534.7 million VND (25.46 million USD).
Composed of the city's top 30 shares, the HNX30-Index jumped 1.91 percent to end at 149.33 points.
According to FPT Securities, the market trend will remain positive, supported by expectations that regulations to increase foreign stakes will be issued soon, along with encouraging news from the global and domestic markets.
However, in the short term, the market will continue to be volatile.-VNA
