The VN-Index returned to positive territory on March 3, gaining 1.26 percent to close the day at 507.32 points.
The value of trades on the HCM Stock Exchange remained at about 1.5 trillion VND (78.9 million USD) on an overall volume of 37.3 million shares. Sacombank (STB) returned to its position as the most-active share, buoyed by its announced plan to increase charter capital to over 9 trillion VND (473.7 million USD).
A statement by State Bank of Vietnam governor Nguyen Van Giau early on March 3 that commercial banks currently have about 30 trillion VND (1.6 billion USD) in disposable capital available, helped lift the spirit of domestic investors as well as boost banking and financial shares during the day’s trading.
At the Hanoi Stock Exchange, the HNX-Index closed up an even more impressive 2.9 percent to 170.22. Trading became busier, generating a turnover of 1.1 trillion VND (57.9 million USD) on a volume of 32.9 million shares. Kim Long Securities Co (KLS) continued its impressive showing, racking up a volume of 5.8 million trades.
Foreign investors returned to being net buyers again on March 3 on the HCM City market, picking up a net of nearly 300,000 shares./.
The value of trades on the HCM Stock Exchange remained at about 1.5 trillion VND (78.9 million USD) on an overall volume of 37.3 million shares. Sacombank (STB) returned to its position as the most-active share, buoyed by its announced plan to increase charter capital to over 9 trillion VND (473.7 million USD).
A statement by State Bank of Vietnam governor Nguyen Van Giau early on March 3 that commercial banks currently have about 30 trillion VND (1.6 billion USD) in disposable capital available, helped lift the spirit of domestic investors as well as boost banking and financial shares during the day’s trading.
At the Hanoi Stock Exchange, the HNX-Index closed up an even more impressive 2.9 percent to 170.22. Trading became busier, generating a turnover of 1.1 trillion VND (57.9 million USD) on a volume of 32.9 million shares. Kim Long Securities Co (KLS) continued its impressive showing, racking up a volume of 5.8 million trades.
Foreign investors returned to being net buyers again on March 3 on the HCM City market, picking up a net of nearly 300,000 shares./.
