Busier trading on Jan. 26 on the Ho Chi Minh Stock Exchange helped the VN-Index pull off an overall gain of 0.92 percent on an otherwise sluggish week, closing on Friday at 481.96 points.
On the Hanoi Stock Exchange, the HNX-Index rose by an even more substantial 1.96 percent on the week, to a Friday close of 160.35.
The State Bank of Vietnam ’s announcement on Jan. 26 that it would keep the prime rate unchanged through February helped calm investor worries about reignited inflation.
Despite the rallying indices, trading volumes remained poor, at a daily average of less than 25.8 million shares on the southern bourse, worth a daily average of just over 1 trillion VND (57.3 million USD), a decline of 26.7 percent from the previous week.
In Hanoi , meanwhile, the average daily value of trades dropped 20.8 percent from the previous week to 530 billion VND (28.6 million USD), averaging a volume of 16.72 million shares./.
On the Hanoi Stock Exchange, the HNX-Index rose by an even more substantial 1.96 percent on the week, to a Friday close of 160.35.
The State Bank of Vietnam ’s announcement on Jan. 26 that it would keep the prime rate unchanged through February helped calm investor worries about reignited inflation.
Despite the rallying indices, trading volumes remained poor, at a daily average of less than 25.8 million shares on the southern bourse, worth a daily average of just over 1 trillion VND (57.3 million USD), a decline of 26.7 percent from the previous week.
In Hanoi , meanwhile, the average daily value of trades dropped 20.8 percent from the previous week to 530 billion VND (28.6 million USD), averaging a volume of 16.72 million shares./.
