Stock market recovers on July 6 hinh anh 1Investors at the Ho Chi Minh City Stock Exchange (Photo: VNA)

Hanoi (VNA) – Despite the effects of the US’s tariff measures on 34 billion USD of Chinese goods, Asian stock markets made a recovery, including the domestic stock market which was thriving once again on July 6 after reaching the rock-bottom a day earlier.

Concluding the July 6 session, the VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose 18.11 points to 917.51 points, with 159 million shares sold for over 3.7 trillion VND (163.2 million USD).

The prices of 208 ticker codes increased, while that of only 85 codes declined.

On the Hanoi Stock Exchange (HNX), the HNX-Index also enjoyed a rise of 4.31 points to reach 100.7 points. More than 47,600 shares were sold, with total transaction value at 636 billion VND (28 million USD). Upturn was seen in the prices of 95 codes, while 59 codes suffered from falls.

In the VN30 group, the top 30 stocks in terms of market capitalisation and liquidity on the HoSE, the prices of many codes surged strongly, including BID, CTG, GAS, BVH, CTD, MWG, VJC, and VNM.

The increase in shares of banks also pushed the whole market up. Many codes reached ceiling prices, including ACB, BID, CTG, MBB, SHB, STB, and VPB.

In the financial services segment, the prices of HCM and VND also touched the ceiling at 53,500 VND each and 17,100 VND each, respectively. Meanwhile, drops were recorded in many other codes such as DSC, HAC, IBC, and VCI. Notably, the prices of IVS and PIV hit the floor.

Foreign investors sold 7.87 million shares on the HoSE for 356.56 billion VND, and over 627,700 shares on the HNX for 11.55 billion VND.-VNA