Trades grew strongly in June 11 afternoon session, driving up stock indices on both exchanges.
On the Ho Chi Minh Stock Exchange, the VN-Index added another 0.61 percent to close at 570.36 points with the advancers tripling the decliners.
The VN30 tracking the top 30 stocks by market value and liquidity gained 1.14 percent to end at 615.52 points.
Financial Ocean Group (OGC) and software giant FPT Corp (FPT) were the biggest gainers on June 11 with OGC jumping 4.8 percent to close at 10,900 VND (0.52 USD) a share and FPT up 3.6 percent to 46,500 VND (2.20 USD) each.
Investor sentiment was boosted as the market was steadily spurred by blue chips, bolstering confidence that the current rally would continue.
Both market volume and value were up 10 percent, totalling 85.2 million shares, worth 1.276 trillion VND (60.5 million USD).
Real estate FLC Group (FLC) was again the most active stock with trades of 6.9 million shares, rising 3.85 percent to settle at 10,800 VND a share.
On the Hanoi Stock Exchange, the HNX-Index also gained 1.29 percent to close at 75.92 points while the HNX30 also leapt 2.1 percent to stand at 152.73 points.
The market condition was positive with 137 shares climbing, 50 falling and 172 closing flat.
Overall trading was good as the market volume soared 50 percent over the previous session to nearly 63.4 million shares worth 496 billion VND (23.5 million USD).
Trades on PetroVietnam Construction Corp (PVX) slowed down in the afternoon, but the shares were still the most heavily-traded stock - a whopping 25.7 million. The share price dipped 4.6 percent to close at 4,200 VND.
PVX dropped to the floor price in the last two sessions following news that the company is likely to incur a loss of 300-400 billion VND (14–19 million USD) in the first half of the year and a possible loss of 1 trillion VND (47.4 million USD) for the whole year.
If this happens, PVX will have to leave the stock market as it has posted losses for three consecutive years.
Foreign investors continued to be net buyers on both exchanges on June 11. They picked up combined 64.4 billion VND (3.1 million USD) worth of shares.-VNA
On the Ho Chi Minh Stock Exchange, the VN-Index added another 0.61 percent to close at 570.36 points with the advancers tripling the decliners.
The VN30 tracking the top 30 stocks by market value and liquidity gained 1.14 percent to end at 615.52 points.
Financial Ocean Group (OGC) and software giant FPT Corp (FPT) were the biggest gainers on June 11 with OGC jumping 4.8 percent to close at 10,900 VND (0.52 USD) a share and FPT up 3.6 percent to 46,500 VND (2.20 USD) each.
Investor sentiment was boosted as the market was steadily spurred by blue chips, bolstering confidence that the current rally would continue.
Both market volume and value were up 10 percent, totalling 85.2 million shares, worth 1.276 trillion VND (60.5 million USD).
Real estate FLC Group (FLC) was again the most active stock with trades of 6.9 million shares, rising 3.85 percent to settle at 10,800 VND a share.
On the Hanoi Stock Exchange, the HNX-Index also gained 1.29 percent to close at 75.92 points while the HNX30 also leapt 2.1 percent to stand at 152.73 points.
The market condition was positive with 137 shares climbing, 50 falling and 172 closing flat.
Overall trading was good as the market volume soared 50 percent over the previous session to nearly 63.4 million shares worth 496 billion VND (23.5 million USD).
Trades on PetroVietnam Construction Corp (PVX) slowed down in the afternoon, but the shares were still the most heavily-traded stock - a whopping 25.7 million. The share price dipped 4.6 percent to close at 4,200 VND.
PVX dropped to the floor price in the last two sessions following news that the company is likely to incur a loss of 300-400 billion VND (14–19 million USD) in the first half of the year and a possible loss of 1 trillion VND (47.4 million USD) for the whole year.
If this happens, PVX will have to leave the stock market as it has posted losses for three consecutive years.
Foreign investors continued to be net buyers on both exchanges on June 11. They picked up combined 64.4 billion VND (3.1 million USD) worth of shares.-VNA
