Stocks end week on a high
Stocks extended the gains on June 13 on both exchanges, rounding out a successful week with a five-day rally.
Stocks extended the gains on June 13 on both exchanges, rounding out a successful week with a five-day rally.
On the Ho Chi Minh City Stock Exchange, the VN-Index added another 0.12 per cent to close the session at 574.48 points, but saw liquidity evaporate.
Market volume declined 24.6 percent from June 12, totaling 72.4 million, while the value of trades fell 21 percent, reaching 1.128 trillion VND (53.5 million USD).
Market sentiment was positive as advancers outnumbered decliners by 118-79 and 104 shares closed flat.
Several blue chips were again leading market momentum.
Steelmaker Hoa Phat Group (HPG), one of the top 30 shares by market value and liquidity, rose 4.2 per cent to close at 52,000 VND (2.46 USD) on trades of 1.72 million shares exchanged.
Other gainers included Hoa Sen Group (HSG), Bao Viet Holdings (BVH) and Refrigeration Electrical Engineering Corp (REE) with increases from 1.8-3.3 percent.
The VN30 inched up 0.26 percent to 617.73 points.
Real estate giant FLC Group (FLC) continued to be the most active stock on the southern bourse on total trades of 5.67 million shares, but the price was down 0.93 percent to settle at 10,700 VND a share.
On the Hanoi Stock Exchange, the HNX-Index also grew by 0.51 percent to end the session at 76.68 points.
Blue chips were also the biggest gainers with the HNX30 up 0.37 percent to stand at 153.50 points.
Overall market breadth was good as 117 stocks climbed, 76 tumbled and 166 were unmoved.
Trading volume deviated little from the previous session, totaling more than 47 million shares worth 485.7 billion VND (23 million USD).
Without support information, FLC Joint Venture Global Investment JSC (KLF) surprised the market to become the most active stock, with nearly 7 million shares traded, surging 6.4 percent to close at 11,700 VND per share.
Foreign investors showed mixed activity but were still net buyers on the Hanoi exchange, picking up shares worth nearly 19 billion VND. However, they were net sellers on the Ho Chi Minh City bourse, unloading shares worth 4.11 billion VND (195,000 USD).-VNA
On the Ho Chi Minh City Stock Exchange, the VN-Index added another 0.12 per cent to close the session at 574.48 points, but saw liquidity evaporate.
Market volume declined 24.6 percent from June 12, totaling 72.4 million, while the value of trades fell 21 percent, reaching 1.128 trillion VND (53.5 million USD).
Market sentiment was positive as advancers outnumbered decliners by 118-79 and 104 shares closed flat.
Several blue chips were again leading market momentum.
Steelmaker Hoa Phat Group (HPG), one of the top 30 shares by market value and liquidity, rose 4.2 per cent to close at 52,000 VND (2.46 USD) on trades of 1.72 million shares exchanged.
Other gainers included Hoa Sen Group (HSG), Bao Viet Holdings (BVH) and Refrigeration Electrical Engineering Corp (REE) with increases from 1.8-3.3 percent.
The VN30 inched up 0.26 percent to 617.73 points.
Real estate giant FLC Group (FLC) continued to be the most active stock on the southern bourse on total trades of 5.67 million shares, but the price was down 0.93 percent to settle at 10,700 VND a share.
On the Hanoi Stock Exchange, the HNX-Index also grew by 0.51 percent to end the session at 76.68 points.
Blue chips were also the biggest gainers with the HNX30 up 0.37 percent to stand at 153.50 points.
Overall market breadth was good as 117 stocks climbed, 76 tumbled and 166 were unmoved.
Trading volume deviated little from the previous session, totaling more than 47 million shares worth 485.7 billion VND (23 million USD).
Without support information, FLC Joint Venture Global Investment JSC (KLF) surprised the market to become the most active stock, with nearly 7 million shares traded, surging 6.4 percent to close at 11,700 VND per share.
Foreign investors showed mixed activity but were still net buyers on the Hanoi exchange, picking up shares worth nearly 19 billion VND. However, they were net sellers on the Ho Chi Minh City bourse, unloading shares worth 4.11 billion VND (195,000 USD).-VNA
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