Stocks on the Ho Chi Minh City Stock Exchange bounced back on October 2, sending the market index back to a five-week high, as the buying force intensified amid growing optimism in a rally driven by better economic performances.
Investors were delighted with the ongoing upward trend, a stock analyst in Hanoi said. The market sentiment was also boosted by worldwide rallies despite the US government shut down for a budgetary shortage.
The VN-Index added 0.44 percent to end the day at 494.39 points on October 2.
The Ho Chi Minh City Stock Exchange saw 157 stocks advance, 59 tumble, 62 close unchanged, and 26 remained untraded, according to FPT Securities.
At the end of the day the VCB rose 0.7 percent to finish at 27,900 VND per share and the MSN increased 0.6 percent to end at 86,000 VND per share
On the Ho Chi Minh City Stock Exchange, foreign investors remained net buyers for the fifth consecutive trading sessions with 2.56 million shares worth 50.66 billion VND.
The VN30-Index gained 0.56 per cent to close at 552.73. Among its 30 members, 22 stocks advanced, two declined and six were unmoved.
Tan Tao Investment – Industry Corporation (ITA), the most active stock with 9.6 million shares changing hands, surged 5.1 per cent to finish at 6,200 VND.
FLC Group (FLC) came second in market volume with 7.2 million shares traded, jumping 6.4 percent to end at 5,000 VND.
Hoang Quan Consulting Trading Service Real Estate Corporation (HQC) climbed 3.4 percent to end at 6,100 VND on a trade of 3 million shares – the third most active on the gauge.
At the close, 22 stocks were traded at the upper limit which was capped at 7 percent by market regulators.
On the Hanoi Stock Exchange, the HNX-Index also rebounded, the ninth gain in 10 days, bringing the market benchmark HNX-Index to a one-month high.
The HNX-Index rose 0.2 per cent to close at 61.05.
Foreign investors on the Hanoi Stock Exchange were also the net buyers for the sixth consecutive day. On October 2 they purchased 745,400 share worth 4.35 billion VND and sold 169,280 shares valued at 2.18 billion VND.
SHB slipped 1.5 percent to 6,700 VND per share, while DBC rose 1.8 percent to end at 17,000 VND per share.
Meanwhile, the HNX 30 Index, composed of the bourse's top 30 stocks in term of capitalisation and liquidity, gained 0.6 percent to end at 113.97 points.-VNA
Investors were delighted with the ongoing upward trend, a stock analyst in Hanoi said. The market sentiment was also boosted by worldwide rallies despite the US government shut down for a budgetary shortage.
The VN-Index added 0.44 percent to end the day at 494.39 points on October 2.
The Ho Chi Minh City Stock Exchange saw 157 stocks advance, 59 tumble, 62 close unchanged, and 26 remained untraded, according to FPT Securities.
At the end of the day the VCB rose 0.7 percent to finish at 27,900 VND per share and the MSN increased 0.6 percent to end at 86,000 VND per share
On the Ho Chi Minh City Stock Exchange, foreign investors remained net buyers for the fifth consecutive trading sessions with 2.56 million shares worth 50.66 billion VND.
The VN30-Index gained 0.56 per cent to close at 552.73. Among its 30 members, 22 stocks advanced, two declined and six were unmoved.
Tan Tao Investment – Industry Corporation (ITA), the most active stock with 9.6 million shares changing hands, surged 5.1 per cent to finish at 6,200 VND.
FLC Group (FLC) came second in market volume with 7.2 million shares traded, jumping 6.4 percent to end at 5,000 VND.
Hoang Quan Consulting Trading Service Real Estate Corporation (HQC) climbed 3.4 percent to end at 6,100 VND on a trade of 3 million shares – the third most active on the gauge.
At the close, 22 stocks were traded at the upper limit which was capped at 7 percent by market regulators.
On the Hanoi Stock Exchange, the HNX-Index also rebounded, the ninth gain in 10 days, bringing the market benchmark HNX-Index to a one-month high.
The HNX-Index rose 0.2 per cent to close at 61.05.
Foreign investors on the Hanoi Stock Exchange were also the net buyers for the sixth consecutive day. On October 2 they purchased 745,400 share worth 4.35 billion VND and sold 169,280 shares valued at 2.18 billion VND.
SHB slipped 1.5 percent to 6,700 VND per share, while DBC rose 1.8 percent to end at 17,000 VND per share.
Meanwhile, the HNX 30 Index, composed of the bourse's top 30 stocks in term of capitalisation and liquidity, gained 0.6 percent to end at 113.97 points.-VNA
