National stocks rose on both bourses on September 24 after it was announced the consumer price index (CPI) in the bigger cities continued to climb.
On the HCM City Stock Exchange, stock advanced for the fourth consecutive day, bringing the market benchmark to a four-week high. The VN-Index shed 0.78 percent to close the day at 482.82 points.
The market bounced back with strong liquidity as green overwhelmed the red on the electric board at the HCM City Stock Exchange. Market sentiment improved as investors realised that the recent decline was excessive, said an analysts of FPT Securities.
The total trading volume on the southern bourse reached 82 million shares worth more than 1.24 trillion VND (60 million USD). Gainers overwhelmed losers by 139-70.
Among the 20 largest capitalisation stocks, VNM and GAS both increased by 1,000 VND per share, VIC rose 500 VND per share, BVH by 900 VND- while VCB rose by a modest 200 VND.
The VN30-Index, tracking the southern bourse's 30 largest stocks in terms of capitalisation and liquidity, also gained 2.98 points to reach 543.23. Among its 30 members, 24 stocks advanced, three declined and three were unmoved.
Market volume rose 80 percent from a day earlier to reach 82 million shares.
On the Hanoi Stock Exchange, the HNX-Index rose 0.31 percent, reaching 59.81 points, but liquidity did not change much.
The market was boosted by the return of cash flows after the market benchmark VN-Index hit a four-month low. The market normally rallies for quite a long time staging a prolonged losing run with improved liquidity.
The HNX 30 Index – which tracks the top 30 stocks calculated on free-float adjusted market capitalisation – added 0.45 point to end at 110.42 points.-VNA
On the HCM City Stock Exchange, stock advanced for the fourth consecutive day, bringing the market benchmark to a four-week high. The VN-Index shed 0.78 percent to close the day at 482.82 points.
The market bounced back with strong liquidity as green overwhelmed the red on the electric board at the HCM City Stock Exchange. Market sentiment improved as investors realised that the recent decline was excessive, said an analysts of FPT Securities.
The total trading volume on the southern bourse reached 82 million shares worth more than 1.24 trillion VND (60 million USD). Gainers overwhelmed losers by 139-70.
Among the 20 largest capitalisation stocks, VNM and GAS both increased by 1,000 VND per share, VIC rose 500 VND per share, BVH by 900 VND- while VCB rose by a modest 200 VND.
The VN30-Index, tracking the southern bourse's 30 largest stocks in terms of capitalisation and liquidity, also gained 2.98 points to reach 543.23. Among its 30 members, 24 stocks advanced, three declined and three were unmoved.
Market volume rose 80 percent from a day earlier to reach 82 million shares.
On the Hanoi Stock Exchange, the HNX-Index rose 0.31 percent, reaching 59.81 points, but liquidity did not change much.
The market was boosted by the return of cash flows after the market benchmark VN-Index hit a four-month low. The market normally rallies for quite a long time staging a prolonged losing run with improved liquidity.
The HNX 30 Index – which tracks the top 30 stocks calculated on free-float adjusted market capitalisation – added 0.45 point to end at 110.42 points.-VNA
