National stocks rose on both bourses on September 24 after it wasannounced the consumer price index (CPI) in the bigger cities continuedto climb.
On the HCM City Stock Exchange, stockadvanced for the fourth consecutive day, bringing the market benchmarkto a four-week high. The VN-Index shed 0.78 percent to close the day at482.82 points.
The market bounced back with strongliquidity as green overwhelmed the red on the electric board at the HCMCity Stock Exchange. Market sentiment improved as investors realisedthat the recent decline was excessive, said an analysts of FPTSecurities.
The total trading volume on the southernbourse reached 82 million shares worth more than 1.24 trillion VND (60million USD). Gainers overwhelmed losers by 139-70.
Among the 20 largest capitalisation stocks, VNM and GAS both increasedby 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 ofcapitalisation and liquidity, also gained 2.98 points to reach 543.23.Among its 30 members, 24 stocks advanced, three declined and three wereunmoved.
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 marketbenchmark VN-Index hit a four-month low. The market normally rallies forquite a long time staging a prolonged losing run with improvedliquidity.
The HNX 30 Index – which tracks the top 30stocks calculated on free-float adjusted market capitalisation – added0.45 point to end at 110.42 points.-VNA