Stocks rise slightly before US vote
Shares slightly increased on November 8 on the two local exchanges with modest trading liquidity as investors were waiting for the result of the US Presidential election.
Illustrative image (Source: VNA)The benchmark VN Index on the HCM Stock Exchange gained 0.3 percent to close at 676.46 points, extending a two-day gain of 1.5 percent.
The HNX Index on the Hanoi Stock Exchange added 0.2 percent to end at 81.26 points. The northern market index has advanced nearly 1 percent after two sessions.
The banking sector was divided into two different halves. Gainers were Vietcombank (VCB), Sacombank (STB), Military Bank (MBB) and Saigon-Hanoi Bank (SHB), while Eximbank (EIB), Vietinbank )CTG) and Asia Commercial Bank (ACB) were among declining stocks. Among brokerage firms, HCM Securities Corp (HCM), Saigon-Hanoi Securities Corp (SHS) and VNDirect Securities Corp (VND) advanced. Two other large-cap brokers, Saigon Securities Inc (SSI) and Bao Viet Securities Corp (BVS) ended flat.
The insurance sector was lifted slightly by Bao Viet Holdings (BVH), BIDV Insurance Corp (BIC) and Bao Minh Insurance Corp (BMI).
Nearly 139 million shares were traded on both local bourses worth 2.22 trillion VND (nearly 99 million USD), an increase of 8.8 percent in trading volume and 9.1 percent in trading value from November 7.-VNA
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