The VN-Index soared to a five-year high of 607.73 points on August 5, up1.45 percent over the previous day. The rise was again due to ralliesmade by blue chips.
The biggest stock in terms of market valueon the Ho Chi Minh Stock Exchange, PV Gas (GAS), surged 4.5 percent toclose at 117,000 VND (5.55 USD) per share after the corporation posted a6 percent rise in second-quarter profit.
Software giant FPTCorporation (FPT), a member of the top 30 shares by market value andliquidity, also jumped 3 percent to end at 51,500 VND (1.44 USD) ashare. The group on August 4 appointed Tomokazu Hamaguchi, Chairman ofJapan Information Technology Services Industry Association, to itsmanagement board.
Hamaguchi was former president and CEO of NTTData Corporation, the sixth largest global IT services company and aFortune 32 telecommunications and IT services company. The move showsFPT's ambition to reach out to the world.
The VN30, which tracksthe top 30 shares with the highest market value and liquidity, went up0.72 percent to close at 643.56 points.
Overall trading waspositive as market volume increased 20 percent over the previoussession, totalling 86.6 million shares and fund certificates, worthnearly 1.62 trillion VND (77 million USD), up 35 percent on August 4.
Realestate FLC Group (FLC) continued to be the most active code on thesouthern bourse with 8.5 million shares traded. The share price alsorose 2.3 percent to end at 13,400 VND (0.64 USD).
On the HanoiStock Exchange, the HNX-Index also gained 0.74 percent to end at 80.12points, the highest close since October 2009.
Blue chips were the main support as the HNX30 grew 1.21 percent to stand at 160.86 points.
Tradingbecame busy in the afternoon, lifting market volume up 50 percent abovethe previous day to nearly 44 million shares. Value of trades also rose40 percent to 573 billion VND (27 million USD).
PetroVietnamConstruction Corporation (PVX) was the leading stock in terms of volumewith 7.5 million shares, climbing 4.4 percent to touch 4,700 VND.
Bycontrast to the enthusiasm of domestic investors, foreignersunexpectedly sold shares across the two bourses. They were responsiblefor a combined net sell value of nearly 72.5 billion VND (3.4 millionUSD).-VNA
The biggest stock in terms of market valueon the Ho Chi Minh Stock Exchange, PV Gas (GAS), surged 4.5 percent toclose at 117,000 VND (5.55 USD) per share after the corporation posted a6 percent rise in second-quarter profit.
Software giant FPTCorporation (FPT), a member of the top 30 shares by market value andliquidity, also jumped 3 percent to end at 51,500 VND (1.44 USD) ashare. The group on August 4 appointed Tomokazu Hamaguchi, Chairman ofJapan Information Technology Services Industry Association, to itsmanagement board.
Hamaguchi was former president and CEO of NTTData Corporation, the sixth largest global IT services company and aFortune 32 telecommunications and IT services company. The move showsFPT's ambition to reach out to the world.
The VN30, which tracksthe top 30 shares with the highest market value and liquidity, went up0.72 percent to close at 643.56 points.
Overall trading waspositive as market volume increased 20 percent over the previoussession, totalling 86.6 million shares and fund certificates, worthnearly 1.62 trillion VND (77 million USD), up 35 percent on August 4.
Realestate FLC Group (FLC) continued to be the most active code on thesouthern bourse with 8.5 million shares traded. The share price alsorose 2.3 percent to end at 13,400 VND (0.64 USD).
On the HanoiStock Exchange, the HNX-Index also gained 0.74 percent to end at 80.12points, the highest close since October 2009.
Blue chips were the main support as the HNX30 grew 1.21 percent to stand at 160.86 points.
Tradingbecame busy in the afternoon, lifting market volume up 50 percent abovethe previous day to nearly 44 million shares. Value of trades also rose40 percent to 573 billion VND (27 million USD).
PetroVietnamConstruction Corporation (PVX) was the leading stock in terms of volumewith 7.5 million shares, climbing 4.4 percent to touch 4,700 VND.
Bycontrast to the enthusiasm of domestic investors, foreignersunexpectedly sold shares across the two bourses. They were responsiblefor a combined net sell value of nearly 72.5 billion VND (3.4 millionUSD).-VNA
