Shares advanced on both national stock exchanges on October 17 followingthe news that the US Congress approved a deal to lift the USgovernment's borrowing limit and end the partial government shutdown.
On the Ho Chi Minh City Stock Exchange, the VN-Indexgained 0.13 percent over the session of the day to reach 499.59 points,below the 500-point level recorded in October 17 morning.
Trading value reached 956.16 billion VND (45.53 million USD) onexchange of more than 64 million shares - the highest volume during thelast five days.
Shares of many logistics firmsincreased to their ceiling prices yesterday, including the Viet NamOcean Shipping Company (VOS), which reached its ceiling price for thethird day in a row.
Vitranschart JSC (VST) hit its ceiling price for the fourth day and the Vietnam Tanker (VTO) for the second day.
The VN30-Index, tracking the southern bourse's largest shares bycapitalisation and liquidity, gained 0.11 per cent to close at 557.79points.
Fifteen codes edged up while four lost.Decliners included Southern Industrial Rubber Company (CSM), Sacombank(STB), Vietcombank (VCB) and Vinamilk (VNM) which lost 100 – 1,000 VNDper share.
Tan Tao Group (ITA) led the bourse interm of trading volume yesterday with more than 3.2 million shareschanging hands. Then came PetroVietnam Transport Corporation (PVT) with2.86 million shares traded and Hoang Anh Gia Lai Group with 2.62 millionshares.
On the Hanoi Stock Exchange, the HNX-Indexfinished the day at 61.36 points, 0.38 percent higher, on trading ofmore than 40.6 million shares with a total value of 296.5 billion VND(14.12 million USD).
The HNX30-Index, composed of the capital city's top shares, closed 0.79 percent higher at 114.62 points.
According to FPT Securities, liquidity improved in recent tradingsessions and speculative cash returned with caution as the VN-Indexfluctuated around the 500-point level.
Foreignbuyers concluded the day with a net value of 47.98 billion VND (2.28million USD). Sai Gon - Hanoi Bank (SHB) attracted foreign investorsyesterday with a net purchase value of 16.1 billion VND (766,000 USD).
However, Bao Viet Securities said that the recentconsecutive net buying from foreign investors when the VN-Indexapproached the 500-point level was unusual.
In the past, foreign investors often boosted sales when the benchmark neared the crucial level, it said.-VNA