Ho Chi Minh City shares finished the December 26 session higher, as the VN-Index reached 506.55 points, up 0.42 percent.
Trading value on the Ho Chi Minh City Stock Exchange jumped 39.7percent over the December 25 session to 1.37 trillion VND (64.6 millionUSD), as 82.9 million shares changed hands.
Meanwhile, the VN30 Index, tracking the city's 30 leading shares interms of capitalisation and liquidity, rose more than 0.2 percent to562.45 points.
Also, many blue chips saw increasingtrading volume through the negotiation method, such as private equitygroup Masan (MSN) with 2 million units, financial conglomerate OceanGroup (OGC) with 6.9 million units and Vinamilk (VNM) with 248,000units. These three stocks declined between 0.6-1.8 percent.
Property developer Tan Tao (ITA) was the most active stock in Ho ChiMinh City with nearly 10.5 million shares exchanged, edging up 1.5percent.
On the Hanoi Stock Exchange, the benchmarkHNX-Index lost 0.15 percent to 68.10 points, while the HNX30, composedof the northern bourse's top shares, shed 0.42 percent to 128.36 points.
Trading value and volume, however, climbed 12.5percent, compared to the previous day, to 430.4 billion VND (20.3million USD) and 57 million shares.
PetroVietnamConstruction (PVX) was the most notable stock in Hanoi on December 26,although it only closed at the reference price. Investors traded over 22million PVX shares, accounting for 39 percent of the exchange's volume.
Foreign investors bought a net of 124.55 billionVND (5.8 million USD), rising 60.7 per cent compared to the December 25level.
As there has not been any support due toeconomic information, the major impact to the domestic stock market isthe cash status of investors.
"Interbank interestrates have been increasing since earlier this week, but the rise was nottoo large," said Bao Viet Securities Co's Tran Hai Yen.
Year-end was typically the peak in demand for money, therefore the liquidity of banks would be affected, she added.
"However, it is only a short-term change, and the overall liquidity ofthe system will be assured thanks to a higher funding rate than creditgrowth."-VNA
Trading value on the Ho Chi Minh City Stock Exchange jumped 39.7percent over the December 25 session to 1.37 trillion VND (64.6 millionUSD), as 82.9 million shares changed hands.
Meanwhile, the VN30 Index, tracking the city's 30 leading shares interms of capitalisation and liquidity, rose more than 0.2 percent to562.45 points.
Also, many blue chips saw increasingtrading volume through the negotiation method, such as private equitygroup Masan (MSN) with 2 million units, financial conglomerate OceanGroup (OGC) with 6.9 million units and Vinamilk (VNM) with 248,000units. These three stocks declined between 0.6-1.8 percent.
Property developer Tan Tao (ITA) was the most active stock in Ho ChiMinh City with nearly 10.5 million shares exchanged, edging up 1.5percent.
On the Hanoi Stock Exchange, the benchmarkHNX-Index lost 0.15 percent to 68.10 points, while the HNX30, composedof the northern bourse's top shares, shed 0.42 percent to 128.36 points.
Trading value and volume, however, climbed 12.5percent, compared to the previous day, to 430.4 billion VND (20.3million USD) and 57 million shares.
PetroVietnamConstruction (PVX) was the most notable stock in Hanoi on December 26,although it only closed at the reference price. Investors traded over 22million PVX shares, accounting for 39 percent of the exchange's volume.
Foreign investors bought a net of 124.55 billionVND (5.8 million USD), rising 60.7 per cent compared to the December 25level.
As there has not been any support due toeconomic information, the major impact to the domestic stock market isthe cash status of investors.
"Interbank interestrates have been increasing since earlier this week, but the rise was nottoo large," said Bao Viet Securities Co's Tran Hai Yen.
Year-end was typically the peak in demand for money, therefore the liquidity of banks would be affected, she added.
"However, it is only a short-term change, and the overall liquidity ofthe system will be assured thanks to a higher funding rate than creditgrowth."-VNA
