The VN-Index successfully surpassed the psychological landmark of 600 points as buying power increased dramatically in the afternoon session of March 4.
On the Hochiminh Stock Exchange, the benchmark index added 0.62 percent to close the session at 600.39 points, the highest level since November, 2014.
The market condition was positive as advancers more than doubled decliners.
Blue chips were mixed. However, thanks to growth by heavyweight stocks like Bao Viet Holdings Co (BVH), Vinamilk (VNM), Vietcombank (VCB) and Eximbank (EIB), the VN30, which tracks the top 30 shares by market value and liquidity, increased 0.39 percent to end at 629.69 points.
Liquidity improved only slightly compared to the previous session, totaling nearly 121 million shares worth 2.05 trillion VND (95.8 million USD).
Cash flows focused on small and mid-shares, particularly in securities and real estate stocks like HCM City Securities Co (HCM), Saigon Securities Inc (SSI), BIDV Securities Co (BSI), Kinh Bac City Development (KBC), Hoa Binh Construction and Real Estate (HBC), and Development Investment Construction (DIG).
H.A.I Agrochem Co (HAI) rose to be the most active stock with trading of 11.8 million shares, but the price fell 1.85 percent to finish at 15,900 VND (0.74 USD).
On the Hanoi Stock Exchange, the HNX-Index edged up 0.71 percent to close at 86.85 points showing growing investors' confidence.
Liquidity grew 10 percent in volume reaching 50.5 million shares and rising 20 percent in value to 644 billion VND (30.1 million USD).
KLF Joint Venture Global Investment Co (KLF) again claimed the most active stock with 7.7 million shares traded, gaining 0.93 percent in value to end at 10,800 VND a share.
Foreign investors continued to buy shares in the two markets, picking up combined shares worth 110.25 billion USD (5.2 million USD).-VNA
On the Hochiminh Stock Exchange, the benchmark index added 0.62 percent to close the session at 600.39 points, the highest level since November, 2014.
The market condition was positive as advancers more than doubled decliners.
Blue chips were mixed. However, thanks to growth by heavyweight stocks like Bao Viet Holdings Co (BVH), Vinamilk (VNM), Vietcombank (VCB) and Eximbank (EIB), the VN30, which tracks the top 30 shares by market value and liquidity, increased 0.39 percent to end at 629.69 points.
Liquidity improved only slightly compared to the previous session, totaling nearly 121 million shares worth 2.05 trillion VND (95.8 million USD).
Cash flows focused on small and mid-shares, particularly in securities and real estate stocks like HCM City Securities Co (HCM), Saigon Securities Inc (SSI), BIDV Securities Co (BSI), Kinh Bac City Development (KBC), Hoa Binh Construction and Real Estate (HBC), and Development Investment Construction (DIG).
H.A.I Agrochem Co (HAI) rose to be the most active stock with trading of 11.8 million shares, but the price fell 1.85 percent to finish at 15,900 VND (0.74 USD).
On the Hanoi Stock Exchange, the HNX-Index edged up 0.71 percent to close at 86.85 points showing growing investors' confidence.
Liquidity grew 10 percent in volume reaching 50.5 million shares and rising 20 percent in value to 644 billion VND (30.1 million USD).
KLF Joint Venture Global Investment Co (KLF) again claimed the most active stock with 7.7 million shares traded, gaining 0.93 percent in value to end at 10,800 VND a share.
Foreign investors continued to buy shares in the two markets, picking up combined shares worth 110.25 billion USD (5.2 million USD).-VNA
