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Bourses make big leap to new height
The Ho Chi Minh City's bourse and its Ha Noi-based counterpart continue to record gains by the end of the September 28 morning trading session.
The VN-Index at the Ho Chi Minh City Stock Exchange (HoSE) jumped 32.77 points to finish at 1,046.86 points. By closing, more than 15 million shares, worth over 1.4 trillion VND, were traded. The VN-Index set a new record in terms of both volume and value during the week.
The session witnessed 101 shares rally for gains, 5 remain unchanged and 11 fall.
The Corporation for Financing and Promoting Technology (FPT) and Song Da Urban and Industrial Zone Investment and Development (SJS) were the biggest movers of the day by tacking 13,000 VND onto their listed prices, followed by Hau Giang Pharmaceutical (DHG) and North Kinh Do Food (NKD).
Investor Hoang Ngoc Tan attributed an increase in the listed price of Bach Tuyet Cotton Corporation (BBT) to a management reshuffle, introduction of new production lines and a highly successful hospital project.
According to many securities companies, the bourse is now bustling with a sudden increase in the number of investors rolling in.
The HaSTC-Index at the Ha Noi Securities Trading Centre also recorded an impressive gain of 14.42 points to finish at 309.74 points. Nearly 4.7 million shares, worth close to 513 billion VND, changed hands.
Shares of petroleum and securities were the most attractive to investors, including PetroVietnam Securities (PVS) and PetroVietnam Insurance (PVI), tacking 11,000 VND and 8.000 VND onto their listed prices, respectively.
Sai Gon Securities Inc (SSI) increased by 17,000 VND to reach its ceiling price of 203,300 VND per unit.
According to experts from the Hoang Gia Securities Company, the VN-Index exceeded the block-level of 1,020 points, and forecast that the index may surpass the 1,100 points in the near future.
VNA
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