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Foreign investors show interest in stock market
Foreign investors bought close to 2.9 million out of 10.9 million shares and capital fund certificates put into transactions during the April 9 trading session.
Shares in energy, fertiliser, finance and banking, seafood and foodstuff companies were popular with foreign investors. Among those were Pha Lai Thermal Power (PPC), Phu My Nitrogenous Fertiliser (DPM), Saigon Securities Inc. (SSI), Vinamilk (VNM) and FPT Corp. (FPT).
As of April 9, the VN-Index at the Ho Chi Minh City Stock Exchange (HoSE) has experienced increases for the 11 consecutive sessions. The day’s index stopped at 552.05 points, up 3.49 points or 0.6 percent against the previous session, with over 11 million shares traded, worth 544.6 billion VND.
The southern bourse witnessed 61 stocks rally for gains, 10 remain unchanged and 82 decline.
STB of Sacombank and PPC of Pha Lai Thermal Power Plant both enjoyed an increase of 700 VND per share to 40,400 VND and 40,700 VND respectively while DPM of Phu My Nitrogenous Fertiliser Plant rose 1,000 VND to 53,000 VND per share.
STB also led the market in terms of transaction volume with nearly 2 million shared being traded, followed by DPM with 911,220 shares and SSI with 858,950 shares.
In opposition to the southern bourse’s upward trend, the HaSTC-Index at the Hanoi Securities Trading Centre dropped 4.34 points or 2.2 percent to finish at 193.21 points. More than 3.6 million shares, worth over 172 billion VND, were traded.
VNA
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