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Stock market recovers on week's first session
The stock market recovered on the first session of this week with gains reported for both indexes.
The string of six consecutive declines of both the southern and northern bourse stopped today as the VN-Index advanced by 1.2% while the HASTC-Index had a bigger gain of 2.66%.
Ending the first phase of today's session at the Ho Chi Minh City Stock Exchange, the VN-Index saw a decline of 3.23 points or 0,75%.
However, the situation was different in the remaining two phases when prices of many stocks recovered, pulling the VN-Index up. The benchmark had 5.18 points more as the market closed today at 434.64.
Total market trading volume today was 16.6 million units worth VND 540 billion, with 14.5 million of these traded via order matching for VND 398 billion.
The southern bourse today welcomed a new stock CNT of Materials Trading and Construction Joint Stock Company, bringing the total listed stocks on the bourse to 159.
There were reportedly 87 gainers against 68 losers and four remained unchanged.
The HASTC-Index of the northern bourse closed today at 144.59, up 3.74 points. Trading volume was over 9.4 million units worth VND 305 billion. The bourse today also welcomed one more listed member, MMC of Mangan Mineral Joint Stock Company which listed 1.2 million shares on the bourse, bringing the total of listed companies on the bourse to 146.
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