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Stock market continues upward climb
The Vietnamese securities market continued its strong rally on the August 12 trading session with stock prices and trading volume surging on both bourses.
At the Ho Chi Minh Stock Exchange (HOSE), the VN-Index closed at 459.89 points, up 5.09 points over the previous session.
The trading volume at the main bourse also surged with over 23 million shares valued at 801 billion VND changing hands.
The most sought-after stocks at the session included STB (Sai Gon Thuong Tin Commercial Joint Stock Bank) with 3.48 million shares traded, SAM (Cables and Telecom Materials Company) with 1.16 million shares, and HPG (Hoa Phat Group) with 1.14 million shares.
The session saw 107 shares enjoy gains, 36 shares suffer losses and 17 shares inactive.
Foreign investors bought more than 2 million shares and sold 3.38 million shares.
Meanwhile, the HaSTC index of the Hanoi Securities Trading Centre won 2.52 points to rise to 139.54 points.
The floor saw a sudden increase in trading volume with over 12 million shares sold for 417 billion VND.
As many as 135 shares made gains, 9 saw loss and two had no transactions.
Almost all blue-chips continued their strong rise, such as ACB (Asia Commercial Bank), PVS (Petroleum Technical Services Corporation) and PVI (PetroVietnam Insurance) which saw their prices up between 2,400-5,100 VND per share.
VNA
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