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Blue chips boost markets
Blue chip advances helped Viet Nam's stock indices rally on Nov. 23, but concerns over the macroeconomic situation restrained a capital injection in securities.
In HCM City, the VN-Index gained 1.08 per cent to close at 430.81 points.
Trading volume fell 16.1 per cent from Monday to 25 million shares, a value of VND547.6 billion (US$26.1 million).
Blue chips were the advancers, with software producer FPT Corporation (FPT) and property trader Hoang Anh Gia Lai (HAG), each up VND1,000; Steel producer Hoa Phat Group (HPG), up VND900; Phu My Fertiliser (DPM), up VND600; And Ocean Group, up VND400.
Bao Viet Holding (BVH) and Masan Group (MSN) declined after rallying on Monday.
Only two stocks dropped to their floor prices, Vien Dong Pharmaceutical Company (DVD), down VND2,500 to VND53,000 and Taya Vietnam Electric Wire and Cable Company (TYA), down VND200 to VND5,500.
Sacombank (STB) and Eximbank (EIB) remained unchanged.
24 stocks hit their ceiling prices, most of which were penny stocks.
In Ha Noi, the HNX-Index bounced back 1.22 per cent to 99.05 points.
Volume was down 10.1 per cent from Monday to 25 million shares, worth VND428.8 billion ($20.1 million).
The largest capitalised stocks rallied, including Asia Commercial Bank ACB), up VND300; Bao Viet Securities (BVS), up VND400; Kim Long Securities (KLS), up VND200; PetroVietnam Insurance (PVI), up VND300 and PetroVietnam Construction (PVX), up VND1,000.
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