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Share buyers continue to gain confidence
The VN Index continued its rise and was up 1.51 per cent to 464.35 at the close on Dec. 3. Trading volume for the past month was 71.9 million shares valued at VND1.55 trillion (US$77.5 million).
Securities, property and rubber were the most popular.
"The 460-466 mark has offered strong resistance during past four months and a mid-term uptrend is likely if the VN-index surpasses it because trading volume has increased strongly against last month's average," said FPT Securities Company analyst Nguyen Minh Quan.
Volume ranged from 45 to 70 million shares during the past four days against about 30-35 million last month.
Securities, property and rubber were among the more than 200 advances today with most hitting their ceiling prices.
They included Sai Gon Securities Incorporate (SSI); HCM City Securities (HCM); Tan Tao Industrial Zone (ITA); Investment Construction (DIC); Kinh Bac Urban Development (KBC); Da Nang Rubber (DRC) and Sao Vang Rubber (SRC).
In Ha Noi, the HN-Index volume climbed to 61.6 million and total value of VND1.18 trillion.
The index rose 4.2 per cent to close at 116.6.
Securities and property shares were the most popular.
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