VN-Index rallied on BVH and MSN

Active purchases of specific blue chips continued to assist the HCM City Stock Exchange, with the VN-Index closing up 0.39 per cent to finish at 460.3 points on Apr. 21.

Volume was low at 21.5 million shares worth VND489.6 billion (US$23.3 million).

Insurer Bao Viet Holdings (BVH) and Masan Group (MSN) were the most supportive to the recovery, both hitting their ceiling prices on Apr. 21. BVH rose 4.5 per cent to VND82,000 and MSN rose 5 per cent to VND94,500.

Other blue chips to perform well included Sacombank (STB) up 0.7 per cent, property developer Vincom (VIC) up 0.7 per cent and resort developer Vinpearl Land (VPL) up 0.1 per cent.

STB was also the most active stock with 931,880 shares changing hands.

In Ha Noi, the HNX-Index dropped 2.08 per cent to close at 84.21 points, with 70 per cent of stocks losing ground.

Trading value remained low at VND229.3 billion ($10.9 million) on a total volume of 23.2 million shares.

Coffee producer Thai Hoa Group (THV) saw the highest trading volume of 1.8 million shares.

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