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Blue chips drive national exchanges
Demand rebounded on the national stock exchanges today with both the VN-Index and HNX-Index closing higher. On the HCM Stock Exchange, the VN-Index was falling more slowly than previous sessions at 10am with a rate just under 1 per cent. It then gained 3 per cent to finish at 398.04 points.
Gainers trippled losers while 28 shares were on a plateau.
Market value climbed 20 per cent compared to yesterday, totalling VND806 billion (US$38.4 million) for 47.2 million shares, a rise of 33 per cent in volume.
The group of the 10 largest shares in terms of capitalisation performed well.
Seven codes hit the maximum 5 per cent in a single session, including insurer Bao Viet Holdings (BVH), Vietinbank (CTG), fertiliser producer Phu My (DPM), software giant FPT (FPT), financial group Hoang Anh Gia Lai (HAG), food producer Masan Group (MSN) and PetroVietnam Finance (PVF).
Eximbank (EIB) posted a gain of 1.4 per cent, while Sacombank (STB) and estate developer Vincom (VIC) were mixed before closing unchanged.
The most active share was Sai Gon Securities Inc (SSI), with 3.4 million shares changing hands, followed by financial group Tan Tao (ITA) with 3.3 million shares.
The HNX-Index on the Ha Noi Stock Exchange rallied after more than an hour, dipping slightly to end 1.9 per cent higher to 70.34 points.
Gainers outnumbered losers by 167-131.
The value and volume of trades jumped 76 and 88 per cent over yesterday's session, being VND566 billion ($27 million) and 58.7 million shares.
VNDirect Securities Company (VND) saw the highest trading volume of 4.7 million shares exchanged.
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