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HCM City-Listed stocks gain after four day holiday
The four day holiday helped bolster stock trading in the HCM City market this morning with the VN-Index climbing 1.35 per cent to close at 486.58 points.
Trading volume fell by 15.9 per cent since last Friday to 21.2 million shares, totalling VND583.9 billion (US$27.8 million) in value. The southern market had 115 code gainers, 109 losers and 65 who remained at a standstill during the session. Big stocks retained most support with nine out of the 10 largest capitalised stocks gaining points.
The Masan Group (MSN) saw the biggest gain of 4.9 per cent to VND129,000; followed by the Hoa Phat Group (HPG) gaining 2.9 per cent to VND35,200. Property developer Hoang Anh Gia Lai (HAG) gained 1.7 per cent to VND42,800, insurer Bao Viet Holding (BVH) gained 1.6 per cent to VND93,000 and software producer FPT Corp (FPT) gained 1 per cent to VND50,500.VietinBank (CTG) was the only big stock trader to lose (0.4 per cent to VND28,400).
The HNX-Index of the Ha Noi Stock Exchange retreated 0.47 per cent from last Friday to close at 83.19 points. Trading experienced a low volume turn with 19.7 million shares changing hands, compared to 29.4 million last Friday, which was worth VND260.7 billion ($12.4 million). Losers outnumbered gainers by 162:53.
VNDirect Securities (VND) claimed the most active stock, changing nearly 3 million shares. Shares closed unchanged today at VND14,400 a piece.
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