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Shares rise on both exchanges, led by blue chips
Shares this morning rose on the HCM Stock Exchange, with the VN-Index closing up 1.25 per cent on 401.65 points, led by the rebound of blue chips.
Seven of the 10 largest shares led by market capitalisation posted gains, of which property developer Vincom (VIC) was up 4 per cent, PetroVietnam Finance (PVF) rose 2.4 per cent, Vietinbank (CTG) increased 2 per cent while others were up from 0.3-1.8 per cent.
Gainers outnumbered losers by 133-80 overall.
Market value increased slightly to over VND505.8 billion (US$24.3 million), with more than 30 million shares changing hands.
Shares of Refrigeration Electrical Engineering Corp (REE), with 2.19 million shares exchanged, became the most active stock. REE hit the daily limit of 5 per cent to close at VND11,600 ($0.56) a share.
On the Ha Noi Stock Exchange, the HNX-Index gained nearly 1 per cent to finish on 69.75 points today.
Trading value improved slightly to VND447.7 billion ($21.5 million) on a volume of 49.7 million shares.
Advancers inched up decliners by just 117-108.
Kim Long Brokerage House (KLS) stocks remained the most heavily traded nationwide with over 7.3 million shares changing hands, even though it lost 2.6 per cent to close at VND11,400 ($0.55).
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