VN-Index closes month in upbeat sentiment
Vietnam’s benchmark VN-Index extended its winning streak to five consecutive trading sessions on August 31 as investors were in buying frenzy on confidence of a new uptrend.
The measure of 295 companies and five mutual funds listed on the Ho Chi Minh City Stock Exchange, built up 1.3 percent, or 5.45 points to close at 424.71 points.
The gauge rose 4.7 percent this month, trimming this year’s loss to 12.4 percent.
Across the benchmark, 146 stocks climbed, 77 retreated, while 77 treaded water.
Trading on the city bourse slightly inched up over the previous trading session as 47.74 million shares changed hands at a value of VND784.33 billion.
Saigon Securities Inc. (SSI), the country’s largest brokerage, topped the list of most active shares in volume with 3.28 million shares changing hands.
Ho Chi Minh City-based Refrigeration Electrical Engineering Corporation (REE) tailed with 2.11 million shares.
Saigon Thuong Tin Commercial Bank or Sacombank (STB) came next with 1.76 million shares traded.
Ho Chi Minh City Infrastructure Investment Joint Stock Company (CII), Hoi An Tourist Service Joint Stock (HOT), and Ngo Han Joint Stock Company (NHW) were the biggest winners on the southern trading floor today.
Viky Plastic Joint Stock Company (VKP) collapsed 5.56 percent to close at VND1,700.
Cu Chi Commercial & Industrial Developing Investment Joint Stock Company (CCI) slid 5 percent to VND11,400.
Dong A Plastic Joint Stock Company (DAG) declined for three consecutive trading sessions, dumping 4.81 percent to VND9,900.
The HNX-Index of the smaller bourse in the north strengthened 0.87 percent, or 0.63 points, to close at 73.19 points. Trading volume slightly fell over the previous trading session as nearly 66 million shares were traded at VND740.46 billion.
Meanwhile, the UPCoM-Index of unlisted shares shed 0.19 percent, or 0.06 points, to close 31.14 points. A total of 119,780 shares changed hands at a value of VND601 million at 2:10 pm local time.
Tue Minh
saigongpdaily
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