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VN Index lifted by construction, healthcare, retail firms
Shares edged higher on the HCM Stock Exchange on Thursday morning, driven by the construction, healthcare services and retail sectors.
The benchmark VN Index was up 0.43 per cent to close at 831.26 points. It fell 0.07 per cent on Wednesday.
More than 90.7 million shares were traded on the southern bourse, worth VND2.28 trillion (US$101.7 million).
Market breadth was positive with 128 stocks gaining, 106 declining and 62 ending flat.
Large-cap stocks performed well with 18 of the 30 top companies in the VN30 basket making gains. The VN30 Index added 0.47 per cent to 820.66 points.
Shares of construction companies, healthcare services providers and retailers took turns to lift the market on Thursday morning on investors’ expectations for the companies to report good earnings for the previous quarter.
FLC Faros Construction Co (ROS) hit its daily rising margin of seven per cent, DHG Pharmaceutical Co (DHG) and Binh Minh Plastic Co (BMP) jumped 3.4 per cent and 3.1 per cent, respectively.
The three stocks were followed by digital retailer Mobile World (MWG), PetroVietnam Gas (GAS), food producer Kido (KDC) and technology group FPT Corp (FPT).
On the Ha Noi Stock Exchange, the HNX Index inched down 0.12 per cent to end at 109.29 points, extending from its 0.38 per cent fall on Wednesday.
More than 27.8 million shares were traded on the northern bourse, worth VND341.4 billion.
The afternoon session starts at 1pm.
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