VPBank pulls up VN-Index

Large caps continued their uptrend and pulled up the VN-Index, which closed up 0.2 per cent at 822.5 points on Monday morning.

Half of the top 30 largest stocks by market value and liquidity on the HCM Stock Exchange gained value and 11 declined.

VPBank (VPB) led the gainers, up 2.4 per cent. Major stocks such as insurer Bao Viet Holdings (BVH), mobile phone retailer Mobile World Group (MWG) and budget airline Vietjet (VJC) increased by 1.4 per cent each.

Overall market condition was neutral with 127 stocks rising, 124 falling and 92 remaining unchanged.

On the defensive side, brewer Sabeco (SAB), private equity firm Masan Group (MSN), VinGroup (VIC) and Petrolimex (PLX) retreated below their reference prices.

On the Ha Noi Stock Exchange, the HNX-Index was up 0.24 per cent at 109.37 points.

Liquidity was modest with a total of 122.2 million shares worth a combined VND2.34 trillion (US$103 million) being traded on the two markets.

Afternoon trade starts at 1pm.

bizhub

>   Stock uptrend likely despite divergence (16/10/2017)

>   VN-Index concludes a winning week (14/10/2017)

>   Large-cap stocks lift VN Index higher (13/10/2017)

>   VN-Index extends gain on large caps (13/10/2017)

>   KSA: KSA still in the warning status (12/10/2017)

>   Shares mixed on two exchanges (12/10/2017)

>   CIG: CIG reminded for violations (12/10/2017)

>   VN-Index rallies for a third day (12/10/2017)

>   VN-Index on steady uptrend (11/10/2017)

>   VN-Index edges up at the last minute (11/10/2017)