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VN stocks rebound driven by banks, energy firms
Shares rebounded on the HCM Stock Exchange on Wednesday morning, driven by banks and energy firms.
The benchmark VN Index rose 0.59 per cent to close at 842.23 points. It fell 1.05 per cent on Tuesday.
More than 88 million shares were traded on the southern bourse, worth VND1.8 trillion (US$802.3 million).
The market breadth was balanced with 120 gaining stocks, 127 declining ones and 45 others closing flat. Shares of banks and energy firms continued to drive the market up, after they underperformed on Tuesday.
Six of the seven listed banks on the southern exchange advanced, including Bank for Investment and Development of Viet Nam (BID), MBBank (MBB), Vietcombank (VCB) and Sacombank (STB).
The two energy and energy-based services firms, PetroVietnam Gas (GAS) and PetroVietnam Drilling and Well Services (PVD), gained 2 per cent and 6.4 per cent, respectively.
FLC Faros Construction (ROS) returned positive after it was hit by profit-taking on Tuesday. It surged 6.8 per cent on Wednesday morning.
On the Ha Noi Stock Exchange, the HNX Index closed at 105.16 points, unchanged from its ending level on Tuesday.
More than 26.8 million shares were exchanged on the northern market, worth roughly VND290 billion.
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