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Shares rise on strong cash flow
Shares rose on Tuesday morning on the two stock exchanges as cash flow pushed up many large-caps.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained 0.67 per cent to close at 957.16 points.
The index had lost 1.6 per cent to close Monday at 950.79 points.
The southern market index ended last week at 966.29 points. It was the benchmark’s highest level since January 22 when it reached 991.46 points.
More than 201.2 million shares were traded on the southern exchange on Monday, worth VND3.9 trillion (US$168.7 million).
The VN30 Index, which tracks the performance of the 30 largest stocks by market capitalisation and liquidity on HoSE, rose 0.56 per cent to end Tuesday morning at 921.12 points.
Bluechips gained ground thanks to the injection of cash flow, including Vietinbank (CTG), PetroVietnam Gas JSC (GAS), HDBank (HDB), Hoa Phat Group (HPG), Military Bank (MBB), Masan Group (MSN), PVPower (POW), Techcombank (TCB) and Sabeco (SAB).
On the Ha Noi Stock Exchange, the HNX-Index increased 1.41 per cent to 145.38 points.
More than 42.4 million shares were traded on the northern exchange, worth VND762 billion.
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