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Shares continue rally on the back of blue-chip stocks
Viet Nam’s stock market rose again on Thursday morning as investors continued to focus on blue-chip stocks.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange increased 0.54 per cent to 1,149.33 points. The gain follows an increase of nearly 1 per cent in the large-cap tracker VN30-Index.
In the morning trading session, the VN30-Index gained 0.76 per cent to 1,122.14 points. Sixteen of the 30 large-cap stocks in the VN30 basket increased, while thirteen declined. Of which, ten stocks increased more than 1 per cent in the morning trade, with banking stocks dominating the gains.
Property developer Novaland Investment Group Corporation (NVL) was the biggest gainer this morning with a growth of 5.5 per cent to VND70,400.
Banking stocks also posted big gains, including HDBank (HDB) up 3.7 per cent; Techcombank (TCB), up 2.9 per cent; VietinBank (CTG) up 2.8 per cent; and Vietcombank (VCB) up 2.1 per cent.
The HNX-Index also gained in the morning trade, up 1.33 per cent to 214.49 points.
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