Indices continue to inch higher

Friday, Mar 18, 2022 12:38

The Vietnamese stock market closed Friday morning on a positive note, as bullish sentiment pushed stocks across most sectors slightly higher.

The VN-Index on the Ho Chi Minh Stock Exchange (HoSE) gained 10.73 points, or 0.73 per cent, to 1,472.07 points.

The market's breadth was positive with 265 stocks increasing, while 159 declined. Liquidity also improved compared to the previous session, of which over 439.6 million shares were traded on the southern bourse, worth more than VND12.2 trillion (US$534.2 million).

Meanwhile, foreign investors continued to be net buyers on HoSE, worth over VND10 billion.

The benchmark index extended gains on rising risk-appetite among investors. The VN30-Index, tracking the 30 biggest stocks on HoSE, rose 11.05 points, or 0.75 per cent, to 1,480.97 points.

Of the VN30 basket, 21 stocks climbed, while six slid and three remained unchanged.

In the top five stocks influencing the benchmark's rally, Vinhomes (VHM) was the biggest gainer, up 2.43 per cent.

The rest were PV Gas (GAS), BIDV (BID), Masan Group (MSN) and FPT Corporation (FPT), all posting gains of at least 1.61 per cent.

The HNX-Index on the Ha Noi Stock Exchange also edged higher this morning, up 4,61 points, or 1.03 per cent, to 450.76 points. VNS

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