Securities companies lift stock market

Thursday, May 11, 2017 12:45

Shares advanced further on the two local markets on Thursday morning, led by brokerage firms. — Photo tinnhanhchungkhoan.vn

Shares advanced further on the two local markets on Thursday morning, led by brokerage firms.

The benchmark VN Index on the HCM Stock Exchange added 0.2 per cent to close at 726.07 points. It moved up a total of 0.8 per cent in the previous two days.

The HNX Index on the Ha Noi Stock Exchange edged up 0.2 per cent to end at 90.32 points, extending its gain from a two-day growth of 0.8 per cent.

More than 156 million shares were traded on both local bourses, worth VND3.1 trillion (US$138 million).

Shares of securities firms were the strongest gainers on Thursday morning among 20 industries, boosting the sector index by one per cent, according to vietstock.vn.

The largest gainers included HCM City Securities (HCM), Sai Gon-Ha Noi Securities (SHS), VNDirect Securities (VND) and An Phat Securities (APG).

Property developers and energy producers remained positive. The two sectors were lifted by Sacomreal (SCR), Kinh Bac City Development Holding (KBC), PetroVietnam Coating (PVB) and PetroVietnam Gas (GAS).

SCR was also the most active stock in the market, with nearly 10.7 million shares being exchanged.

The afternoon session starts at 1pm. — VNS

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