Shares move up as cash flow comes back

Tuesday, Mar 03, 2020 12:06

Vietnamese shares performed well on Tuesday morning as previously sharp fall triggered cash flow and investors seek opportunities to invest in stocks with good prospects. — Photo cafef.vn

Vietnamese shares performed well on Tuesday morning as previously sharp fall triggered cash flow and investors seek opportunities to invest in stocks with good prospects.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.85 to end at 891.95 points.

The index had edged up 0.25 per cent to close Monday at 884.43 points.

More than 133.2 million shares were traded on the southern bourse, worth VND2.3 trillion (US$99.3 million).

The large-cap tracker VN30-Index was up 0.73 per cent to end at 841.51 points with a positive market breadth of 26 gaining stocks and only 2 losers.

Pharmaceuticals and health care and agriculture-aquaculture-forestry,were among badly-performing industries.

Meanwhile, Insurance, securities, logistics, real estate, real estate, banking, food and beverage, seafood processing, technology, wholesale, mining and energy, and power production buoyed the market.

On the Ha Noi Stock Exchange, the HNX-Index increased by 1.85 per cent to close at 112.71 points.

The HNX-Index increased by 1 per cent to close at 110.67 points on Monday.

Nearly 50.7 million shares were traded on the northern bourse, worth VND588 billion.—VNS

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