Shares rebound on bottom fishing

Tuesday, Jul 28, 2020 12:25

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) gained 1.13 per cent to end the morning session at 794.06 points. — Photo cafef.vn

HÀ NỘI — Vietnamese shares edged up on Tuesday morning as investors sought out stocks that had been hit hard in the previous session.

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) gained 1.13 per cent to end the morning session at 794.06 points.

More than 186 million shares were traded on the southern bourse, worth VNĐ2.7 trillion (US$116.5 million).

Market breadth was positive with 261 shares gaining and 114 declining.

The southern market index suffered their biggest daily percentage drop in four months, losing 5.31 per cent to close Monday's trading session at 785.17 points.

On Tuesday morning, the large-cap VN30-Index increased by 1.12 per cent to stand at 738.11 points.

Many large-caps gained such as Masan Group (MSN), Bảo Việt Holdings (BVH), FPT Corporation (FPT), Phú Nhuận Jewellery (PNJ), Vinhomes (VHM), Asia Commercial Bank (ACB), Military Bank (MBB) and VPBank (VPB).

On the Hà Nội Stock Exchange (HNX), the HNX-Index was up 2.15 per cent to end Tuesday morning at 105.05 points.

Nearly 32.6 million shares were traded on the northern bourse, worth VNĐ250 billion. — VNS

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