Stocks regain rising momentum


Shares regained rising momentum this morning on both national stock exchanges.

Shares regained rising momentum this morning on both national stock exchanges.—Illustrative image/VNS File Photo

HA NOI (Biz hub)- Shares regained rising momentum this morning on both national stock exchanges.

The benchmark VN-Index on the HCM City Stock Exchange climbed 0.4 per cent to stand at 520.45 points by the end of the morning, boosted by blue chips.

Many of the top 30 shares by market capitalisation and liquidity increased, lifting the VN30 up 0.43 per cent to 584.48 points.

The market value reached VND658.3 billion (US$31.3 million) on a volume of over 44.6 million shares.

Ten codes saw trades of more than 1 million shares, with Tan Tao Investment Industry (ITA) and telecom equipment manufacturer SACOM Investment and Development (SAM) the most active, with over 3 million shares changing hands.

SAM climbed 3.6 per cent to VND8,300 a share while ITA gained 2.6 per cent to reach VND7,700.

On the Ha Noi Stock Exchange, the HNX-Index added 0.84 per cent to close the morning's session at 65.16 points on a turnover of nearly VND224 billion ($10.7 million).

Sai Gon-Ha Noi Bank (SHB) is temporarily leading the market on trades of 4.7 million shares, rising 1.35 per cent to VND7,500 a share. - VNS


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