VN stocks rise for a second day

Tuesday, Aug 04, 2020 12:03

The head office of Techcombank in Hà Nội. The bank's shares rose 1.6 per cent on Tuesday morning. — Photo cafef.vn

Vietnamese shares continued rallying on Tuesday morning with blue chips remaining the centre of attention.

The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.82 per cent to end at 821.35 points.

The VN-Index gained 2.04 per cent on Monday.

Large-cap stocks kept increasing to lift the market amid the growth of infection cases and deaths caused by the coronavirus in Da Nang.

The blue-chip tracker VN30-Index was up 0.78 per cent to 763.76 points and the mid-cap and small-cap indices advanced around 1 per cent each.

Twenty-eight of the 30 largest stocks by market capitalisation and trading liquidity in the large-cap basket advanced while none declined.

Among the best gainers were Khang Dien House Trading and Investment JSC (KDH), Vincom Retail (VRE), Techcombank (TCB), consumer firm staples Masan (MSN), retailer Mobile World Investment (MWG) and Vietcombank (VCB).

On the Ha Noi Stock Exchange, the HNX-Index added 1.05 per cent to close Tuesday morning at 111.59 points.

The northern market index surged 2.72 per cent on Monday.

Nearly 211.7 million shares were traded on the two exchanges, worth VND2.85 trillion (US$123.5 million).

The afternoon trading session starts at 1pm. — VNS

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