VN stocks rise on banks and energy firms

Thursday, Feb 16, 2017 12:45

Investors at VNDirect Securities Company. Shares rose on Thursday morning in both local markets, driven by banks and energy firms. — Photo

Shares rose in both local markets on Thursday morning, driven by bank and energy stocks.

The benchmark VN Index on the HCM Stock Exchange edged up 0.6 per cent to close at 715.85 points. The southern market index gained 1.6 per cent in the previous four sessions.

The HNX Index on the Ha Noi Stock Exchange increased by 0.2 per cent to end at 86.53 points, extending its positive run for a second day after rising 0.1 per cent on Wednesday.

Bank and energy stocks were the main factors that lifted the market on Thursday morning.

Among the nine listed banks, Vietcombank (VCB) and Vietinbank (CTG) added one per cent each, MBBank (MBB) advanced 1.4 per cent, and Sai Gon-Ha Noi Bank (SHB) and Sacombank (STB) rose two per cent each.

The energy sector also performed well, with PetroVietnam Gas Corp (GAS) increasing by one per cent, and PetroVietnam Coating Corp (PVB) and PetroVietnam Mud Drilling Corp (PVD) jumping 4.4 per cent and 3.3 per cent, respectively.

Mid-cap and penny stocks were also positive.

Agriculture group Hoang Anh Gia Lai (HAG) and its subsidiary Hoang Anh Gia Lai Agriculture International (HNG) went up 6.9 per cent and 4.3 per cent, respectively, driving the agriculture sector up with the highest growth among 20 industries.

Nearly 143 million shares were exchanged on Thursday morning, worth VND2.22 trillion (US$98.95 million). — VNS

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