Shares advance on both bourses
Shares advanced on the two main bourses on Friday morning, led by large caps.
Shares advanced on the two main bourses on Friday morning, led by large caps.
On the Ho Chi Minh Stock Exchange, the VN-Index added 0.56 per cent to end at 935.34 points.
On the Ha Noi Stock Exchange, the HNX-Index increased 1.29 per cent to close at 105.93 points.
Overall market condition was positive with 230 shares rising, 165 declining and 347 closing unchanged on the two exchanges.
Large-cap stocks fueled the market rise.
Twenty two of the top 33 shares by market value and liquidity gained value and six slumped.
Gainers expanded many sectors, including banking-finance, construction and real estate, steel, retail and pharmaceutical.
The biggest gainers were FPT Corp (FPT) with growth of over 3 per cent. Big banks such as BIDV (BID), Vietinbank (CTG) and Military Bank (MBB) also increased 2.7 per cent each.
On the opposite side, food-beverage firms such as Vinamilk (VNM) and Sabeco (SAB) lost by nearly 1 per cent each.
Over 129 million shares worth a combined VND2.3 trillion (US$100 million) were traded on the two markets this morning.
The afternoon session starts at 1pm. – VNS
