Shares move up, market sentiment stays positive
Vietnamese shares shrugged off difficulties to keep moving up on Wednesday morning while market sentiment remained upbeat.
Vietnamese shares shrugged off difficulties to keep moving up on Wednesday morning while market sentiment remained upbeat.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 1.09 per cent to close at 775.74 points.
The HNX-Index on the Ha Noi Stock Exchange rose 1.42 per cent to end at 108.67 points.
Both indices suffered stronger profit-taking on Tuesday.
The VN-Index inched up 0.21 per cent on Tuesday while the HNX-Index slid 0.01 per cent.
More than 211.5 million shares were traded on the two exchanges, worth nearly VND3 trillion (US$128.2 million).
The market breadth was positive with 314 gaining stocks against 149 declining ones. Meanwhile, 100 stocks were unchanged.
Large-cap stocks kept driving the market forwards as the large-cap tracker VN30-Index was up 1.33 per cent.
Twenty-four of the 30 largest stocks by market capitalisation and trading liquidity in the VN30 basket advanced.
Among gainers were Sacombank (STB), brewer Sabeco (SAB), insurer Bao Viet Holdings (BVH), Coteccons Construction (CTD), VPBank (VPB) and Mobile World Investment Corp (MWG).
The stocks jumped between 3.3 per cent and 6.3 per cent.
The afternoon trading session starts at 1pm. — VNS
