Stocks continue rally based on improved liquidity
Stocks continue rally based on improved liquidity
Shares rose further this morning on both stock exchanges, driven by steady cash inflows.
The benchmark VN-Index on the HCM Stock Exchange climbed 1.02 per cent to stand at 612.87 points, while the VN30, which tracks the top 30 shares by market value and liquidity, also increased 0.83 per cent to close at 650.81 points.
Liquidity improved with the market value almost doubling over yesterday morning's level, reaching VND1.517 trillion (nearly US$72 million) by the end of the morning.
FLC Group (FLC) was still leading the market on the trading of more than 13 million shares. But the shares fell 3 per cent to end at VND12,800 per share.
On the Ha Noi Stock Exchange, the HNX-Index gained 0.58 per cent to end at 83.54 points, with the trading value reaching nearly VND460 billion ($21.8 million).
Hot stocks like PetroVietnam Construction Corporation (PVX) and Sai Gon Thuong Tin Real Estate Company (SCR) continued to dominate trading on the northern bourse.
PVX was the most active stock with nearly 6 million shares being traded at VND4,900 per share, followed by SCR with over 3 million shares changing hands at VND10,000 per share.
The trading will resume at 1pm.
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