Blue chips lead market rebound
Blue chips lead market rebound
Shares reversed losses to rally this November 7 morning, with virtually no change in trading value.
On the HCM City Stock Exchange, the VN-Index edged up 0.69 per cent to 379.56 points. Gainers outnumbered losers by 140-64.
Share prices, after several declining sessions, have become alluring to investors. Eight of the 30 leading shares by liquidity and capitalisation hit their ceiling prices this morning.
Those were insurer Bao Viet (BVH), Vietinbank (CTG), Vietcombank (VCB), sugar processor Bourbon Tay Ninh (SBT), PetroVietnam Finance (PVF) and property developers Dic Corp (DIG), Becamex (IJC) and Tan Tao (ITA).
Only food processor Masan (MSN), Sacombank (STB) and property developer Vingroup (VIC) tumbled.
The VN30, which tracks the movements of these stocks, advanced by 0.53 per cent to 448.99 points.
Market value on the southern bourse reached VND258.3 billion (US$12.3 million) on a volume of 23 million shares.
On the Ha Noi Stock Exchange, the HNX-Index closed at 51.31 points, a 1.28 per cent rise, as gainers overwhelmed decliners by 113-51.
Trading value and volume fetched VND147.9 billion ($7 million) or 23.6 million shares.
The HNX30, representing the city's top stocks, put on 1.85 per cent to finish the morning session at 92.80 points.
Afternoon trading will start at 1 pm and end at 2.15 pm.
vietnamnews
