Shares rise after two-day decline
Shares rise after two-day decline
National stocks rallied during Wednesday session after declining to the attractive price level.
On the HCM City Stock Exchange, the VN-Index gained 1.94 per cent to 471.09 points. Gainers outnumbered losers by 181-55.
However, trading was sluggish, reaching only VND487.7 billion (US$23.2 million) on a volume of nearly 35.6 million shares.
The VN30, composed of the city’s leading shares, also rose 2 per cent to 539.08 points.
Investors sentiment on these large-cap stocks improved with only PetroVietnam Low Pressure Gas Distribution Co (PGD) retreating.
Meanwhile, insurer Bao Viet (BVH), steelmaker Hoa Sen (HSG), financial firm Ocean Group (OGC) and PetroVietnam Drilling Services (PVD) hit their ceiling prices.
On the Ha Noi Stock Exchange, the HNX-Index advanced by 2.56 per cent to stand at 60.82 points.
As 40.4 million shares changed hands, the turnover fetched VND311.3 billion ($14.8 million).
The HNX30, tracking the northern bourse’s largest stocks in terms of capitalisation and liquidity, finished the session 3.56 per cent higher at 117.16 points.
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