VN-Index continues win streak
VN-Index continues win streak
The benchmark indices made strong gains yesterday on both the national stock exchanges.
On the HCM City Stock Exchange, the VN-Index, boosted by PV Gas (GAS) and the Masan group (MSN), advanced 1.3 per cent to reach 533.54 points yesterday.
More than 97.75 million shares changed hands for a total value of VND1.75 trillion (US$83.33 million).
Tracking the southern city's 30 largest shares, the VN30-Index rose 1.1 per cent to 589.46 points, thanks to gains from 16 codes.
From the codes, the Masan group (MSN) edged up VND3,000 ($0.14) to reach VND89,500 ($4.26) per share yesterday, with 540,000 shares changing hands.
After reporting upbeat business results for 2013, PV Gas (GAS) received strong buying support from foreign investors, soaring 4.7 per cent to VND77,000 ($3.7) per share yesterday.
Other gainers included the Hoa Phat Group (HPG), the Hoa Sen Group (HSG), the FPT Group (FPT) and Hoang Anh Gia Lai (HAG).
Overall, on the southern bourse, 113 codes made gains while 97 codes lost.
The VN-Index has been on a winning streak recently, with the benchmark index gaining for 10 straight days, which represents the longest period of gains for the index in the past one year.
The benchmark index did not see any losers during yesterday's trading and closed the day at its highest level.
On the northern bourse, the HNX-Index closed 0.52 per cent higher at 73.07 points, while the HNXFF-Index, composed of stocks with a minimum free float rate of 5 per cent, ended 0.34 per cent higher at 72.64 points.
These benchmark indices have gained for four straight trading sessions.
With the trading of 65.8 million shares, the total value climbed to VND721.9 billion ($34.37 million).
The HNX30-Index, consisting of the capital city's 30 top shares, gained 0.6 per cent to end at 141.86 points.
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