VN-Index surpasses five-year peak on strong local buys
VN-Index surpasses five-year peak on strong local buys
Investors continued their steady buys this morning, pushing the VN-Index over the five-year peak of 615 points seen in October 2009 to close at 620.89 points.
On the HCM Stock Exchange, the advancers tripled the decliners, led by blue chips.
PV Gas (GAS), the biggest stock with the highest market value, jumped 3.4 per cent to VND122,000 (US$5.78) per share.
Other blue chips such as Phu My Fertiliser (DPM), Masn Group (MSN), VinGroup (VIC), Bao Viet Holdings (BVH), Vietcombank (VCB) and Hoa Phat Group (HPG) all gained value.
The VN30 which tracks the top 30 shares by market value and liquidity was up 0.91 per cent to stand at 655.87 points.
Liquidity was good with nearly 90 million shares worth VND1.58 trillion (nearly $75 million) traded.
Two realty stocks, FLC Group (FLC) and Tan Tao Investment Industry Co (ITA), are leading trades here with more than 11 million shares being traded on each code.
On the Ha Noi Stock Exchange, the HNX-Index also rose 0.57 per cent to end at 83.48 points with over 33 million shares worth VND423 billion ($20 million) being exchanged.
PetroVietnam Construction Corp (PVX) is again the most active code here with 3 million shares, being traded at VND4,800 a share.
The afternoon session will start at 1pm.
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