Stocks continue rally, boosted by better investor confidence
Stocks continue rally, boosted by better investor confidence
Stocks extended rallies this morning on improved investor sentiment.
On the HCM Stock Exchange, the VN-Index added another 0.87 per cent to close at 579.56 points, while the VN30, which tracks the top 30 shares by market value and liquidity, increased by 0.7 per cent to end at 614.6 points.
Bank shares again provided the momentum, as most of them added between 1.4 and 3.9 per cent, including Eximbank (EIB), Vietinbank (CTG), Vietcombank (VCB) and Bank for Investment and Development of Vietnam (BID), besides Military Bank (MBB).
Liquidity rose strongly, with both volume and value being almost double the level of yesterday morning, at 89 million shares and VND1.344 trillion (US$62.8 million) respectively.
Truong Thanh Furniture Corp (TTF) became the most active code this morning, with 4.4 million of its shares being exchanged, jumping 5.93 per cent to close at VND12,500 per share. MBB followed closely behind, with 4.3 million of its shares being traded, rising 1.4 per cent to reach VND14,600 per share.
On the Ha Noi Stock Exchange, the HNX-Index increased by 1.08 per cent to finish at 86.59 points, but the liquidity remained low at 27.4 million shares, worth VND344 billion ($16.1 million).
KLF Joint Venture Global Investment Co (KLF) continued to lead the market here in terms of volume, with 5.5 million of its shares being traded at VND11,200 per share.
The trading will resume at 1pm.
