Markets rise on strong money flows
Markets rise on strong money flows
Money continued to flow into the two markets this morning, lifting both stock indices.
On the HCM Stock Exchange, the VN-Index inched up 0.24 per cent to close at 564.33 points.
While speculative stocks were still the most purchased, blue chips ended mixed, as shown in an increase of just 0.05 per cent of the VN30, which tracks the top 30 shares by market value and liquidity on the HCM City market, to stand at 588.67 points.
Trading remained positive, with almost 89 million shares worth VND1.23 trillion (US$56.7 million) being traded by the end of the session.
Property developer FLC Group (FLC) led with 9.4 million of its shares being traded, but its price fell one per cent to stand at VND10,100 per share.
On the Ha Noi Stock Exchange, the HNX-Index rose by a relatively substantial 1.17 per cent to end at 81.19 points.
Nearly 40 million shares worth VND412.2 billion ($19 million) were exchanged here.
PetroVietnam Construction Corp and KLF Joint Venture Global Investment Co (KLF) were the most active stocks, with more than four million shares being traded on each code.
PVX climbed 5.13 per cent to close at VND4,100 per share, while KLF increased 1.37 per cent to settle at VND7,400 each.
The afternoon session will begin at 1pm.
