Market makes gains on rising cash flow
Market makes gains on rising cash flow
The stock market opened higher and maintained its growth, based on increasing cash flow into the market.
On the HCM City Stock Exchange, the VN Index gained 1.07 per cent to reach 584.24 points.
Overall, the gainers outnumbered the losers by 146 to 59, while 61 others remained unchanged.
Among the 30 largest shares in terms of liquidity and market value, 22 codes improved to drive the market up, and five fell from Friday's close.
Among the five losers, Ocean Group JSC (OGC) hit the floor price at VND2,600 per share.
Market liquidity was high, with nearly 96 million shares being traded, worth VND1.44 trillion (US$66.8 million).
FLC Group (FLC) and HCM City Infrastructure Investment JSC (CII) were the most active codes this morning, with eight million and nearly 10 million shares being traded, respectively.
On the Ha Noi Stock Exchange, the HNX-Index increased by 2.23 per cent to close at 88.64 points.
Market liquidity was high with nearly 46 million shares being traded, worth VND570 billion ($26.4 million).
The gainers outnumbered the losers by 102 to 60.
FIT Investment JSC (FIT), KLF Investment Global JSC (KLF) and PetroVietnam Construction JSC (PVX) were the three codes that traded more than three million shares. All of them also rose in market value.
The afternoon session will begin at 1pm.
