VN stocks rise, boosted by mining and auto sectors
VN stocks rise, boosted by mining and auto sectors
Vietnamese shares rose on both local bourses this morning, led by mining and automobile industries.
The benchmark VN Index on the HCM Stock Exchange gained 0.3 per cent to close at 572.81 points, and the HNX Index on the Ha Noi Stock Exchange inched up 0.1 per cent to end at 80.46 points.
Automobile stocks continued their rally on the stock markets. Among these stocks, Truong Long Auto and Technology JSC (HTL) surged 6.7 per cent, Sai Gon General Service Corporation (SVC) rose 2.7 per cent, and TMT Automobile JSC (TMT) jumped 6.8 per cent.Among mining stocks, Bac Giang Exploitable Mineral JSC (BGM) advanced 5.7 per cent, Quang Anh Mineral JSC (KSQ) rocketed 8.6 per cent, and Hung Long Minerals and Construction Materials JSC (KHL) added 7.4 per cent.
Additionally, Telecommunication Industry Electronics JSC (TIE) increased by 6.3 per cent, rallying for the third day.
Other large-cap stocks also made gains to lift the markets. Dairy firm Vinamilk (VNM) was up 0.8 per cent, food and beverage producer Masan Group (MSN) edged up 1.4 per cent, and PetroVietnam Gas Corporation (GAS) rose 1.8 per cent.
Both local markets traded nearly 107.4 million shares, worth VND1.45 trillion (US$64.5 million).
