Stocks upbeat, led by realty, rubber plantation firms
Stocks upbeat, led by realty, rubber plantation firms
Shares remained upbeat in the early session, driven by real estate companies and rubber plantation firms.
The benchmark VN Index on the HCM Stock Exchange and the HNX Index on the Ha Noi Stock Exchange edged up 0.2 per cent each to close at 683.94 points and 84.77 points, respectively.
The trading session opened with cautious sentiment, following a decline in global markets on high expectations of a US interest rate hike and less-than-expected third-quarter profit reports.
The VN30 Index, which contains the 30 largest companies by market capitalisation and trading liquidity, was lifted by property developers and rubber plantation companies.
Among real estate traders, Vingroup JSC (VIC) and Tan Tao Investment and Industry Corp (ITA) were up 1.3 per cent and 0.9 per cent, respectively.
Real estate firm FLC Group (FLC) surged 5.4 per cent after its chairman continued the buyback of 36 million shares, and was the most active stock with more than 13.4 million shares being traded.
Rubber plantation firms also made gains as rubber price on the Tokyo Commodity Exchange on Tuesday reached a five-month high of 182.3 yen per kg after rallying 11.6 per cent in the previous five days.
Among those stocks, Hoang Anh Gia Lai JSC (HAG), Hoang Anh Gia Lai International Agriculture JSC (HNG) and Tay Ninh Rubber JSC (TRC) gained between 1.3 per cent and 2.7 per cent each.
Nearly 94 million shares were exchanged across the trading board, worth nearly VND1.35 trillion (US$60 million).
