Shares advance on HOSE, driven by Vinamilk, Sabeco
Shares advance on HOSE, driven by Vinamilk, Sabeco
The benchmark VN Index on the HCM Stock Exchange advanced 0.4 per cent on Tuesday morning to close at 664.99 points.
Large-cap stocks that suffered in the previous sessions, such as dairy producer Vinamilk (VNM), brewer Sai Gon Beer, Alcohol and Beverage Corp (SAB) and property and retail firm Vingroup (VIC), performed well this morning to lift the southern market.
VNM rose two per cent, SAB gained one per cent, VIC edged up 0.7 per cent, while other blue chips such as Vietcombank (VCB) and Vietinbank (CTG) also increased.
Market trading liquidity remained moderate with more than 70 million shares being exchanged, worth VND1.43 trillion (US$63.7 million).
Hoang Quan Consulting-Trading-Service Real Estate Corp (HQC) was the most active stock, with more than 5.2 million shares traded.
The market also saw a sudden increase in the demand for finance service firm Ocean Group JSC (OGC). More than 2.37 million Ocean Group shares were traded this morning and its shares surged 6.9 per cent.
On the other hand, the HNX Index on the Ha Noi Stock Exchange fell 0.4 per cent to close at 78.96 points.
Market trading on the northern bourse was quiet with more than 17 million shares being traded, worth VND157.2 billion.
