VN Index grows further, backed by large-cap stocks
VN Index grows further, backed by large-cap stocks
Viet Nam’s benchmark VN Index rose higher on Friday morning on the back of a few blue chips but market liquidity remained weak.
The VN Index on the HCM Stock Exchange gained 0.39 per cent to close to 807.98 points, extending its growth from a 0.13 per cent increase on Thursday.
More than 77 million shares were traded on the southern bourse, worth VND1.63 trillion (US$72.7 million).
Shares of brewers Sabeco (SAB) and Habeco (BHN) continued to be the main lift of the southern market. SAB edged up 0.3 per cent, and BHN surged 6.4 per cent.
The large-cap stock group VN30 Index moved up 0.62 per cent to 795.66 points, boosted by 19 out of the 30 largest companies by market capitalisation and trading liquidity.
Among the gainers were the logistics firm Gemadept (GMD), consumer goods producer Masan (MSN), Vietcombank (VCB), MBBank (MBB) and steelmaker Hoa Phat Group (HPG).
On the negative side, the HNX Index on the Ha Noi Stock Exchange fell 0.49 per cent to end at 106.90 points Friday morning.
The northern market index had fallen total 0.4 per cent in the previous two sessions.
Approximately 45.5 million shares were exchanged on the northern bourse, worth VND353.5 billion.
The afternoon trade session starts at 1pm.
