Shares advance on two exchanges
Shares advance on two exchanges
Shares rose steadily on Friday morning as large caps advanced altogether.
The VN-Index increased 0.73 per cent to 866.68 points on the HCM Stock Exchange.
On the Ha Noi Stock Exchange, the HNX-Index edged up 0.5 per cent to 106.40 points.
Divergence narrowed among large caps. Eighteen stocks of the top 30 largest shares by market value and liquidity on HCM City’s exchange gained value and only eight declined.
Growth of 2.4 per cent of the biggest listed stock Vinamilk (VNM) was the main supporter of the market.
Other heavyweight gainers included sugar maker Thanh Thang Cong Tay Ninh JSC (SBT) up 7 per cent, Binh Minh Plastics (BMP) up 3.5 per cent, Vietinbank (CTG), up 3.1 per cent and Coteccon Construction (CTD) up 1.7 per cent, as well as Vietcombank (VCB) and BIDV (BID), both up by over 1 per cent.
Liquidity increased, with 113.5 million shares worth a combined VND2.6 trillion (US$114.5 million) being traded in the two markets.
The afternoon trade session starts at 1pm.
