VN-Index advances on investor optimisim
VN-Index advances on investor optimisim
The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose slightly on Thursday morning, driven by investor confidence in the stable movement of indices and positive condition of the global market.
The benchmark VN-Index gained 0.24 per cent to end at 963.55 points.
The southern bourse index had gained 0.70 per cent to close at 961.28 points in the previous session.
The HNX-Index on the Ha Noi Stock Exchange fell 0.12 per cent to close at 107.55 points.
The Ha Noi index had advanced 1.02 per cent to end at 107.68 points on Wednesday.
More than 123.8 million shares were traded in the morning session, worth VND2.4 trillion (US$101.6 million).
According to Reuters, US stocks closed up on Wednesday afternoon, though they were well below their session highs as investors pulled back in the last few minutes of trading despite optimism about US-China trade relations and some reassuring signs in British politics.
The Dow Jones Industrial Average rose 157.03 points, or 0.64 per cent, to 24,527.27. The S&P 500 gained 14.29 points, or 0.54 per cent, to 2,651.07 and the Nasdaq Composite added 66.48 points, or 0.95 per cent, to 7,098.31.
Blue-chips led the market upturn including IT giant FPT (FPT), real estate developer Vingroup (VIC), budget carrier Vietjet (VJC), dairy firm Vinamilk (VNM) and Bank for Investment and Development (BID).
Sectors that saw stocks move up included real estate, securities and construction materials.
The afternoon trading session starts at 1pm.
