Large-caps support VN-Index
The VN-Index had a good start on Monday morning thanks to the strong gains of some individual stocks.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.47 per cent to end at 957.01 points.
More than 75.3 million shares were traded on the southern bourse, worth VND1.52 trillion (US$65 million).
The index gained 0.58 per cent to close last Friday at 952.55 points.
Large-cap stocks such as insurer Bảo Việt Holdings (BVH), Vietinbank (CTG), brewery Sabeco (SAB) and Vincom Retail (VRE) climbed and supported the VN-Index. VRE was up 1.6 per cent to VNĐ35,900 per share. BVH increased 2 per cent to VNĐ74,800 per share. CTG climbed 1 per cent to VNĐ20,500 per share. SAB rose 1 per cent to VNĐ250,500 per share.
The large-cap VN30-Index rose 0.22 per cent to stand at 878.42 points with 17 stocks gaining out of the 30 largest by market capitalisation.
Real estate, securities, banking, insurance, food and beverage and agriculture were among the best-performing industries.
Their indices rose between 0.21 per cent and 2 per cent, data on vietstock.vn showed.
On the opposite side, mining, wholesale and construction materials were among the decliners.
On the Ha Noi Stock Exchange, the HNX-Index decreased by 0.19 per cent to close at 105.65 points.
Around 27.5 million shares were traded on the northern bourse, worth VND404 billion.
The afternoon trading session starts at 1pm.