Shares rise on large-caps and oil stocks
The Vietnamese markets started the week on a positive note on Monday morning thanks to the performance of large-cap stocks and oil stocks.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.56 per cent to close at 963.60 points.
On the southern exchange, 151 stocks advanced while 112 declined.
More than 76 million shares were traded on the bourse, worth VND1.8 trillion (US$75 million).
The benchmark index lost 0.17 per cent last week.
Insurance, stock brokerages, real estate, petroleum and mining, retail and technology were among the best-performing sectors in the morning session.
Those sector indices gained between 0.07 per cent and 1.1 per cent, data on vietstock.vn showed.
In the petroleum and mining group, gainers included Việt Nam National Petroleum Group (PLX), PetroVietnam Gas JSC (GAS), PetroVietnam Technical Services Corporation (PVS), PetroVietnam Coating (PVB) and PetroVietnam Drilling and Wells Service (PVD).
Other large-cap stocks such as Vietjet Air (VJC), Vingroup (VIC), Vinhomes (VHM), Vincom Retail (VRE) and Bảo Việt Holdings (BVH) also increased, supporting the upward market trend.
The large-cap VN30-Index was up 0.48 per cent to end at 873.71 points with 21 of the 30 largest stocks by market value and trading liquidity progressing.
On the Ha Noi Stock Exchange, the HNX-Index increased by 0.16 per cent to end at 104.37 points.
The northern market index fell a total of 0.13 per cent last week.
Nearly 9.3 million shares were traded on the northern market, worth VND127 billion.
The afternoon trading session starts at 1pm.