Shares make gains after ETFs review
Shares make gains after ETFs review
Vietnamese shares made a good start on Monday morning as investors sentiment became more stable after the conclusion of the review of exchange-traded funds (ETF)’ portfolios.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.34 per cent to close at 993.74 points.
The VN-Index went up 0.32 per cent last week.
More than 97.8 million shares were traded in the morning session, worth nearly VND3.3 trillion (US$141 million).
Large-cap VN30-Index gained 0.30 per cent to 917.89 points in the morning, pushed up by Bao Viet Holdings (BVH), Vinamlik (VNM), Vingroup (VIC) and Vietinbank (CTG). BVH increased by 1.7 per cent to VND73,200 per share. VNM rose 1.6 per cent to VND124,000 per share.
Oil and gas stocks performed well. PetroVietnam Drilling and Well Services Corporation (PVD) increased by 0.5 per cent to VND18,300 per share. PetroVietnam Technical Services Corporation (PVS) rose by 0.5 per cent to VND20,300 per share. PV Coating (PVB) moved up 1 per cent to VND21,100 per share. PetroVietnam Gas JSC (GAS) climbed by 0.7 per cent to VND103,500 per share.
On the Ha Noi Stock Exchange, the HNX-Index climbed 0.64 per cent to end at 104.80 points.
The northern market index had added nearly 1.9 per cent last week.
More than 17.2 million shares were traded on the northern market, worth VND241.5 billion.
The afternoon trading session starts at 1pm.