Shares move up on strong cash flow
Shares move up on strong cash flow
VN-Index continues gaining thanks to the cash flow pouring into large-caps. 
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange was up 0.16 per cent to close at 1,024.10 points.
The VN-Index gained 0.67 per cent to end at 1,022.43 points on Monday.
Nearly 105 million shares were traded on the southern bourse, worth VND2.34 trillion (US$100 million).
Following the recent positive trend of the market, indexes increased from the opening minutes. Bluechips like Bao Viet Holdings (BVH), PetroVietnam Gas JSC (GAS), Hoa Phat Group (HPG), Refrigeration Electrical Engineering Corporation (REE), Vietjet (VJC), Vincom Retail (VRE), Vinhomes (VHM) and Mobile World Group (MWG) were the main driving forces of the market.
Vinhomes (VHM) rose by VND1,800 to VND97,800 per share, recording a new peak since its listing so far.
On a sector basis, banking and securities attracted a good cash flow with many gainers such as Asia Commercial Joint Stock Bank (ACB), Bank for Investment and Development of Việt Nam (BID), Vietinbank (CTG), Ho Chi Minh City Securities Corporation (HCM), The European Investment Bank (EIB), Saigon Hanoi Securities Co (SHS), Saigon Securities Incorporation (SSI), VPBank (VPB) and Techcombank (TCB).
On the Ha Noi Stock Exchange, the HNX-Index slid 0.06 per cent to end at 106.54 points.
The northern market index gained 0.80 per cent to end at 106.60 point on Monday.
More than 15.59 million shares were traded on the northern bourse, worth VND261 billion.
The afternoon trading session starts at 1pm.
