Shares rise on positive market sentiment
Shares rise on positive market sentiment
Vietnamese shares roses on Monday morning thanks to positive signs in the country’s containment progress against the novel coronavirus.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 0.70 per cent to close morning trading at 795.15 points.
The index had gained a total of 4.18 per cent in all five trading days of last week to hit its one-month high of 789.60 points.
More than 197.4 million shares were traded on the southern exchange, worth VND2.8 trillion (US$119.4 million).
The large-cap tracker VN30-Index climbed 0.33 per cent to close at 737.43 points.
In the VN30 basket, 13 of the 30 largest stocks by market capitalisation and trading liquidity increased, while 14 declined. Three stayed unchanged.
Việt Nam reported no new infections have been reported in the last four days.
The total amount of people who have contracted the COVID-19 disease since the very first case in mid-January remains at 268.
Of those, 202 have made a full recovery and have been given the all-clear.
Shares gained ground thanks to the positive market sentiment. Among gaining bluechips were FPT Corporation (FPT), Vietcombank (VCB), dairy firm Vinamilk (VNM), brewery Sabeco (SAB), Phu Nhuan Jewelry (PNJ) and Mobile World Group (MWG).
The HNX-Index on the Ha Noi Stock Exchange moved down 0.05 per cent to close Monday morning at 110.40 points.
Nearly 46.6 million shares were traded on the northern bourse, worth VND351 billion.
