VN stocks increase as retail, banking and brokerage industries up
Vietnamese shares advanced on Monday morning, driven by large-caps in the securities, banking and retail sectors.
The benchmark VN-Index on the Ho Chi Minh Stock Exchange gained 1.22 per cent to close at 857.94 points.
The VN-Index dropped a total of 0.51 per cent last week.
Large-cap stocks in the brokerage, banking and retail sectors boosted the market.
The three indices were up between 0.8 per cent and 1.7 per cent, according to vietstock.vn.
Gainers in those industries included Sacombank (STB), Vietinbank (CTG), VPBank (VPB), Mobile World Investment (MWG), SSI Securities (SSI) and HCM City Securities (HCM).
Those stocks also pushed the blue-chip index VN30 up 1.21 per cent to 799.39 points.
Mid-cap and small-cap stocks also advanced 0.48 per cent and 0.44 per cent, respectively.
On the Ha Noi Stock Exchange, the HNX-Index rose 0.82 per cent to end Monday morning at 112.46 points.
The northern market index lost 1.67 per cent last week.
More than 128 million shares were traded on the two exchanges, worth VND2.3 trillion (US$99.6 million).
Afternoon trading starts at 1pm.