Shares extend gains on large buying demand
Shares extend gains on large buying demand
Vietnamese stocks extended their gains on Tuesday morning as buying demand focused on individual blue-chips.
The benchmark VN-Index on the Hồ Chí Minh Stock Exchange gained 0.78 per cent to close Tuesday morning at 875.42 points.
The index had gained 1.63 per cent to end Monday at 868.68 points.
Nearly 250 million shares were traded on the southern exchange, worth VNĐ4.4 trillion (US$188.5 million).
The large-cap tracker VN30-Index rose 0.77 per cent to close Tuesday at 815.89 points.
In the VN30 basket, 23 of the 30 largest stocks by market capitalisation and trading liquidity increased. Four lost ground and three were unchanged.
Cash flow poured into some large-caps such as Bank for Investment and Development of Viet Nam (BID), Vietinbank (CTG), FPT Corporation (FPT), PetroVietnam Gas JSC (GAS), HDBank (HDB), Military Bank (MBB), Masan Group (MSN), Mobile World Group (MWG), National Petroleum Group (PLX), Sabeco (SAB), SSI Securities Incorporation (SSI), Vietcombank (VCB) and Vinamilk (VNM).
The HNX-Index on the Hà Nội Stock Exchange rose 0.18 per cent to close Tuesday morning at 123.39 points.
The index had grown 0.43 per cent to end Monday at 123.16 points.
Nearly 33 million shares were traded on the northern bourse, worth VNĐ381 billion.
