Financial, tech stocks lift market sentiment

Vietnamese shares advanced on Friday morning, led by financial-banking and technology sectors.

 

The benchmark VN-Index on the Ho Chi Minh Stock Exchange rose 0.55 per cent to 898.99 points.

The VN-Index was down 0.38 per cent on Thursday.

The southern market was boosted by positive performance of financial-banking and technology stocks.

The banking, insurance, brokerage and technology indices were up between 0.5 per cent and 1.7 per cent, according to vietstock.vn.

The best performers in the four industries included insurer Bao Viet Holdings (BVH), SSI Securities (SSI), FPT Corp (FPT), Vietinbank (CTG), Techcombank (TCB) and Military Bank (MBB).

Realty stocks also made gains to support the market, led by Vingroup (VIC), Vinhomes (VHM) and Novaland (NVL).

By market value, the blue-chip tracker VN30-Index gained 0.75 per cent to 838.08 points.

The mid-cap and small-cap indices also advanced.

On the Ha Noi Stock Exchange, the HNX-Index was up 0.20 per cent to 128.73 points.

The northern market index increased by 0.47 per cent on Thursday.

Nearly 217.3 million shares were traded on the two exchanges, worth VND3.54 trillion (US$153.4 million).

The afternoon trading session starts at 1pm. 

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BVH 53,900 -1,600 -2.88%
CTG 30,500 -1,300 -4.09%
FPT 52,800 -1,100 -2.04%
MBB 18,400 -450 -2.39%
NVL 62,000 -300 -0.48%
SSI 17,600 -300 -1.68%
TCB 23,350 -650 -2.71%
VHM 78,500 -1,000 -1.26%
VIC 105,100 1,100 +1.06%

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