Market starts new month on positive note
Shares rose on Monday morning on banking and construction sectors.
On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index posted a gain of 10.26 points, equivalent to 0.88 per cent, to 1,178.73 points. The market breadth was positive with 316 stocks climbing, while 125 stocks declined.
The gain was thanks to the growth of pillar stocks. The 30 large-cap tracker VN30-Index increased 11.36 points, equivalent to 0.97 per cent, to 1,184.96 points. Twenty-six of 30 large-cap stocks rose, while only four decreased.
During the morning session, nearly 419.3 million shares were traded on the southern bourse, worth over VNĐ10.2 trillion.
The market was strongly influenced by banking and construction sectors, including Vinhomes JSC (VHM) up 1.18 per cent, Việt Nam International Commercial Joint Stock Bank (VIB) up 6.93 per cent, VietinBank (CTG) up 2.01 per cent and JSC Bank For Investment And Development of Việt Nam (BID) up 1.15 per cent.
On the Ha Noi Stock Exchange (HXN), the HXN-Index also rose 0.65 per cent, equivalent to 1.61 points, to 250.83 points. The HXN30-Index, which tracks 30 biggest stocks on the northern bourse, ended the morning session at 369.92 points, up 1.23 per cent.