Market gains on large-cap stocks
Market gains on large-cap stocks
Shares opened the last trading session of the third quarter on a positive note, helped by recoveries in large-cap stocks.
On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index rose 3.63 points, or 0.27 per cent, to 1,342.84 points. The market's breadth was also positive as 244 stocks increased, while 141 stocks declined.
However the liquidity continued to fall sharply with 251.2 million shares traded on the southern bourse, worth more than VND7.7 trillion (US$337.1 million).
The index was mainly driven by large-cap stocks. The 30 biggest stocks tracker VN30-Index posted a gain of 4.69 points, or 0.32 per cent, to closed the morning trade at 1,455.21 points.
Of the VN30 basket, 18 stocks climbed while 12 slid.
Real estate, manufacturing and bank stocks led the market's uptrend this morning, with Vingroup (VIC) being the biggest gainer. The property developer shares jumped 1.38 per cent.
Supporting the benchmark, Masan Group (MSN) and Techcombank (TCB) also climbed 1.99 per cent and 1.21 per cent, respectively.
However, the rally trend was limited by losses in some pillar stocks like Vietcombank (VCB), Hoa Phat Group (HPG) and BIDV (BID).
The HNX-Index on the Ha Noi Stock Exchange (HNX) also inched higher, up 0.98 per cent to 357.76 points.
