Shares start the week higher as real estate stocks climb
Shares start the week higher as real estate stocks climb
The market rose sharply on Monday morning as real estate and construction stocks attracted strong cash flow.
The VN-Index on the Hồ Chí Minh Stocks Exchange (HoSE) rose 0.17 per cent to 1,446.71 points. The market breadth was neutral with 228 stocks increasing, while 227 inched lower.
The liquidity was also higher than yesterday as investors poured more than VND19.4 trillion into the southern bourse, equivalent to a trading volume of nearly 683 million shares.
The VN30-Index lost 0.42 per cent, to 1,525.87 points.
Twelve in the VN30 basket rose, while 15 declined and three ended unchanged.
Real estate stocks dominated the market's trend with gainers of C.E.O Group JSC (CEO), Đất Xanh Group (DXG), FECON Corporation (FCN), Bà Rịa-Vũng Tàu House Development Co (HDC), Khang Điền House (KDH), Phát Đạt Real Estate (PDR), Từ Liêm Urban Development JSC (NTL) and Đạt Phương Group (DPG).
On the Ha Noi Stock Exchange (HXN), the HNX-Index also increased 1.57 per cent, to 418.60 points.
