Indices pickup on pillar stocks

Benchmark indices settled higher on Monday morning, backed by many large-cap stocks.

 

The VN-Index on the Ho Chi Minh Stock Exchange (HoSE) rose 11.09 points, or 0.88 per cent, to 1,273.42 points.

The market breadth was positive with 273 stocks increasing, while 142 declined.

Liquidity continued to improve, of which matching value on the southern market climbed by 35.2 per cent to over VND8.2 trillion (US$351.7 million), equal to a matching volume of 345 million shares.

The index's gains was mainly thanked to pillar stocks, with the VN30-Index, which tracks the 30 biggest stocks on the HoSE, posting a rise of 11.93 points, or 0.93 per cent, to 1,292.89 points.

In the VN30 basket, 22 stocks inched up, while four slid and four stayed unchanged.

Leading the uptrend was bank, real estate and IT stocks.

Specifically, BIDV was the biggest gainer with an increase of 4.08 per cent, followed by Vinhomes (VHM), Sahabank (SHB), FPT Corporation (FPT) and Vietinbank (CTG), of which SHB hit the maximum daily gain of 7 per cent.

On the Ha Noi Stock Exchange (HNX), the HNX-Index ended higher this morning, up 2.42 points, or 0.8 per cent, to 305.84 points. 

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