VN-Index inches higher on oil and retail stocks
VN-Index inches higher on oil and retail stocks
The market was mixed on Monday morning, with the benchmark VN-Index continuing to gain points on the back of oil and retail stocks.
On the Ho Chi Minh Stock Exchange (HoSE), the VN-Index rose 7.68 points, or 0.61 per cent, to 1,256.36 points.
The market's breadth was in a positive zone as more stocks advanced. Liquidity also improved, with matching value on the southern bourse up 14.3 per cent to VND5.6 trillion (US$238.8 million).
The VN30-Index, which tracks the 30 biggest stocks in market capitalisation on HoSE, climbed 7.73 points, or 0.61 per cent, to 1,283.37 points. In the VN30 basket, 20 stocks edged up, while nine stocks declined and one finished unchanged.
The benchmark index's rally in the morning trade was supported by gains in oil and retail stocks. Of which, Mobile World Investment Corporation (MWG) was up nearly 3.5 per cent, PV Drilling (PVD) rose 3.9 per cent, Digiworld (DGW) up 5.85 per cent, FRT SJC (FRS) up 3.85 per cent, and Petrosetco (PET) up 3.29 per cent.
Other stocks in realty and manufacturing industries also boosted the bullish trend, such as Vinhomes (VHM) up 2 per cent, Becamex (BCM) up 1.34 per cent, Sabeco (SAB) up nearly 2 per cent, and Hoà Phát Group (1.05 per cent).
Meanwhile, on the Ha Noi Stock Exchange (HNX), the HNX-Index fell slightly 0.31 points, or 0.11 per cent, to 284.32 points.
