Main index closes above 1,000 points

28-Nov-2020 Intellasia | The Saigon Times | 6:02 AM Print This Post

Many largecaps and bluechips reversed course to end higher, pushing the VN-Index of the Hochiminh Stock Exchange up at 1,005.97 points today, November 26.

With 203 gainers and 216 losers, the main index added 6.03 points, or 0.6 percent from the session earlier. Trade volume rose 4 percent to over 494.5 million shares, while the value dropped by 6 percent against the day earlier at VND10.3 trillion. There were over 82 million shares worth VND1.9 trillion traded in block deals.

In the VN30 basket, as many as 19 stocks were in positive territory, with bank stocks BID and CTG ending up 3.1 percent and 3.2%, respectively.

Fuel firm PLX, lender VPB and brewery firm SAB also contributed to the gain of the main index, rising by 1.5%-2 percent at the close.

Financial service provider TCH earned impressive growth, ending the day up and reporting a matching volume of 11.6 million shares.

Steelmaker HPG still took the lead on the southern bourse with over 33.1 million shares transacted, but it closed the day down 1.4%.

Many speculative stocks such as FMC, BCM, and steelmaker POM shot up to the ceiling prices.

The good performance of some bluechips, coupled with strong cash flow, sent the HNX-Index of the Hanoi Stock Exchange up 0.31 points, or 0.21%, at 148.4. Trade volume totaled over 62.2 million shares worth VND1.1 trillion.

Lender ACB finished the session up and became the most actively traded stock on the northern bourse with over 10 million shares exchanged.

Construction firm VCG, property enterprise CEO and apparel firm TNG were also among good performers.


Category: Stocks, Vietnam

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