Shares gain on bargain hunt

16-May-2018 Intellasia | VNS | 6:00 AM Print This Post

Investors increased bargain purchases in Monday morning trade, helping the market close in green.

The VN Index on HCM Stock Exchange rose over 0.43 per cent to close the morning trade at 1,049.31 points.

On Hanoi Stock Exchange, the HNX Index inched up 0.04 per cent to 122.82 points.

Large-cap stocks were the main boost this morning as up to 18 shares of the VN30 basket (which tracks the top 30 shares by market value and liquidity on HCM City’s main bourse) gained value and 10 declined.

Energy stocks led the gainers, with PetroVietnam Gas Joint Stock Corporation, PetroVietnam Drilling and Well Services Corporation and PetroVietnam Technical Services Corporation each growing over 1.3 per cent, with Binh Son Refining and Petrochemical Company Limited even jumping by 6.6 per cent.

Other main supporters included insurer B?o Vi?t Holdings, FPT Corporation, Masan Group, property developer Vingroup and Phu Nhu?n Jewellery Company.

Only 96.3 million shares, worth a combined VN?2.6 trillion (nearly $113 million), were traded in the two markets.

On the Unlisted Public Company Market, the UP Index was down by 0.57 per cent to end at 55,76 points.

The afternoon trade starts at 1pm.


Category: Stocks, Vietnam

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